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Reliance Halts Russian Oil Imports To Export Refinery Amid EU Sanctions
Reliance Industries Ltd has said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions.
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Indian Firms Get Licenses To Import Rare Earth Magnets From China
Ministry of External Affairs spokesperson Randhir Jaiswal said that some Indian companies have received licenses for importing rare earth magnets from China.
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Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
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Tim Cook to Open First Apple India Stores in Mumbai, Delhi Next Week in Pivot Beyond China
The trip comes seven years after the CEO’s maiden visit in 2016 and coincides with the world’s most valuable company hitting important markers: India sales of iPhones reaching an all-time high and annual iPhone exports from the country reaching billions of dollars.
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Taiwan Signals Chip Firms Will Comply With US Export Rules Targeting Chinese Semiconductor Industry
Taiwan said on Friday that semiconductor companies on the island attach "great importance" to complying with the law, as the government signalled the firms are likely to comply with US export controls that target China's chip industry. The island is home to firms like Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipma...
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Russia Becomes India's Second Biggest Oil Exporter - Report
India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.
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Bulgaria Gas Industry Scrambles After Russia Gas Cut
The halt of Russian gas supplies to Bulgaria last week has left companies big and small scrambling as they fear halts in deliveries and rising prices.
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India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
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Ford's India Exit: How It Affects Existing Customers
While it's not a complete walkout for Ford India as the brand will sell premium imported models and will continue production for exports, customers fear how well aftersales and spare part availability will be taken care of and how bad will be its impact on resale.
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Sputnik V Covid Vaccine Importer Threatens Pakistan If Desired Price Not Fixed Soon
The Russian Sputnik V COVID-19 vaccine exporter on Tuesday threatened Pakistan to "re-export" the 50,000 doses if the company's desired price is not set by the government soon.
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Maruti Suzuki Assembles 50 Units Of The Jimny In India For Export Market: Report
Maruti Suzuki India has reportedly commenced local assembly of the company's smallest 4x4 SUV, the Jimny 3-door. The report suggests that the vehicle is being assembled for the export markets, and the company has so far rolled out about 50 units of the Suzuki Jimny.
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Indian Auto Components Sector Registers Revenue Decline Of 34 Per Cent In H1 2020-21
The overall turnover of the automotive component industry stood at Rs. 1.19 lakh crore for the period April 2020 to September 2020 which is a registering a decline of 34 per cent over the first half of the previous year.
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India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant
The industry is now targeting to reduce its dependency on imports by almost half and increase exports levels in a bid to strengthen its position in the global picture.
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Auto Component Sector Records A Revenue Decline Of 11.7 Per Cent in FY2020
The auto component industry has recorded a revenue decline of 11.7 per cent at Rs. 3.49 lakh crore in the last financial year.
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Amazon Says Exports From India-Based Sellers Cross $2 Billion
Amazon.com's total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday.
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Reliance Halts Russian Oil Imports To Export Refinery Amid EU Sanctions
Reliance Industries Ltd has said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions.
-
Indian Firms Get Licenses To Import Rare Earth Magnets From China
Ministry of External Affairs spokesperson Randhir Jaiswal said that some Indian companies have received licenses for importing rare earth magnets from China.
-
Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
-
Tim Cook to Open First Apple India Stores in Mumbai, Delhi Next Week in Pivot Beyond China
The trip comes seven years after the CEO’s maiden visit in 2016 and coincides with the world’s most valuable company hitting important markers: India sales of iPhones reaching an all-time high and annual iPhone exports from the country reaching billions of dollars.
-
Taiwan Signals Chip Firms Will Comply With US Export Rules Targeting Chinese Semiconductor Industry
Taiwan said on Friday that semiconductor companies on the island attach "great importance" to complying with the law, as the government signalled the firms are likely to comply with US export controls that target China's chip industry. The island is home to firms like Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipma...
-
Russia Becomes India's Second Biggest Oil Exporter - Report
India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand.
-
Bulgaria Gas Industry Scrambles After Russia Gas Cut
The halt of Russian gas supplies to Bulgaria last week has left companies big and small scrambling as they fear halts in deliveries and rising prices.
-
India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
-
Ford's India Exit: How It Affects Existing Customers
While it's not a complete walkout for Ford India as the brand will sell premium imported models and will continue production for exports, customers fear how well aftersales and spare part availability will be taken care of and how bad will be its impact on resale.
-
Sputnik V Covid Vaccine Importer Threatens Pakistan If Desired Price Not Fixed Soon
The Russian Sputnik V COVID-19 vaccine exporter on Tuesday threatened Pakistan to "re-export" the 50,000 doses if the company's desired price is not set by the government soon.
-
Maruti Suzuki Assembles 50 Units Of The Jimny In India For Export Market: Report
Maruti Suzuki India has reportedly commenced local assembly of the company's smallest 4x4 SUV, the Jimny 3-door. The report suggests that the vehicle is being assembled for the export markets, and the company has so far rolled out about 50 units of the Suzuki Jimny.
-
Indian Auto Components Sector Registers Revenue Decline Of 34 Per Cent In H1 2020-21
The overall turnover of the automotive component industry stood at Rs. 1.19 lakh crore for the period April 2020 to September 2020 which is a registering a decline of 34 per cent over the first half of the previous year.
-
India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant
The industry is now targeting to reduce its dependency on imports by almost half and increase exports levels in a bid to strengthen its position in the global picture.
-
Auto Component Sector Records A Revenue Decline Of 11.7 Per Cent in FY2020
The auto component industry has recorded a revenue decline of 11.7 per cent at Rs. 3.49 lakh crore in the last financial year.
-
Amazon Says Exports From India-Based Sellers Cross $2 Billion
Amazon.com's total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday.
