Exim Engine

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India should look to export 6-7% of the steel produced: Union steel minister

EXIM NEWSNo Comments<p>Union steel minister Chaudhary Birender Singh told that India should prepare to export 6 to 7% of the total steel produced in the …

Oilmeal exports fall by 22% in December

Export NewsNo Comments<p>The export of oil meal from the country has fallen by 22% from 3.01 lakh tonnes in December 2016 to 2.36 lakh tonnes in …

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China makes up 66% of India's bulk drug imports in FY 2017

Import NewsNo Comments<p>From the Rs 18,372.54 crore worth bulk drug import that India imported in 2016-17 from five major exporting nations, China …

Indian exports to China increase by over 53% in October

EXIM NEWSNo Comments<p>India’s shipments to China in October have seen an increment of more than 53% when compared with year-on-year figures and have …

Edible oil imports higher by 6.23% in November

Import NewsNo Comments<p>The Solvent Extractors Association (SEA) told that the cooking oil imports of India in November increased by 6.23% and reached …

Thailand stops Indian shrimp import

Export NewsNo Comments<p>As per the sources, the shrimp export to Thailand has not been happening for last three months. Thailand is not importing …

Centre imposes MIP for pepper imports to aid domestic farmers

Import NewsNo Comments<p>The Government has approved a proposal from the Spice Board to impose a minimum import price (MIP) of Rs.500 per kg on the …

Imported food items will need to have minimum three months to go for expiry

Import NewsNo Comments<p>Food Safety and Standards Authority of India (FSSAI) has proposed that all the imported food items will be required to have a …

Indian jewelry sector asks government to cut down the gold import duty

EXIM NEWSNo Comments<p>The gold demand of India fell by 24% in third quarter of the current fiscal after seeing growth in last nine months.<p>The jewelry …

Silver import increased by 60%

Import NewsNo Comments<p>The Silver imports of the country have increased by nearly 60% in October 2017 when seen by a Y-O-Y (year on year) comparison …

Government declares measures that will boost garment exports

Export NewsNo Comments<p>To boost garment exports, the government communicated the post-GST rates that will be used for taking rebate of state taxes and …

Indian cotton exports to fall as pests attack crop

India’s cotton exports will see a fall of about one fifth from the estimates due to the attack of pink bollworms on the crop.<p>India’s is the world’s …

India hike custom duty on edible oils as domestic prices of Oilseeds fell below MSP

EXIM NEWSNo Comments<p>The center has hiked the import duties on various edible oils from 60% to as high as 100% on some oils like crude palm oil. This …

Exports fall; India’s trade deficit in October

EXIM NEWSNo Comments<p>The commerce ministry released data that shows 1.12% fall in overall exports in October 2017 and that the trade deficit has …

Government hikes the import duty on wheat to 20%

EXIM NEWSNo Comments<p>The government has raised the import duty on wheat to 20% which is the double of the earlier rate. This move has come in to …

Indian engineering exports register growth because of demand rise in U.S.

Export NewsNo Comments<p>The increase in demand from developed countries especially the US is driving the Indian engineering exports. The annual growth …

EU sets deadline of 31 December to conform to the new Basmati import norms

EXIM NEWSNo Comments<p>C R Chaudhary, the Minister of State for Commerce and Industry, told that the European Union has given India 31st December as the …

Rice leads the agri exports of India

India’s agri exports saw a rise of 13% in April-September 2017 period mainly due to increase in rice shipments as the international dealers are …

India's pepper exports to hit a further low this year

Export NewsNo Comments<p>The pepper exports of India may reach the lowest in five years in the present fiscal due to higher prices. The higher rates of …

Government working to create norms for food exports packaging

EXIM NEWSNo Comments<p>The government is currently working to create some new packaging standards for the export of food items. This step is being taken …

India levies anti-dumping duty on some stainless steel imports

EXIM NEWSNo Comments<p>The center has imposed anti-dumping duty on few cold-rolled flat products of stainless steel coming from China, the US, South …

India's oil imports highest in September

Import NewsNo Comments<p>India made a record high import of 4.83 million barrels per day (bpd) of oil in the month of September due to rise in domestic …

Indian seafood export rises 25% in the first quarter

Export NewsNo Comments<p>The seafood exports of India have increased in the first quarter of the financial year 2017 mainly due to a high demand for …

India tightens gold import norms for nominated agencies

Import NewsNo Comments<p>India has made gold import norms more stringent for the authorized agencies as now they can import the precious metal only for …

Stringent quality norms impact Toy import from China

Import NewsNo Comments<p>The toy imports from China have fallen by more than 50% from the time the government has made the quality criterion tougher as …

Palm oil imports increase by 20 percent in September

Import NewsNo Comments<p>The palm oil imports of the country increased by 20.44% in September 2017 and reached 9,31,637 tonnes as per Solvent Extractors …

Gold Import reaches $16.95 billion in First half of FY2017-18

Import NewsNo Comments<p>The gold imports of the country increased more than 200% and reached a value of $16.95 billion during first six months of …

India's coffee exports increase 9.36% in 2016-17 marketing year

Export NewsNo Comments<p>India’s coffee exports rose by 9.36% in the coffee marketing year 2016-2017 that ended in September. India is the third largest …