Gold imports rise to $1.98 bn in February
Gold imports in February rose to USD 1.98 billion (Rs 12,293 crore), the second successive monthly rise.
Mar 13, 2015, 21:08 PM IST
Exports dip 15% in February; trade deficit at 17-month low
Falling for the straight third month, India's exports declined steeply by over 15 percent to USD 21.54 billion in February, even as trade deficit narrowed to USD 6.85 billion.
Mar 13, 2015, 19:26 PM IST
Ease of Doing Biz: Only 3 documents needed for imports, exports
The move will also lead to reduction in transaction cost and time. Currently, around 10 documents are needed to fulfil the official obligations.
Mar 12, 2015, 20:50 PM IST
Tata Steel hopes Budget to take steps to arrest rising imports
Tata Steel on Thursday said it expects Finance Minister Arun Jaitley will take necessary measures in the upcoming Union Budget to rein in rising steel imports for making the domestic industry competitive.
Feb 26, 2015, 18:55 PM IST
Gold imports set to rise as RBI eases curbs ahead of budget
Gold imports to top consumer India are set to jump in coming months after the Reserve Bank of India (RBI) eased gold import curbs, ahead of an expected cut in import duty in next week`s budget.
Feb 19, 2015, 17:07 PM IST
Gold imports surge 8.13% to $1.55 bn in January
Gold imports surged by 8.13 percent year-on-year to USD 1.55 billion in January on easing of restrictions by the Reserve Bank.
Feb 13, 2015, 21:28 PM IST
India appeals to DSB over import of US agricultural products
India has appealed to the Dispute Settlement Board of World Trade Organisation for a panel decision on its issues with the US over agricultural imports.
Jan 27, 2015, 05:57 AM IST
Coal imports surge 19% to to 210.55 MT in 2014
India's coal imports surged 19 percent last year to 210.55 million tonnes (MT) on demand from power sector, but the ongoing coal industry strike is unlikely to cause a further spurt, according to online marketplace mjunction.
Jan 07, 2015, 20:54 PM IST
Gold imports surge over 6-fold to $5.61 bn in November
Gold imports surged by over six-fold to USD 5.61 billion (over Rs 35,000 crore) in November primarily due to a spike in demand during the marriage and festival season, raising fresh concerns of widening current account deficit.
Dec 15, 2014, 20:49 PM IST
Current account deficit widens to $10.1 billion in Q2
With exports contracting and trade deficit widening to USD 13.35 billion in October, India's current account deficit (CAD) rose to USD 10.1 billion or 2.1 percent of the GDD in the July-September quarter.
Dec 08, 2014, 18:23 PM IST
Tata Steel is buying iron ore for 1st time in its history
Facing iron ore crunch for the first time in its over 100 years of history, Tata Steel is now operating its 9.7 million tonnes per annum facility in Jamshedpur with raw material bought from domestic sources besides imports.
Dec 07, 2014, 14:43 PM IST
Gold imports surge by 280% to $4.17 billion in October
Gold imports surged by nearly four-fold to USD 4.17 billion in October to meet the festival season demand.
Nov 17, 2014, 17:54 PM IST
FinMin holds review meeting, may tighten gold import norms
Worried over surge in gold imports, the government is contemplating to put curbs on inward shipments of the precious metal by big private agencies.
Nov 13, 2014, 20:05 PM IST
India October gold imports surge to about 150 tonnes: Report
India`s gold imports surged to about 150 tonnes in October, Bloomberg said in a tweet, a volume that could pressure the government to tighten curbs on shipments of the metal.
Nov 13, 2014, 14:50 PM IST
Re-launch of gold deposit scheme can cut imports by 250 tons
The country's gold imports could come down by 250 tonnes a year if the government re-launches a gold deposit scheme and mobilises at least one per cent of estimated 25,000 tonnes of idle gold stock lying with Indians, according to the gold and silver refiner MMTC Pamp.
Nov 04, 2014, 18:11 PM IST
FTAs not hurting domestic manufacturing: Commerce Ministry
Brushing aside concerns of Indian industry over free trade agreements (FTAs), senior commerce ministry officials Monday said it has not led to any spurt in imports or export of raw materials.
Oct 20, 2014, 18:43 PM IST
Govt mulls curb on gold imports post Diwali
The government is mulling over reimposing some restrictions on gold imports after Diwali as higher inward shipments of the metal in the last few months have pushed up the trade deficit, a government official said.
Oct 20, 2014, 18:25 PM IST
Finance ministry wants to reimpose curbs on gold imports: Report
Finance Ministry has written to the RBI to consider reimposing some restrictions on gold imports after inbound shipments surged in the last few months.
Oct 20, 2014, 11:52 AM IST
Gold imports zoom five-fold to $3.75 bn in September
Gold imports surged five-fold to USD 3.75 billion in September on account of the ongoing festive season.
Oct 14, 2014, 22:30 PM IST
India may impose safeguard tax to check Chinese imports: DIPP
India Monday said it could consider imposing "some kind of safeguard duties' on Chinese imports to bridge the huge trade gap as it cannot be sustained in the long run.
Oct 13, 2014, 22:27 PM IST
