Editorji is a popular short video news and information platform based in India. It was founded in 2018 by Vikram Chandra, one of India’s leading journalists, and has risen to prominence in the digital news space in a relatively short span of time. The platform is primarily designed for mobile devices, with applications available for Android and iOS.

ABOUT US:

about us editorji

Latest Video News: Editorji provides the latest news video headlines, latest videos clip from India and the World. Get all breaking news videos on Entertainment, Business, Coronavirus, Elections, Politics and more.

Latest Video News, Breaking News, Bollywood, Political, Sports, Business News | Editorji

+91 11 4035 6666 / info@editorji.com
3rd floor, Plot B, Khasara no 360, Sultanpur, New Delhi, Delhi 110030
<a title="mail to us" href="mailto:info@editorji.com">Send Feedback</a>
<a title="Contact Us" href="mailto:info@editorji.com">Contact Us</a>

REACH US

Contact for any questions, suggestions, comments, feedback or advertisement on Editorji.com, we are always looking forward to hearing from you.

Contact Us for Feedback, Suggestions and Advertising 

Editorji content is better experienced in our app.

India&rsquo;s trade deficit widened in July to $23.5 billion, driven by a 7.5% surge in imports, and a decline in exports. Government is confident that the country&rsquo;s total exports will surpass last year's figure

India’s Trade Deficit Widened to $23.5 Billion in July: Surge in Imports and Drop in Exports

India&rsquo;s trade deficit widened in July to $23.5 billion, driven by a 7.5% surge in imports, and a decline in exports. Government is confident that the country&rsquo;s total exports will surpass last year's figure

India's trade deficit, or the gap between imports and exports, widened to $23.5 billion in July, compared to $19 billion in the same month last year, according to data released by the Commerce Ministry. The trade deficit also widened on a month-on-month basis, compared to the $20.98 billion recorded in June. India&rsquo;s Imports Surge The trade gap widened largely due to a surge in imports. Last month, India&rsquo;s imports increased by almost 7.45% to $57.48 billion, compared to $53.49 billion in July 2023. India&rsquo;s Exports Decline On the other hand, India&rsquo;s exports in July declined by 1.2% to $33.98 billion, down from $34.39 billion in the same month last year. This also shows a reversal on a month-on-month basis. In June this year, merchandise exports had risen by 2.56% to $35.2 billion, even as the trade deficit widened. Faster Imports Growth During the April-July period of the current fiscal year, India&rsquo;s merchandise exports increased by 4.15% to $144.12 billion. However, import growth has outpaced exports, surging by 7.57% to $229.7 billion. Commerce Secretary&rsquo;s Take Despite the widening trade deficit, the government expects stronger export growth in FY2024. Discussing the trade data with the media, Commerce Secretary Sunil Barthwal expressed confidence that the country&rsquo;s total exports of goods and services will surpass last year's figure.

According to Trade Secretary Sunil Barthwal, the government has rolled back its decision to impose import ban on laptops

India rolls back import restrictions on Laptops

According to Trade Secretary Sunil Barthwal, the government has rolled back its decision to impose import ban as it only wants the importers to be on a close watch

<h2>According to Trade Secretary Sunil Barthwal, the government has rolled back its decision to impose an import ban on laptops</h2>

Laptop Import:&nbsp;Months after announcing import ban on laptops, India has decided to roll back the decision. Trade Secretary Sunil Barthwal in a press conference said that the government will not impose any restrictions.
"India will not impose restrictions on laptop imports," Trade Secretary Sunil Barthwal told a press conference on Friday. "The government only wants importers to be on close watch", he added
<h3>Import Ban</h3>
The government on August 3 imposed &nbsp;import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers and servers. The ban was aimed at ensuring trusted hardware and systems to enter India.&nbsp;
Also Read: <a href="https://www.editorji.com/business-news/india-s-laptop-boom-dell-hp-lenovo-eye-manufacturing-amid-new-import-rules-1693811980800">India's laptop boom: Dell, HP, Lenovo eye manufacturing amid new import rules</a>
But, the government gave an exemption from the import Licencing requirements for the import of one laptop, tablet, all-in-one personal computer, or ultra small form factor computer, including those purchased from e-commerce portals through post or courier. Imports will be subject to payment of duty as applicable.
However, the government had to put the decision on hold as it received opposition from various hardware and software manufacturers like Dell, HP, Apple, Samsung and Lenovo.

An import restriction on cameras, printers and hard-disk is likely to come as the government is looking to push local manufacturing

After laptops, Government likely to ban import of printers and cameras: Report

An import restriction on cameras, printers and hard-disk is likely to come as the government is looking to push local manufacturing

The government is likely to ban the import of cameras, printers and hard-disk, reported The Economic Times. This comes days after the government banned the import of Personal Computers, laptops and tablets.
The Economic Times report quoted sources and said that the local demand for these high-import products is huge and their imports need immediate intervention to push local manufacturing.&nbsp;
Also Read: <a href="https://www.editorji.com/business-news/import-of-laptops-tablets-etc-allowed-senior-official-confirms-no-ban-1691162175561">Import of laptops, tablets, etc. allowed; Senior official confirms no ban</a>
The government in a notification had said that the products under restrictions need license or permission from the government. However, there would be an exemption from the import Licencing requirements for the import of one laptop, tablet, all-in-one personal computer, or ultra small form factor computer, including those purchased from e-commerce portals through post or courier. Imports will be subject to payment of duty as applicable.
Economic Times earlier reported that Manufacturers' Association for Information Technology (MAIT) which includes top laptop, personal computer (PC) and server makers such as Dell, HP, Apple, Lenovo and Asus, sought an extension of at least six months for the implementation of new import restriction rules.&nbsp;
These top giants reportedly met top executives of Ministry of Electronics and Information Technology and said that that companies needed time to set up manufacturing units in India.

import

Categories