Import
- Middle East
Saudi Arabia offers new benefits to importers, exporters
Riyadh: The Kingdom of Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) has announced the expansion of its “Authorized Saudi Economic Operator Program” by offering new benefits and incentives for importers and…
- Business
Centre slashes import duty on mobile phone parts to 10%
New Delhi: In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from…
- Business
Top tech firms seek Nov 1 laptop import restriction deadline extended by a year
New Delhi: Top consumer electronics companies like HP, Apple and Dell have urged the government to extend the November 1 deadline for the licences required for PCs, laptops and tablets by at…
- India
Centre restricts import of laptops, PCs & tablets
New Delhi: The Central government on Thursday notified restrictions on import of laptops, tablets, personal computers and servers. A notification issued by Directorate General of Foreign Trade (DGFT) on Thursday said that…
- Middle East
UAE emerges second biggest tea importer from India after CIS block
Kolkata: The United Arab Emirates (UAE) emerged as the second largest importer of tea from India after the Commonwealth of Independent States (CIS) as a block, according to the latest data released…
- News
China keen on importing donkeys, dogs from Pakistan: Officials
Islamabad: China has shown interest in importing donkeys and dogs from Pakistan, officials have told a parliamentary committee as the cash-strapped country is trying to overcome a major economic crisis. During a…
- Business
Exports up 2.14pc to USD 36.27 bn in July; trade deficit at record USD 30 bn
New Delhi: India’s exports rose by 2.14 per cent to USD 36.27 billion in July while the trade deficit almost tripled to USD 30 billion during the month due to over 70…
- World
China to punish outfits promoting Taiwan independence
Beijing: Furious over the US House Speaker Nancy Pelosi’s high-profile visit to Taipei, the first by a top American official in 25 years, China on Wednesday announced punitive measures on outfits seeking…
- World
EU to ban Russian gold imports in new sanctions package
Brussels: The European Commission has adopted a proposal for a seventh package of measures that will ban the importation of Russian gold. The proposal adopted on Friday is part of a new…
- World
India offers additional $500 million after China’s muted response to Sri Lanka’s request
Colombo/New Delhi: “A friend in need is a friend indeed” is the saying as it goes. The dictum is in full play as India has offered Sri Lanka an additional $500 million…
- World
China’s trade war with US resulted in loss of USD 550 billion: Report
Beijing: Amid an economic slowdown, China’s four-year ‘trade war’ with the US has resulted in a total loss of USD 550 billion in import tariffs, the majority of which are aimed at…