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ATF EXPORTS DUTY CUT
Industry body ASMA urges government to waive customs duty on primary aluminium, scrapThe Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium an...
India-UK trade pact sparks rush of export orders ahead of July 15 rolloutIndian exporters are experiencing a significant surge in UK orders ahead of the July 15th India-UK CETA implementation. Anticipating tariff...
Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
Free trade agreements to give major boost to toy exports: IndustryIndia's toy exports are poised for a surge following the finalisation of free trade agreements with the UK and the European Union, offering...
Exporters see higher US enquiries but low order conversionsIndian exporters, particularly in the chemicals, textiles, and handicrafts sectors, are experiencing a notable increase in inquiries from U...
India initiates anti-dumping probes against five products from China, other nationsThe five items are moulded soda-lime glass vials; electric tractors in 6x4 and 4x2 axle configuration in any form; cyanuric chloride; polye...
Validity of FY26 gold import quota licences under India-UAE trade pact extended till September 30Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...
SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
World MSME Day: What India’s recent FTAs and trade deals mean for MSMEsWhile FTAs have opened global markets for MSMEs, experts say future deals should be designed more carefully to help small firms compete at ...
Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
India initiates anti-dumping probe against 3 Chinese productsIndia has launched anti-dumping investigations into imports of thermal paper, BOPA film, and certain antioxidants, primarily targeting Chin...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...