The government is unlikely to hike import duties on edible oils, despite a sharp fall in domestic prices of cooking oils. While the trade body Solvent Extractors Association of India (SEA) has sought higher import tariffs, citing the fall in ...
Indian businesses are paying less for imported energy and other inputs like chemicals while buying more machinery from overseas sources, according to official data. This indicates that the loss of pace of merchandise imports in recent months, and the contraction ...