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IMPORT DEPENDENCY
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...- ‘A spa day won’t save you...’: CA shares what real self-care in finance should look likeChartered accountant Nitin Kaushik redefines self-care. He argues true peace of mind comes from financial independence, not just spa days. ...
- Urea imports may get 50% cheaper before kharif season as China eases suppliesIndia is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spi...
- Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWPA 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. ...
- Importers fret over China's new critical mineral frameworkNew Chinese regulations on mineral resources are causing worry for Indian businesses. Beijing is linking vital mineral supplies to its nati...
- European proverb of the day: 'Man without woman, is head without body; woman without man, is...' Life lessons on marriage, relationships, correlation, mutual interdependence, human nature, and why every person has their own importance and couples complete each otherEuropean proverb of the day highlights the idea of mutual interdependence between men and women. This German proverb uses the image of a he...
- SEZ import relief to fast track chip projectsIndia's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality check...
- Quote of the day by Immanuel Kant: “Have courage to use your own..”Quote of the day: Philosopher Immanuel Kant's timeless words urge us to think for ourselves. In today's world of constant information, this...
- Greek proverb of the day: 'A society without a significant proportion of people with the character of the ant, willing to work for a future goal, will not...' - inspiring life lessons on future planning and why hard work today creates a better tomorrowGreek proverb of the day: A Greek saying highlights that societal survival hinges on individuals willing to work for future goals, akin to ...
- Make in India efforts showing results as import dependence falls in key sectors despite global shocks: Bank of BarodaIndia's manufacturing sector is becoming more self-reliant. Import dependence is falling in electricals, chemicals, and capital goods. This...
- Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...
- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
- Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumesCoal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...
- West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...
- Govt sets up six sector groups to fast-track ‘Make in India 2.0’ pushIn a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked wi...
- Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
- Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import billThe Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunit...
- Coal gasification can help cut dependence on imports: G Kishan ReddyIndia aims to cut reliance on imported chemicals through coal gasification. The government is offering significant financial support and in...
- IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
- Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
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