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Defence ministry restricts import of 351 more items for ‘Make in India’ push

The list of 351 items that face import curbs from December 2022 is the third such list issued by the defence ministry in 16 months as part of efforts to make India a hub for developing and manufacturing military hardware.
Defence minister Rajnath Singh tweeted that a positive indigenisation list of sub-systems & components has been notified by the Department of Defence Production as part of the MoD’s efforts to achieve self-reliance in defence manufacturing. (ANI)
Defence minister Rajnath Singh tweeted that a positive indigenisation list of sub-systems & components has been notified by the Department of Defence Production as part of the MoD’s efforts to achieve self-reliance in defence manufacturing. (ANI)
Published on Dec 29, 2021 08:00 PM IST
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Exports jump 69.35% to USD 32.27 billion in May; trade deficit at USD 6.28 bn

Exports in May last year stood at USD 19 billion, and in May 2019 it was at USD 29.85 billion, the data showed.
Exports during April-May this year jumped to USD 62.89 billion, as against USD 29.41 billion in the same period last year.
Exports during April-May this year jumped to USD 62.89 billion, as against USD 29.41 billion in the same period last year.
Published on Jun 15, 2021 07:37 PM IST
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PTI | , New Delhi

GST Council to weigh states’ fiscal woes

  • The states are demanding the extension of the GST compensation period beyond June 2022 and compensation of the GST shortfall of states through a central grant instead of debt financing.
States fear they are inching closer to a fiscal cliff with the expiry of the five-year GST compensation period.(HT Photo)
States fear they are inching closer to a fiscal cliff with the expiry of the five-year GST compensation period.(HT Photo)
Published on May 28, 2021 06:48 AM IST
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ByGireesh Chandra Prasad, Hindustan Times, New Delhi

India's exports up 6.16 pc in January

Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion.
India sent $755 million more in exports to the US during the first half of this year as a result of the trade war waged by President Donald Trump against China, according to the trade arm of the UN.(Bloomberg)
India sent $755 million more in exports to the US during the first half of this year as a result of the trade war waged by President Donald Trump against China, according to the trade arm of the UN.(Bloomberg)
Published on Feb 16, 2021 09:06 AM IST
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ANI | , New Delhi

Exports show signs of revival, 16.22 pc rise during Jan 1-7: Official

The improvement was mainly due to the increase in shipments of certain sectors such as gems and jewellery, engineering and chemicals.
The rate of contraction in the outbound shipments was 8.74 per cent in November 2020.(Mint file photo)
The rate of contraction in the outbound shipments was 8.74 per cent in November 2020.(Mint file photo)
Published on Jan 10, 2021 04:14 PM IST
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PTI | , New Delhi
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Tuesday, May 17, 2022