Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
17 Jun, 2026, 10.44 AM IST
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
16 Jun, 2026, 05.55 PM IST
India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
16 Jun, 2026, 04.15 PM IST
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
16 Jun, 2026, 12.17 AM IST
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
14 Jun, 2026, 03.46 PM IST
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
13 Jun, 2026, 12.23 AM IST
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
12 Jun, 2026, 06.43 AM IST
India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
12 Jun, 2026, 01.58 AM IST
US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
11 Jun, 2026, 06.27 AM IST
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
10 Jun, 2026, 10.22 AM IST
Duty relief may be extended for petrochemical inputs for pharmaRavi Teja, deputy director at the Department of Commerce, told reporters in Hyderabad on Tuesday that a review is underway for a possible e...
10 Jun, 2026, 12.41 AM IST
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
09 Jun, 2026, 09.40 AM IST
PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...
03 Jun, 2026, 06.00 AM IST
US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...
03 Jun, 2026, 12.21 AM IST
US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
02 Jun, 2026, 07.28 PM IST
Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...
02 Jun, 2026, 10.29 AM IST
Trump temporarily slashes tariffs on farm, industrial equipment from 25% to 15%America's President Donald Trump has reduced tariffs on farm and industrial equipment. Duties on machinery like harvesters and bulldozers w...
02 Jun, 2026, 06.56 AM IST