Page 158 - Import News Today

KATHMANDU, Aug 5: The government has decided to immediately bring one million tons of paddy and 100,000 tons of rice from India.

India Business News: The government is expected to give more time to companies to apply for licences to import laptops and other devices, government sources said. The time

Chopra said there is no plan to import wheat from Russia. India in June imposed a limit on the amount of wheat stocks traders can hold, for the first time in 15 years, to bring down prices

The government decision to curb imports of laptops, tablets and PCs, along with Rs 17,000-crore IT hardware PLI, will create multi-billion dollar local production capacity and import dependency will nosedive in the next 2-3 years, industry players said on Friday.

India has not planned to import wheat from any country under government-to-government scheme, said an official | Latest News India

Indias notification this week requires importers of IT hardware to obtain a permit from the Directorate General of Foreign Trade (DGFT), which promises to issue these expeditiously. Whiffs of protectionist-era India when if you couldnt beat or join them, block them? Not quite.

Import of these items will be allowed only after obtaining a licence.

An association of e-commerce entrepreneurs opposed the governments plan to restrict importers from selling goods at certain prices.

The European Union has removed restrictions that had been in place since the nuclear accident in Fukushima Prefecture caused by an earthquake in 2011.

The import of these electronic goods is allowed when they are an essential part of a capital good, the commerce ministry said in a notification