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Export & Import Blog

05
Apr

India resumes Iranian oil imports after 7-year pause amid Middle East tensions

This is the first public announcement by the South Asian nation since 2019, when it stopped importing oil from Iran after US waivers on the purchase of sanctioned Iranian oil...
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05
Apr

India’s Basmati Rice Exports Hit By Strait Of Hormuz Standoff Amid US-Israel-Iran Conflict

An inside view of a rice mill in Haryana (ETV Bharat) Karnal: The ongoing blockade of the Strait of Hormuz, a vital shipping route, caused by the conflict between the...
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05
Apr

Private medical colleges seek tax relief, equipment import flexibility to lower healthcare costs

Bangladesh Private Medical College Association (BPMCA) have called upon the government to abolish the existing income tax imposed on their institutions and give permission to import used medical equipment to...
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05
Apr

West Asia conflict hits Punjab basmati traders, exports to Gulf fall 50%

The basmati exports to West Asia have fallen by nearly 50% due to the ongoing conflict, exporters said on Saturday. India exports around 5 lakh tonnes of basmati to the...
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05
Apr

Gold, silver jewellery imports now under ‘Restricted’ category in India – here’s all you need to know

India has abruptly ended the free import of gold, silver, and platinum jewellery, moving it to a restricted category requiring prior government permission. This move aims to close loopholes in...
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