India’s gold rush takes a Dubai detour as UAE shipments soar while rest of world imports fallIndia experienced a sudden spike in its gold import bill in 2026, predominantly fueled by imports from the UAE. This uptick occurred despit...
RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
India's soyoil imports hit record high in August and palm six-month peak, dealers sayIndian refiners sharply increased edible oil imports in August to build stocks ahead of the festive season. Palm oil imports rose 7% to 780...
Government eases import ban on high-tech electronicsElectronic companies can now import select high-value components temporarily. This move follows industry requests for imports until local p...
India seeks applications for remaining raw sugar import quotaIndia has opened up applications for its remaining raw sugar import quota, allowing eligible millers and refiners to apply for this lucrati...
PM Modi urges Indians to avoid buying gold to curb trade deficit and support rupeePrime Minister Modi renewed his appeal for Indians to avoid buying gold unless necessary. This call aims to curb bullion demand and ease ec...
India's construction equipment sector needs to cut its ₹45,000 cr import bill: KumaraswamyIndia's construction equipment sector aims to reduce import reliance. A new government scheme will boost domestic manufacturing of critical...
Unless necessary, do not buy gold, reiterates PM Modi on Instagram; jewellery stocks slidePrime Minister Narendra Modi has again urged Indians to avoid buying gold unless necessary, saying greater focus on local products and self...
Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
Govt likely discussing import duty cut on gold and silver as high tariffs ‘fail’ to curb importsThe government is discussing a possible cut in gold and silver import duties after the higher rates failed to reduce imports and instead co...
Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
Centre allows imported coal in Rs 37,500-crore gasification schemeThe government permits imported coal for gasification projects under a new scheme. This initiative aims to convert coal into valuable chemi...
Taking Stock: Window to process and sell imported sugar extendedThe government has extended the deadline for selling imported sugar domestically. Importers now have two months to sell processed sugar aft...
India eases raw sugar import rules as it cracks down on hoardingThe government has extended the processing window for duty-free raw sugar imports. This move aims to increase domestic sugar availability b...
India's sugar mills, refiners seen importing just half of duty-free quotaIndian sugar mills may import only half the allowed raw sugar quota. Falling domestic prices have reduced the profitability of these planne...