Blog Archives

India sets dollar exchange rate at 73.65 rupees for import tax calculation – Reuters India


Reuters India

India sets dollar exchange rate at 73.65 rupees for import tax calculation
Reuters India
NEW DELHI (Reuters) - India has set the dollar exchange rate at 73.65 rupees for import tax calculations effective Sept. 21, compared with 72.55 rupees a fortnight ago, according to a finance ministry statement on Thursday. A cashier checks Indian ...

India urges China to drop rapeseed meal import ban – The Hindu BusinessLine


The Hindu BusinessLine

India urges China to drop rapeseed meal import ban
The Hindu BusinessLine
Soybeans, used to make meal for animal feed, were the United States' biggest agricultural export to China last year worth $12.7 billion. Speakers at the seminar included the managing director of India's state-run National Agricultural Cooperative ...
As US-China trade row grows, India urges China to drop meal import ban: SourcesTimes of India
As US-China trade row grows, India urges China to drop meal ...Livemint

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Oil goes high, government gets richer: Know about the method that makes fuel costlier – Economic Times


Economic Times

Oil goes high, government gets richer: Know about the method that makes fuel costlier
Economic Times
Oil refiners, who make these products in India, are paid what is called a Refinery Gate Price (RGP) based on the Trade Parity Price (TPP) which is a weighted average of the Import Parity Price (IPP) and the Export Parity Price (EPP). IPP is the price ...
While high oil prices roil you, govt, oil companies are getting richerTimes of India

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India in touch with EU over alternative payment mechanism for Iran oil imports – Times of India


Times of India

India in touch with EU over alternative payment mechanism for Iran oil imports
Times of India
NEW DELHI: As the US sanctions on import of Iranian crude oil loom large, India is engaged with the European Union for an alternative channel for making payments to Tehran for buying petroleum products, sources said on Wednesday. They said the EU has ...

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Amid US-China Trade War, India Hoping To Resume Crop Export To China – NDTV


NDTV

Amid US-China Trade War, India Hoping To Resume Crop Export To China
NDTV
A total of 18 Indian oil meal exporters met the representatives of 80 Chinese import houses and discussed the ways to resume the export at a seminar organised by the Embassy of India, China Chamber of Commerce of Foodstuffs, Native Produce and Animal ...

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Amid trade war, India looks to resume oil meal export to China – Business Standard


Business Standard

Amid trade war, India looks to resume oil meal export to China
Business Standard
A total of 18 Indian oil meal exporters met the representatives of 80 Chinese import houses and discussed the ways to resume the export at a seminar organised by the Embassy of India, China Chamber of Commerce of Foodstuffs, Native Produce and Animal ...
Amid trade war, India looks to resume oil meal export to ChinaOutlook India

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Panasonic eyes Rs 100 cr in appliance exports revenue from India biz – Economic Times


Economic Times

Panasonic eyes Rs 100 cr in appliance exports revenue from India biz
Economic Times
"India has been a key export hub for us and regions like SAARC, Hong Kong, Malaysia, US and Thailand are among the largest markets for our appliances exports business. We expect the export revenue to grow about 60 per cent in the next three years...it ...
Panasonic eyes Rs 100 crore in appliance exports revenue from India businessLivemint

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Govt to soon announce import curb on several non-essential items: Official – Economic Times


Economic Times

Govt to soon announce import curb on several non-essential items: Official
Economic Times
NEW DELHI: The government will soon announce import curbs on several non-essential items, a top finance ministry official said Wednesday while terming "the 10 per cent depreciation" in the rupee in the last few weeks as a "temporary phenomenon".
Government to soon announce import curb on several non-essential items: GargMoneycontrol.com
Govt to soon announce import curb on several non-essential items, says economic affairs secretary Subhash Chandra ...Firstpost
Govt to soon announce import curb on several non-essential items: GargOutlook India
Financial Express -Devdiscourse
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Cabinet defers Rs 4500 cr sugar package; proposal may come up next week – Economic Times


BloombergQuint

Cabinet defers Rs 4500 cr sugar package; proposal may come up next week
Economic Times
India's sugar output is set to increase further to 35 million tonnes in the next marketing year from 32 million tonnes in this year. The annual ... First, it doubled the import duty on sugar to 100 per cent and then scrapped the export duty on it. It ...
Sugar Aid: India Plans to More Than Double Sugar Export AidBloombergQuint
India Plans to More Than Double Sugar Export AidUkrAgroConsult

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In the driving seat! Hyundai unseats Ford as India’s top car exporter – Business Standard


Business Standard

In the driving seat! Hyundai unseats Ford as India's top car exporter
Business Standard
American carmaker Ford, which emerged as the biggest exporter from India -- for the first time -- last year, is now second again after its export volume declined by 12.52 per cent to 65,176 units during April-August period. In entire FY18, the company ...

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India – 2018/19 sugar export quota could be raised to 5 mln tonnes – AgraNet


India - 2018/19 sugar export quota could be raised to 5 mln tonnes
AgraNet
India's government is considering a proposal to raise the 2018/19 sugar export quota to 5 mln tonnes from 2 mln in 2017/18. In order to compensate mills for low world market prices Delhi may provide INR45 bln (USD1 = INR72.55) worth of subsidies. Acco.

India to consider sugar export subsidy proposal next week: Food minister – Moneycontrol.com


Moneycontrol.com

India to consider sugar export subsidy proposal next week: Food minister
Moneycontrol.com
India is considering to make it mandatory for mills to export 5 million tonnes of sugar by incentivising overseas sales in the 2018/19 season and increasing the price it pays directly to cane growers to 138 rupees a tonne from 55 rupees this season ...
Sugar Aid: India Plans to More Than Double Sugar Export AidBloombergQuint
Cabinet defers Rs 4500 cr sugar package; proposal may come up next weekEconomic Times
India Plans to More Than Double Sugar Export AidUkrAgroConsult

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India considers raising steel import duty to support rupee – Livemint – Livemint


Livemint

India considers raising steel import duty to support rupee - Livemint
Livemint
The proposal, part of a broader government plan to cut 'non-necessary' imports to stop an outflow of dollars that has sent the rupee to record lows, will be ...
India considers raising import duty on steel to support rupee: DocumentEconomic Times
Rupee low: Government mulling raising import duty on steel to ...Times of India
India weighs hike in import duty on steel and gold to support rupeedomain-B

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Economists split over move to raise duty on non-essential imports – Economic Times


Economic Times

Economists split over move to raise duty on non-essential imports
Economic Times
NEW DELHI: The government's move to raise duty on non-essential imports to curb India's current account deficit (CAD) has split India's economists with some backing the proposal while others see it as a protectionist measure that could impact foreign ...

India Plans to More Than Double Sugar Export Aid – BloombergQuint


BloombergQuint

India Plans to More Than Double Sugar Export Aid
BloombergQuint
India switches between being a sugar importer and exporter, depending on local output. Exports totaled about 400,000 tons during October-August, according to data from the association. The country shipped 46,000 tons in 2016-17 and a record 4.96 ...

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