Festive demand lifts dry fruit, chocolate imports this seasonDuring the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The r...
RBI eases forex rules for services exports and importsThe changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2...
Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supplyGold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import dut...
India has never allowed genetically modified products' import, won't do in future: Piyush GoyalIndia continues to maintain a strict policy against the import of genetically modified products, as stated by Minister Piyush Goyal. He hig...
India’s illegal gold imports surge 1,500% after tax hikeIndia's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the gove...
India eases forex reporting rules for small value service exports, importsThe Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for...
India's top gas importer sets eyes on US LNG under long-term deal with QatarIndia is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war dis...
Why is India's probe of Scotch imports from Britain rattling liquor majors?India's investigation into bulk Scotch whisky imports has triggered the first major trade dispute under the India-UK free trade agreement. ...
- Vizhinjam port receives first import container, marks new milestone
Vizhinjam International Seaport has received its first import container, marking a significant operational milestone. The container was shi...
India extends cotton import duty exemption till December 31The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile i...
Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...
Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
India extends cotton import duty exemption till December 31 to ease textile costsThe Centre has decided to extend the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotto...
Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...
Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
India may import more food, feed and farm commodities as drought hits cropsAmid predictions of drought in India this financial year, food and agricultural imports are anticipated to rise sharply. With serious reduc...
India's soybean imports surge to record as domestic prices rallyIndia's soybean imports significantly increased to 1.1 million metric tons in 2025/26 compared to the previous year. Rising domestic prices...