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1 min read
Urea import dependency in India to fall to 10-15% from 30% in near term: Crisil
India's urea industry, contributing to a significant portion of chemical fertiliser demand, has tak…
ANI
3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
3 mins read
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
2 mins read
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
3 mins read
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
3 mins read
Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment
Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…
3 mins read
Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP
Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…
2 mins read
DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers
The official said that the import restrictions on 'New Pneumatic Tyres' were relaxed for certain gl…
PTI
2 mins read
India's Apr-Jun quarter exports cross $200 bln, government optimistic of reaching $800 bln annual target
India's exports in the first quarter of 2024-25 (April-June) crossed the $200 billion mark and the …
ANI
4 mins read
Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…
PTI
2 mins read
India's oil, gas exploration offers USD 100 billion opportunity: Oil Minister Hardeep Singh Puri
Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's …
PTI
2 mins read
Rohit Sharma emphasizes importance of domestic cricket after series defeat against Sri Lanka
In a strong reaffirmation of the value of domestic cricket, Team India captain Rohit Sharma has und…
ANI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
1 min read
India imposes restrictions on certain studded gold jewellery imports
The central government has imposed restrictions on the import of certain gold-studded jewellery and…
ANI
1 min read
India signs customs mutual recognition agreements with seven nations; Actively pursuing more, says CBIC chief
India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and…
PTI
1 min read
India's exports marginally up at $34.99 bn in April
Trade deficit, or the gap between imports and exports, during the month stood at USD 19.1 billi…
PTI
2 mins read
Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharaman reduces basic customs duty to 15%
Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump …
ANI
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
India's foreign exchange reserves rose by USD 2.6 billion in the week ending May 10: RBI
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently. A…