Friday, April 26, 2024

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Import

Modi govt planning to slash import duty of electric vehicles to 15% from 100% after Tesla proposal committing manufacturing in India, says report

A Reuters report says that Indian govt will cut import duty of electric cars to 15% if the companies commit to manufacturing in India

Social media users claim Modi govt restricted personal computer imports to benefit JioBook, the fact is it will be worst affected product: Details

Will restriction on import of personal computers benefit Reliance's Jio Book? A fact check

Government of India refutes media reports claiming India planning to import wheat, says the country has sufficient stock

The Department of Food and Public Distribution clarified that there is no plan to import wheat as there is sufficient stock in India.

‘Russian oil cargoes that could not find European buyers are being bought by India’: Report

Lars Barstad, the CEO of a New York-listed tanker company has been quoted by the FT report as saying, "the discounts on the Russian Urals for India was about $25-30 per barrel. Freight rates would add only $3-4 per barrel, making the trade economic for India."

Will reduction in tariff for lentils affect India’s import of masoor dal? Here is what the data suggests

India cut import tariff of Masur dal from Australia and Canada to zero, will not impact Indian farmers.

Growth in imports from China slows down during Modi govt while India’s trade with other countries increase at a much higher rate

The growth rate for India’s trade with China is even less than the growth rate of India’s total international trade, which increased by 50%

Diplomatic row between China and Sri Lanka escalates as Colombo rejects Chinese shipment of contaminated fertilisers

Sri Lanka had recently rejected a batch of fertilisers sent from China saying the shipment was contaminated with microbes

Adani operated ports will not handle container cargo from Iran, Pakistan or Afghanistan from November 15

From November 15, APSEZ will not handle containerized cargo originating from Iran, Pakistan or Afghanistan.

Elon Musk seeks for temporary relief in import tariffs, says Tesla factory in India quite likely

Elon Musk had asked for temporary relief on import duties, stating that they are highest in the world for a big country.

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