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Export-Import
India could import around 35-40 lakh bales of cotton during the temporary duty-free window announced by the government, according to Siddhartha Rajagopal, ED, The Cotton Textiles Export Promotion Council (TEXPROCIL), as the textile industry looks to address domestic supply shortages and reduce raw material costs. The government has removed the 11% import duty on cotton...
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India’s seafood exports reached an all-time high of 19.72 lakh metric tonnes worth USD 8.46 billion in 2025-26. Frozen shrimp remained the top export item, while the US and China retained their positions as the largest importers of Indian marine products Published Date – 1 June 2026, 02:53 PM Kochi: India’s seafood...
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Kashmir’s export sector, particularly handicrafts and agricultural products, is expected to benefit from the India-Oman Comprehensive Economic Partnership Agreement (CEPA), which is set to come into force from June 1 and is likely to improve market access, reduce tariff barriers and enhance competitiveness for Indian goods in Oman. Industry stakeholders in Kashmir said the agreement could create...
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Gold steadies near $4,570 as record central bank purchases and a Nepal duty hike offset geopolitical shifts, with $4,500 as key support. Gold held steady near $4,569.90 an ounce on Friday after a 1.57% single-day gain, pushing its year-to-date advance to 5.25%. While the rally has cooled from its earlier pace — the relative strength...
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In a room somewhere in the capital, a group of leaders sat around a large table and sincerely believed they had discovered a fuel they could export to the world. The chairman tapped the table. “Gentlemen,” he said, “for the last few months we have been worried about importing oil, food and minerals. Economists have...
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Image used for representational purposes. File | Photo Credit: ANI The Ministry of Finance has suspended the import duty on cotton from June 1 to October 31, giving the much-sought relief for the textile industry. In a notification issued on May 30, the Ministry said the 11 % duty will not be levied from June...
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Japanese Defense Minister Shinjiro Koizumi (C) with New Zealand Defense Minister the Hon Chris Penk (L) and Australia Deputy Prime Minister and Minister for Defence of the Commonwealth Richard Marles (R) speaks to media during IISS Asia Security Summit in Singapore on May 30, 2026. Photo: VCG The defense ministers of Japan, Australia and New...
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India’s Push for Coal Gasification reduces urea, ammonia, and methanol imports while boosting energy security through domestic production. India’s Push for Coal Gasification Latest News Union Coal and Mines Minister promoted surface coal gasification at a roadshow, stating the technology has the potential to substitute imports worth up to ₹3 lakh crore.  The Union Cabinet...
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( May 31, 2026 / JNS ) Israel’s high-tech industry maintained its status as one of the world’s leading industries in 2025, recording $85 billion in exports, $84 billion in exits and nearly $15 billion in capital raised throughout the year, according to a report the Israel Innovation Authority published on Sunday. The output of...
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