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IMPORTERS
Port of LA hits three-month record as Cargo peak stretches onThe Port of Los Angeles experienced its busiest three-month period on record, driven by an extended peak season. Importers are navigating g...- Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealersSmuggled gold is distorting India's bullion market, impacting legitimate dealers and jewelers. Higher import duties have made the grey mark...
- US bans Canadian dairy, motorcycles and alcohol imports as trade war deepensThe United States is banning Canadian dairy products and motorcycles. This action escalates the ongoing trade war between the two nations. ...
- Sugar imports lose appeal as domestic prices plunge below import parityA sharp fall in domestic sugar prices has made imports costlier than local supplies, complicating the Centre’s plan to bring in 1 million t...
- India needs energy innovation to reduce 88% oil import dependence: ONGC chiefTo ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the si...
- UK bans all imports from Israeli settlements in West Bank, cites 'settler terrorists;' France, Canada to followThe United Kingdom government is banning trade with Israeli settlements in the occupied West Bank. Foreign Secretary Ed Miliband announced ...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
- PM Modi's call to cut gold purchases & 15% tax change India's import numbersModi’s renewed call to curb gold purchases comes as the government seeks to reduce India’s gold import bill and put some of the estimated 3...
- CBIC releases import clearance checklist for cosmetics, drugs, and medical devicesThe CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- Govt mandates manual verification of imported drugs and medical devices due to SWIFT 2.0 system gapCustoms officers must now manually check import documents for healthcare products. This manual verification applies even to facilitated imp...
- CBIC eases documentation norms under Eligible Manufacturer Importer schemeThe CBIC has simplified enrolment under the Eligible Manufacturer Importer scheme, cutting required documents from 10 to three. From Septem...
- Quote of the day by Samuel L Jackson: "The most important life lesson I learnt is that nothing is..." - A powerful reminder about life by Pulp Fiction actorSamuel L Jackson’s simple words about life carry a strong message about success, effort and taking responsibility for your own journey. In ...
- India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
- 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...
- 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...
- 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...
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