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GST collections remain strong, but faster import growth needs watching: Tax expertsIndia's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in ta...- India imports 50% of gas needs, targets 10X CBG output: Hardeep Singh PuriIndia's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy de...
- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
- 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...
- Govt extends import price curbs on two pharma raw materialsThe Directorate General of Foreign Trade has announced an extension of the minimum import price validity period. This extension will apply ...
- India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
- From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effectThe United States of America has banned nearly $1 billion worth of Canadian imports, which includes alcoholic beverages, dairy products and...
- Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...
- US bans select Canadian products: Full list of alcohol, dairy, and motorcycle imports affectedNew US import restrictions on Canadian goods came into effect on September 29. The measures target selected alcoholic beverages, whey and o...
- US import ban on Canadian alcohol, other products comes into effectA new US import ban on various Canadian products including alcohol has recently taken effect. This ban follows months of escalating trade t...
- Nicking the gravitas off important peopleThe piece humorously argues that nicknames could make powerful people feel less intimidating and more human. Calling CEOs, presidents and o...
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
- Ministry of Finance announces revised anti-dumping duty on imports from Bangladesh and NepalThe Ministry of Finance on Friday revised its anti-dumping duty on imports from Bangladesh and Nepal. The ministry has prescribed zero duty...
- India seeks 2027 LPG imports from US via term tender, document showsIn a strategic move, Indian state-owned companies are set to import 2.75 million metric tons of liquefied petroleum gas, planning to acquir...
- India remains net importer of finished steel in Apr-Aug; buys commodity worth Rs 36k croreIndia imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in f...
- India weighs mandatory blending of imported coal at power plants, sources sayIndia is considering asking thermal power plants to blend up to 5% imported coal with domestic coal to ease a supply crunch that has pushed...
- Sugar imports likely for second yearThe world's second-largest sugar producer had remained structurally surplus for nearly a decade but was forced to import sugar in the 2025-...
- Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
- Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
- India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
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