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INDIA IMPORT
India, Volkswagen clash in court over record $1.2 billion tax disputeIndia defended its record $1.2 billion tax demand against Volkswagen in a Mumbai court on Thursday, saying the German company never provide...
India's deeptech dream remains import dependent for critical componentsThe founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of...
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...
India jewellers hold off gold buying, betting prices will dropIndian jewellers are delaying gold purchases ahead of the festive season, betting that prices will fall further after dropping below $4,000...
India’s steel future depends on breaking its costly coal habitIndia plans to significantly increase its steelmaking capacity to support its development goals by 2047. The National Steel Policy proposes...
India in striking distance of 8% growth as reforms boost economy: Shaktikanta DasDas said the BFSI sector has a crucial role to play in India's journey from a lower-middle-income economy to a high-income economy, through...
Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...
India considers measures to boost local production of 100 critical inputs to cut import reliance, government official saysIndia is taking steps to encourage the local manufacturing of 100 key items that are currently imported. This initiative aims to decrease d...
No pressure from US to cut Russian oil imports, Oil minister Hardeep Singh Puri saysOil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh...
India expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...
India's gold import route changing course for a benefit all jewellers wantIndia is diversifying its gold import sources as expanding domestic refining capacity, tax incentives and the India-UAE trade pact reshape ...
India brings back duties on specified Chinese titanium dioxide importsIndia has reintroduced anti-dumping duties on titanium dioxide imports from China due to material injury caused to domestic producers. This...
India's exports to Germany could cross $50 billion by 2030: ASSOCHAMASSOCHAM said the potential for expanding market access, investment and business partnerships between India and Germany. It said the two co...
Urea imports surge 40% despite push to cut chemical fertilisersTotal urea imports in the April-September period rose to 5.589 million tonnes from 3.979 million tonnes in the first half of last fiscal ye...
India extends duty-free raw sugar import deadline to December 31India has extended the deadline for duty-free imports of 1 million metric tonnes of raw sugar by two months to December 31, giving importer...
Speedy project approvals, assured buyers key to India's 100 MT coal gasification target by 2030India has set a target to gasify 100 million tonnes of coal by 2030 with significant investments. The coal ministry estimates the investmen...
India sets import quotas for New Zealand apples, kiwifruit under FTAIndia will implement a quota system for importing apples, kiwifruit, Manuka honey, and albumins from New Zealand. The quotas will gradually...
Tariff quota notified for New Zealand fruits, honeyKiwifruit imports will qualify for zero customs duty under the tariff rate quota (TRQ), subject to a minimum CIF value of $1.80 per kg whil...
India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...