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DUTY FREE CRUDE
Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
Textile stocks rally up to 10%: Raymond, Gokaldas Exports, other stocks rebound after Trump tariff-triggered selloffTextile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanct...
India, Canada to hold next round of talks from October 5 for proposed trade pact: Piyush GoyalIndia-Canada CEPA negotiations are being fast-tracked, with the fifth round of talks scheduled to begin on October 5, Commerce Minister Piy...
Why Canada? America's northern neighbor seems an unlikely target for a trade warUnited States President Donald Trump has imposed tariffs on Canadian goods. Canada retaliated with its own tariffs, escalating the trade di...
Nifty 30,000 target still on track; why Elara’s Harendra Kumar prefers IT, power and smallcapsWe are telling people that this is the right time to look at the market constructively. Historical evidence suggests that this is the time ...
India’s farm policy needs a reset amid concerns over ethanol push, subsidies: Agri expert Devinder SharmaSharma warns that ethanol-led changes in cropping patterns may create an environmental problem over the longer term.
Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry ReportIndia's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major...
Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
Expensive living? Inflation hits coriander to cars in IndiaConsumer goods companies are increasing prices and reducing pack sizes. Automobile manufacturers and tyre companies also announced signific...
Gold, silver, platinum duty earns govt Rs 10,463 crore since May 13Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and pl...
India scraps 2023/24 duty-free import quota on sunflower oilThe move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allo...
India to halt duty free soyoil imports from April 1New Delhi in May 2022 allowed duty free imports of 2 million tonnes of soyoil in 2022/23 and had initially planned another 2 million tonnes...
India makes refined palm oil freely importable to bring down consumer prices; industry calls it a death knell for local refinersAccording to the Solvent Extractors Association (SEA), the reduction in import duty on crude palm oil is around $55/60 per tonnes or Rs 460...
Pakistan trade deficit worsens to $15.1 billionPakistan's trade deficit worsened despite steep decline in global crude oil prices and duty-free status of its exports to the European mark...
Govt should tax crude imports instead of raising tariffsThe Centre and states should also move swiftly to the proposed goods and services tax, even if the design is not perfect.
- Sliding prices may prompt govt to impose import duty on edible oils
The edible oil industry, which has been campaigning for the last three months for imposition of import duties on crude edible oils to prote...
- India ready to scrap duty on crude oil import from Brunei
As a concession in the Free Trade Agreement with ASEAN, India is willing to bind zero duty for crude oil imports only from Brunei and not a...