India may need to allow a gradual weakening of the rupee along with tighter curbs on imports and overseas money outflows to manage rising pressure on the economy, economists from ICICI Bank and Kotak Mahindra Bank said. Speaking to CNBC-TV18, Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank said, “Rupee should be allowed to weaken,...Read More

Buyers at the coloured gemstone exhibition in Jaipur Jaipur: With exports to Dubai and the US facing strong headwinds, and the sector finding itself at the crossroads after gold import restrictions and high prices, the colour gemstones industry is looking for opportunities in lightweight jewellery and domestic demand.Amid the broader challenges facing the sector, representatives...Read More

Govt relaxes quality control on compressor imports for AC & refrigeration till March 2027. Fixed quantity based on 2024-25 import levels. New Delhi, May 18 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) has allowed manufacturers of air-conditioning and refrigeration equipment to import specified quantities of certain compressors without complying with the...Read More

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Russia exported agricultural products worth US$1.4 million to Malaysia in January-April 2026, up 1.6-fold year-on-year, while in physical terms, supplies grew 37% to over 1,400 tonnes, Russia’s Agroexport Federal Center has stated, following a meeting between its CEO, Ilya Ilyushin, and Malaysian agricultural officials. The meeting took place on the sidelines of the Russia-Islamic World...Read More

India’s tighter rules on silver imports, including mandatory government approval for 99.9% purity bars, have changed domestic market dynamics. The policy shift comes amid weak global silver prices, pressure from a stronger US dollar and rising Treasury yields. The restrictions could impact silver ETFs, bullion traders and industrial users linked to electronics, AI and data...Read More

Since your company is a trading house, I would first like to focus on the export side. Japanese food exports are expanding, and trading companies play an important role in that growth. Looking ahead, Japanese food exports seem likely to change significantly. They have been steadily increasing and continue to be renewed and updated. What...Read More

By Ramesh Lamsal, Kathmandu, May 17: The government has introduced a strategy to end grants for LP gas by the fiscal year, 2092/93 and provide subsidy in electric stoves.      In view of mounting cost for LP gas import, the government made public the Energy Consumption Growth and Export Strategy, 2083. The strategy made...Read More

The ban on sugar exports till September is meant to steady the closing stock at the end of this year’s season. Production has been less than anticipated due to low yield and abnormal weather, and season-end stock projection appears precarious. Sugar output has recovered from last year’s decline. But the recovery was overestimated. Closing sugar...Read More

The government’s move to restrict silver imports is expected to trigger short-term supply concerns, as industry participants anticipate domestic prices could trade at a premium when markets reopen on Monday. Chirag Thakkar, director at Amrapali Gujarat, said if international silver prices remain at Friday’s closing levels, “the Indian spot price may trade at a premium...Read More