Search: For - imports

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Explained: India’s arms imports from Russia
May 17, 2022

Explained: India’s arms imports from Russia

The dependence on Russian exports will most likely disappear if current TIV trends continue.

India’s Coal Supply Security: Pushing Imports at the Expense of Domestic Reforms?
May 11, 2023

India’s Coal Supply Security: Pushing Imports at the Expense of Domestic Reforms?

Coal India Ltd. (CIL) has not been able to supply the committed quantity of coal to the powerproducers, forcing them to source coal from other countries. Apart from this, many coal blockswhich should have been in operation by now are yet to come on-stream.

India’s oil imports: Trends in diversification
Apr 02, 2022

India’s oil imports: Trends in diversification

India needs to carefully devise strategies to diversify its oil import sources.

Understanding the US-India contention over ICT imports duty & concerns over China’s increasing market share
Dec 13, 2019

Understanding the US-India contention over ICT imports duty & concerns over China’s increasing market share

With its emphasis on decreasing India’s ICT import duties across the board, the US is in a way batting with China against India, not realising that

US Secondary Sanctions and Petroleum Imports: Safeguarding India’s Energy Security
Apr 06, 2022

US Secondary Sanctions and Petroleum Imports: Safeguarding India’s Energy Security

The drastic and sudden drop in Venezuelan and Iranian oil exports to India in 2019-2020, due to the looming threat of US secondary sanctions, is the latest supply chain disruption to India’s energy security. To avoid similar disruptions in the future, India must act decisively to increase its Strategic Petroleum Reserves to meet at least 90 days of emergency oil stocks, and combine lobbying efforts between India’s private and public oil compa

A growth agenda for India- Australia economic ties
Jun 03, 2024

A growth agenda for India- Australia economic ties

Recent steps forward on the trade front have also cleared the way for greater ambition in the partnership

As India and China Compete, Smaller States Are Cashing In
Jan 25, 2022

As India and China Compete, Smaller States Are Cashing In

The Maldives and Sri Lanka show how they can bargain with bigger powers to their advantage.

Beyond JCPOA — Economics
Jul 21, 2018

Beyond JCPOA — Economics

With the imposition of sanctions on Iran, India is left with two options: either find other avenues of oil imports or risk facing the US sanctions.

BIMSTEC imperatives: Food security and energising trade
Jun 07, 2023

BIMSTEC imperatives: Food security and energising trade

India can advance solutions and drive international consensus on critical issues related to priority sectors such as food and energy in the Bay of Ben

Certainty of Uncertainty in Oil Prices: India’s Challenges
Mar 25, 2022

Certainty of Uncertainty in Oil Prices: India’s Challenges

The western sanctions imposed on Russia has affected the oil imports made by India and has therefore adversely impacted the economy.

China's protectionist tendencies will continue
Mar 22, 2017

China's protectionist tendencies will continue

Trade and investment promotion policy of China was largely driven by mercantilism — promoting exports more than imports by adopting protectionist po

COVID-19: India could play a crucial role in combating West Asia’s brewing food security crisis
May 22, 2020

COVID-19: India could play a crucial role in combating West Asia’s brewing food security crisis

India stands a good chance to benefit from the shift in global trade triggered by the pandemic, and could fill in the vacuum by supplying West Asian c

Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe
May 31, 2023

Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe

This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt

Decoding Rural Revitalisation, Xi Jinping’s New Priority
Aug 16, 2023

Decoding Rural Revitalisation, Xi Jinping’s New Priority

As the world grapples with uncertainty in the post-COVID-19 era, China appears to be focusing on bolstering its rural economy. China claims to have brought nearly 100 million people out of poverty since 2012, but the regime feels that unbalanced development can jeopardise the gains of poverty alleviation. The widening economic gap could also foment unrest in the rural areas. Additionally, the government believes that the reliance on grain

Did India need to stop buying oil from Iran?
Feb 27, 2023

Did India need to stop buying oil from Iran?

Reflecting the current geopolitical realities, India’s position on Iran’s oil import vastly differs from its position on Russia

Economy at a critical juncture
Jan 10, 2013

Economy at a critical juncture

The main culprit for the sharp rise in the current account deficit is the increase in gold imports and the hefty payment for oil imports. People are buying gold because they are apprehensive about the outlook on inflation. They think of gold as a reliable asset whose value has appreciated the most in the past few years.

Energy in China-US trade negotiations
Jun 19, 2019

Energy in China-US trade negotiations

Since the trade war began, a sharp decline has been seen in China’s LNG imports from the US.

Energy News Monitor | Volume XIV; Issue 42
Mar 31, 2018

Energy News Monitor | Volume XIV; Issue 42

The week's news, trends and analyses from India's energy sector.

Fall in crude oil prices: How long will the boon last for Modi?
Jan 21, 2015

Fall in crude oil prices: How long will the boon last for Modi?

Oil is critical to India as it imports almost two thirds of its need, constituting 37% of its total imports. A $1 drop in oil prices could approximately save 40 billion rupees. The drop in oil prices currently looks like a blessing for India, but there could be some downslides too in the long run.

Fear of Persia: Saudis call for a Gulf Arab Union
May 16, 2012

Fear of Persia: Saudis call for a Gulf Arab Union

As Delhi focuses on managing Washington's pressure to reduce oil imports from Iran and avoid the imposition of unilateral U.S. economic sanctions on India, it could easily miss the unfolding power play in the Gulf between Tehran and Riyadh.

Gold, diamonds & large corporations; India's biggest tax beneficiaries
Jun 28, 2013

Gold, diamonds & large corporations; India's biggest tax beneficiaries

In the current and preceding years, the government has been trying everything to limit gold imports to control the current account deficit. Yet this commodity has one of the largest share in terms of exemption given. In 2012-13, the estimated amount of custom duty foregone for diamond and gold would be Rs 61,035 crore or 20.5% of the total revenue foregone.

Growth in coal production in India: Inching towards peak coal?
Mar 30, 2024

Growth in coal production in India: Inching towards peak coal?

The global shift in coal consumption towards Asia, led by China and India, signifies a looming peak in coal demand by the early 2030s.

India's balancing act: Navigating the global energy markets
May 16, 2024

India's balancing act: Navigating the global energy markets

India's pragmatic approach to resilience and adaptability in the face of geopolitical upheavals positions it as a key player in shaping the future of

India-ASEAN FTA Rules of Origin reforms: Abating outside influx and consolidating supply chains
Feb 29, 2024

India-ASEAN FTA Rules of Origin reforms: Abating outside influx and consolidating supply chains

As India’s competitive efforts to augment itself as a global manufacturing hub expand, AITGA’s future success is critical to addressing its unfavo

India-China economic ties: Impact of Galwan
Feb 04, 2021

India-China economic ties: Impact of Galwan

The current trade scenario suggests that the nationalistic notions of bringing China to its knees — by boycotting Chinese goods — has been a flop.

India-Russia oil trade and investments—an evolving facet of the historic bilateral
Sep 11, 2023

India-Russia oil trade and investments—an evolving facet of the historic bilateral

The policy-oriented approach that the partners have adhered to in furthering their cooperation in the energy sector is a testament to the strength and

India-Russia trade settlement: A way forward
Aug 08, 2022

India-Russia trade settlement: A way forward

The new arrangement, if adopted, could potentially shield bilateral trade from the restrictions imposed against Russian companies.

India’s current account: Navigating the road to a possible surplus
Oct 10, 2023

India’s current account: Navigating the road to a possible surplus

The fall in prices and the strengthening of international financial linkages will allow India to attain a current account surplus

India’s Defence Industry: Achievements and Challenges
May 06, 2024

India’s Defence Industry: Achievements and Challenges

Prime Minister Narendra Modi's government has launched many reforms under the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives to strengthen India’s moribund defence industry. These reforms have led to some visible improvements, as evidenced by increased defence production and exports, and a large bank of in-principle government approvals for future domestic production. However, several challenges persist that require urgent attenti

India’s Moment in the Geopolitics of Oil
Apr 04, 2023

India’s Moment in the Geopolitics of Oil

Global energy markets have battled continuous uncertainty over the past three years, disrupted first by the Covid-19 pandemic in 2020 and 2021, and by Russia’s invasion of Ukraine in 2022. India has been adept at navigating both these disruptions, using economic diplomacy to position itself favourably in the geopolitics of oil. New Delhi’s delicate balancing of its political relationship with both Washington DC and Moscow has been accompanied

Iran turns the bend?
Apr 28, 2014

Iran turns the bend?

This year, India's and China's crude oil imports from Iran has risen sharply - up by 43% year-on-year basis and 36% year-on-year basis respectively, according to a Reuters report. World's oil giant companies have also shown interest to return to Iran. Do these indicate that Iran has turned the bend and worst phase of sanctions is over?

Is China practising new form of imperialism in Africa?
Feb 10, 2015

Is China practising new form of imperialism in Africa?

Many see China to be practicing a new form of imperialism in Africa as it imports primary goods from Africa and exports manufacturing goods to Africa, without transferring skills to the continent. And China-Africa ties are not free from challenges. There is also immense potential.

Lessons from transboundary waste trade: Why India should focus on the judicious use of its own waste
Aug 23, 2018

Lessons from transboundary waste trade: Why India should focus on the judicious use of its own waste

This paper examines two types of waste on which India can explore transboundary waste-trade opportunities and challenges: farm-produce waste and municipal solid waste. Using lessons learnt from trade between other countries, the paper argues that while India can augment its economy through increased waste exports or imports, certain conditions must be met for India to benefit from sustained international waste trade practices. The paper recommend

Liquefied petroleum gas: Supply challenges in India
Nov 24, 2023

Liquefied petroleum gas: Supply challenges in India

Growth in demand for LPG is slowing down and supply challenges could add to the pressure on demand for LPG in India.

Maldives' import-reliant economic landscape
Feb 29, 2024

Maldives' import-reliant economic landscape

As Maldives faces a complex economic landscape driven by import dependencies and fiscal policy challenges, strategic policymaking is imperative

Market invasion: Farmers fear farm products influx from RCEP countries
Nov 06, 2019

Market invasion: Farmers fear farm products influx from RCEP countries

At this juncture of weak economic performance, India has done well not to sign the treaty. It can still join if its main complaint about rapid tariff reduction by 80 to 90 per cent on imports from China is resolved. Also, its concerns about services have to be dealt with, especially regarding the movement of service workers within the region. India could not at this point have opened its huge market to ASEAN and China unconditionally.

Nepal’s economic crisis: Is Nepal the next Sri Lanka?
May 02, 2022

Nepal’s economic crisis: Is Nepal the next Sri Lanka?

With depleted forex reserves, rising imports, and soaring balance of payments imbalances, many fear that Nepal is heading towards a full-blown economi

Pakistan’s impulsive alliance: The Saudi angle
Jun 22, 2023

Pakistan’s impulsive alliance: The Saudi angle

Saudi Arabia has been seemingly distancing itself from Pakistan, as there have been various instances of it forging strategic business ties with India

Policy Recommendations for Achieving India’s Defence-Export Ambitions
Nov 23, 2023

Policy Recommendations for Achieving India’s Defence-Export Ambitions

This brief assesses the recent trends in India’s defence exports and analyses the institutional and policy frameworks that have enabled a change in the country’s approach towards defence exports, resulting in an upward trajectory. It offers specific policy recommendations to allow India to pursue its target of US$5 billion in defence export revenue. However, a discussion on the types and forms of weapons, platforms, systems, or sub-systems ex

Puzzling new GDP data and growing inequality
Feb 11, 2015

Puzzling new GDP data and growing inequality

India's new GDP data speaks of robust growth (6.9%) rather than of policy paralysis and industrial decline in 2013-14. But even Chief Economic Advisor Arvind Subramanian is not convinced by the new data. Because, other indicators do not seem to corroborate the high rate of growth, especially when imports actually declined last year.