Page 2 - Import Bill News Today

India needs to cut its reliance on imported vegetable oils to promote better health outcomes and reduce the import bill, according to a report by the Global Trade Research Initiative (GTRI). India is the worlds largest importer of vegetable oils, with imports estimated to double to USD 20.8 billion in 2023-24. The US and EU currently support agriculture by using the latest technology, high tariffs, and massive subsidies to push exports.

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal...

KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly...

A double tracking which is unfair and illegal on multiple counts, is what the official body to protect Goa’s coasts has concluded; but the people of Goa have been saying this all along

KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to...

KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to...

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Last week, Opec+ countries announced a voluntary oil production cut by 1.16 million barrels per day (bpd). Reduced global oil supplies can impact the economy of India, which is dependent on oil imports for approx. 85% of its energy needs. Mint explains:

Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in...

KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of...