imports
Shipments of gems and jewellery, engineering goods, petroleum products recorded negative growth, according to the data.
Trade deficit narrows even as exports decline 6 pc to USD 26.13 billion
13 Sep 2019 7:29 PM

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.

Crude oil imports into India consumer declined 1.2 per cent from a year earlier to 19.34 million tonnes, but increased 14.6 per cent from the previous month. (Photo: File | Representional)
India's petrol imports in July hit highest in at least eight years
22 Aug 2019 3:01 PM

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

Increase in gold imports pushed the country's trade deficit marginally to USD 45.96 billion during April-June quarter of 2019-20 as against USD 44.94 billion in the same quarter previous fiscal.
Gold imports up 35.5 per cent during Apr-Jun
12 Aug 2019 8:52 PM

Gold imports increased by 35.5 pc to USD 11.45 billion (about Rs 80,000 crore) during April-June quarter of current fiscal.

The situation is not different for other durables. India’s imports of washing machines and laundry machines are 484 per cent higher than exports. In 2018-19, the country imported Rs 1,670.78 crore worth machines against exports of Rs 286.24 crore. While the imports went up 33 per cent from Rs 1,258 crore in FY18 to Rs 1,670 crore in FY19, exports dipped 10 per cent from Rs 320 crore to Rs 286 crore in one year’s time.
Imports of consumer durables soar in FY19
29 Jul 2019 2:32 AM

FTAs helping imports even as India’s exports come down.

If we can double the oil production and raise gold output to 300 tonnes, the entire current account deficit (CAD) will be wiped out, said Anil Agarwal. (Photo: File)
Privatise mining to cut back USD 400 bn of imports: Vedanta's Anil Agarwal
25 Jun 2019 11:05 AM

Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.

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