The Telegraph India | Policy bind over crude spiral The Telegraph India The crude oil import bill may increase $25-$50 billion because of the spike in global crude prices in the current fiscal from $72 billion in 2017-18, economic affairs secretary S. C. Garg has said. This could result in the oil import bill touching $130 ... |
The Hindu | What's roiling the rupee The Hindu The main reason why the rupee is always on a sticky wicket is that India runs a persistent Current Account Deficit (CAD). That is, the country's dollar outflows towards import of goods and services (and other short-term payments), usually exceed its ... |
The Wire | With Surging Oil and a Nervous Rupee, Is India's Macro Magic Starting to Fade? The Wire But with Brent crude oil hitting the $80-mark this week, a development that is expected to add another $50 billion to India's import bill, the Modi government needs permanent currency flows to cushion a potentially widening CAD. These currency flows ... How the rise in crude oil price will affect Indian economy |
The New Indian Express | India fights back import tariffs, drags US to WTO The New Indian Express Earlier, the US filed a dispute against India on export incentives at WTO, alleging that these subsidies harm the US players by creating an uneven playing field. It also added India to a list of countries it is monitoring for possible currency ... India drags US to WTO India drags US to WTO over steel, aluminium tariffs India mulls tariff hike on 20 US products |
The Hindu | Big push for defence hardware exports The Hindu ... manufactured in India and made available for exports. Among the items listed for possible export are howitzers, UAVs, fighter aircraft, assault weapons, sniper rifles, grenade launchers and various software systems for the battlefield and light ... |
The Hindu | India drags US to WTO The Hindu India has dragged the U.S. to the World Trade Organisation's (WTO) dispute settlement mechanism over the imposition of import duties on steel and aluminium, an official said. India has stated that the decision will impact exports of these products to ... |
NDTV | As Crude Oil Prices Touch $80, What It Means For Petrol, Diesel Prices In India NDTV As brent crude oil prices hit $80 per barrel for the first time since late 2014 on looming US sanctions on Iran, the impact on India is not far away since it imports nearly 80 percent of its oil consumption from abroad. Other factors that contributed ... Crude tension rises How the rise in crude oil price will affect Indian economy |
BW Businessworld | New-age Gas Infrastructure Will Help India Achieve Its Clean Energy Ambitions BW Businessworld It is imperative for India to rethink its LNG supply chain, with an emphasis on building and operating more small- to mid-scale LNG import terminals and the associated onshore and floating supply chain infrastructure to provide off-grid, energy-hungry ... |
Import of vegetable oils during April 2018 reported at 13,86466 tonne fnbnews.com The Solvent Extractors' Association of India has compiled the import data of vegetable oils (edible and non-edible) for the month of April 2018. The import of vegetable oils during April 2018 was reported at 13,86,466 tonne, compared to 13,39,489 tonne ... |
Tripura signs MoU with Spicejet Merchandise to boost pineapple export India.com Agartala (Tripura) [India], May 19 (ANI): To boost the export of pineapples, state-run Tripura Horticulture Corporation Limited (THCL) signed a memorandum of understanding (MoU) with Spicejet Merchandise Pvt Ltd during a seminar on processing and ... |
Economic Times | South Korean Fresh fruit to debut in India Economic Times Korea's main items of export to India include automobile parts, telecommunication equipment, hot-rolled iron products, petroleum refined products, base lubricating oils, nuclear reactors, mechanical appliances, electrical machinery and parts, and iron ... |
Economic Times | US moves WTO against India's export schemes Economic Times NEW DELHI: Failing to find a mutually agreed solution in the stipulated 30 days to India's export promotion programmes which the US claims have harmed American workers, Washington has escalated the issue at the World Trade Organization (WTO) and ... |
The Telegraph India | Commodities to open up The Telegraph India At present, overseas firms that have no presence in India, but do import or export various commodities, are not allowed to directly participate in the Indian commodity exchanges. Sebi said these entities carry with them underlying price risks because ... |
Daily Pioneer | India's economic prowess and IMF forecast Daily Pioneer China has been extremely aggressive in its economic reforms and started creating export-oriented special economic zones way back in 1978. China had captured about 4 per cent of world trade share till a few years ago. India could hardly manage to get ... |
Economic Times | Crude oil: India's oil import bill to go up by $25-50 bn this fiscal: DEA ... Economic Times India's oil import bill to go up by USD 25-50 billion; in 2017-18 it was USD 72 billion; no downward revision of GDP growth; don't see any impact on oil subsidy ... As Crude Hits $80 a Barrel, Centre's Oil Import Bill May Rise by up to $50 Bn India's oil import bill seen rising by up to $50 bn as crude hits $80 a barrel Rising crude prices may inflate oil import bill by up to $50 billion: Subhash Chandra Garg |
NDTV | Gold Rates Rise Today After Two-Day Sharp Fall: 5 Things to Know NDTV 31,990 per 10 grams at the bullion market in Delhi, news agency Press Trust of India reported. With that, gold prices in the national capital broke a two-day fall. Gold prices had declined by Rs. 670 per 10 grams in the past two sessions. A pick-up in ... |
Business Today | How the rise in crude oil price will affect Indian economy Business Today India, world's third-largest oil producer after US and China, imports about 1,575 million barrels of crude oil on an annualised basis and a dollar increase in oil prices would increase the import bill by roughly $1.6 billion (Rs 10,000 crore) on an ... |
BloombergQuint | Is India Next to Hike After Indonesia Moves to Curb Market Rout? BloombergQuint Both countries run sizable trade deficits, which make them more reliant on foreign flows to help finance import needs. Indonesia posted its biggest trade gap in four years in April, while in India, which is the world's third-largest oil consumer ... |
Arab News | Just 1908 MT of sugar imported by India from Pakistan until May 14 fnbnews.com In April-May 2018, the total export of sugar was 2,40,093 MT. Thus, import from Pakistan was very miniscule as compared to the total production in the country and the exports from India. Further, it was reported that the Government of Pakistan provided ... Money Control: Sugar import from Pakistan miniscule compared to India's total import: Commerce Min Sugar imports from Pakistan miniscule: Commerce ministry |
The Asian Age | Government sets ambitious farm, export, job targets for 2022 The Asian Age Niti Aayog vice-chairman Rajiv Kumar soon after taking charge in September 2017, had said that the entire focus of the government think tank is on finalising the development agenda for New India 2022. And with general elections less than a year away ... |
