Decision on import management system for laptops, tablets to be given post-September after evaluating data: Official

The government will evaluate import data in September to decide on the existing import management system for IT hardware products. The system, implemented in October last year, requires importers to seek authorization from the government to monitor shipments of laptops and tablets. The current authorizations will be valid until September 2024, and further steps will […]

Nepal and India have agreed to strengthen their economic and commercial ties through bilateral initiatives. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu. The agenda included discussions on the construction of new Integrated Check Posts and railway links, as well as the review […]

On India usually being apprehensive of allowing other countries in its government procurement, the official said: “Now, we have good manufacturing base and looking at value addition. We can continue with exemptions for micro, small and medium

In August 2023, the government imposed restrictions on certain IT hardware goods and later after domestic and foreign firms flagged their concerns, in October last year, it tweaked curbs on imports of laptops and computers and allowed importers to bring in shipments of these hardwares from overseas on a mere ‘authorisation’ upon detailing quantity and […]

India should keep Washington informed about import policy measures being considered as it would help make those actions more effective, United States Trade Representative (USTR) Katherine Tai said.

The Indian commerce ministry has scheduled a high-level inter-ministerial meeting on January 17 to address trade challenges arising from ongoing issues in the Red Sea. Officials from external affairs, defence, shipping, finance, and commerce ministries will participate. The Bab-el-Mandeb Strait, a crucial shipping route, has faced heightened tensions due to recent attacks by Yemen-based Houthi […]

India had banned wheat exports in May 2022, non-basmati rice exports from July 2023 and extended curbs on sugar exports beyond October 2023, as part of measures to control rising domestic prices.

The Houthi rebels have claimed responsibility for attacks on merchant ships in the Red Sea. They state these actions are in retaliation for Israel’s military operations in Gaza. The shipping industry faces increased costs due to re-routing vessels around the Cape of Good Hope instead of the Suez Canal. Insurance premiums for ships in the […]

The issue related to India’s import requirements was flagged by US trade representative Katherine Tai during the TPF meeting here. It was co-chaired from the Indian side by commerce and industry minister Piyush Goyal. He informed the US that the measure was taken on the ground of national security concerns.

Currently, China dominates the global concentration of mineral deposits and processing of critical minerals. Implications are, therefore, high for India, especially since it is committed to achieving 50% of cumulative installed power capacity from non-fossil sources by 2030.