India-China: China's share in India's imports decreased by 0.90 percent, and mobile phone imports fell by 55 percent


Posted on 8th Jul 2022 02:02 pm by rohit kumar

The share of Chinese goods in the country's total imports has declined by 0.90 percent. Its share was 16.5 percent in 2020-21, which came down to 15.4 percent in 20210--22. The goods that come more from China to India include the telecommunications and energy sectors. Sources said that due to Corona, there was more import of IT products and medical and scientific equipment from China to India. During the same period, exports from India to China have increased marginally to $21.25 billion. It was $21.18 billion a year ago. Whereas imports have increased from $ 65 billion in 2020-21 to $ 94.16 billion in 2021-22.

 

Third largest exporting country after the US, UAE

 

Did you know?Explore Trending and Topic pages for more stories like this.

India's exports to China stood at $21.2 billion in 2021-22. It is the third-largest exporting country after the US and the United Arab Emirates (UAE). Sources said mobile phone imports from China declined by 55 percent to $626 million in 2021-22. In the year before that, it was $1.4 billion.

 

 

HDFC Bank made loans expensive

 

Mumbai- Private sector bank HDFC Bank has made loans expensive. It has increased the MCLR for all periods by 0.20 percent. This will make housing, car, personal and other types of loans expensive. According to the bank website, now the MCLR rate will be between 7.70 to 8.25 percent. Last month, it made loans costlier by 0.35 percent.

 

IL&FS ordered to pay 1,925 crore borrowers

 

New Delhi. The National Company Law Appellate Tribunal (NCLAT) has asked IL&FS to return Rs 1,925 crore to the borrowers. The company has received an amount of Rs 2,407 crore from the Gurgaon Metro project. The three-member bench gave this order on a petition by Union Bank, Canara Bank, and Bank of India.

 

Energy production was up 26.58 percent in June

 

Coal-based power generation grew by 26.58 percent to 9,588 crore units in June. It was 7,574 crore units in the same month a year ago. In June, there was an increase of 17.73 percent in all types of electricity generation. However, there has been a decrease of 2.77 percent in comparison to May.

 

Also Read: Dollar vs Rupee: Rupee falling due to the indifference of foreign funds, reached a record low of 79.11

1 Like 0 Dislike
Previous news Next news
Other news

Delhi CM: Atishi did not sit on Kejriwal's chair, as soon as she took over as Chief Minister, she said - your place is vacant, I will wait

Delhi's new CM Atishi took charge as Chief Minister on Monday. During this, she said that the cha

NPS: Risk will have to be disclosed before investment, and the fund manager will have to give a rating of the scheme

Now another new thing has been added to this scheme for the investors of the National Pension Sys

Noida Worker Protest: Rahul Gandhi Steps Up in Support of Workers, Says—

Congress MP Rahul Gandhi has reacted to the violent protests by workers demanding wage hikes in U

Shubman Gill: Injured or rested? Fans react to Gill's exclusion from the T20 series.

Speculation is rife after Indian T20 team vice-captain Shubman Gill was ruled out of the fourth T

Netflix News: Netflix profile transfer feature is also available in India, know how to use

Netflix Profile Transfer feature: Netflix has recently launched a new feature called 'Profile Tra

Mohammad Yousuf will take over the responsibility of permanent batting coach of the Pakistan team, which will be announced soon

The Pakistan Cricket Board (PCB) is all set to appoint its legendary batsman Mohammad Yousuf as t

Udhayanidhi Stalin: 'Modi to divert attention...': Udhayanidhi Stalin clarifies his statement on Sanatan Dharma, taunts BJP

Controversy is continuously increasing over the alleged controversial statement given by Tamil Na

RSS and BJP are spoiling the atmosphere of the country, Rahul Gandhi's big attack

After the Supreme Court's scathing remarks on Nupur Sharma, Congress leader Rahul Gandhi alleged

US Sanctions on China: America's chip ban on China hit Taiwan hard

Taiwan has been hit hard by the US trade war against China. According to the latest released data

Son of Sardaar 2 New Trailer: 'Sardaar' returns to create a ruckus again; New trailer is full of comedy, drama, and action

Bollywood action hero Ajay Devgan is ready to make a blast once again. The second trailer of 'Son

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash