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BASIC IMPORT DUTY
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...17 Jun, 2026, 11.57 PM IST- In 1907, a Canton janitor's asthma got so bad he rigged a fan motor, broomstick, and pillowcase into a vacuum: His cousin's husband, W.H. Hoover, bought the patent in 1908Meet James Murray Spangler, the janitor whose battle with asthma sparked an ingenious innovation in 1907: the electric suction sweeper. Cra...17 Jun, 2026, 04.56 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
- Quote of the Day by Galileo Galilei: “The sun, with all those planets revolving around it and dependent on it, can still ripen a bunch of grapes as if it had nothing else in the...” — What life lesson about success and small actions does Galileo’s wisdom reveal?Quote of the Day by Galileo Galilei reveals a timeless success lesson: true greatness is not only about handling massive responsibilities b...13 Jun, 2026, 11.17 AM IST
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...09 Jun, 2026, 11.58 AM IST
- Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposedSouth Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in ...08 Jun, 2026, 01.09 PM IST
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...08 Jun, 2026, 11.38 AM IST
- HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...05 Jun, 2026, 02.28 PM IST
- Feroze Azeez sees better risk-reward in equities than gold despite global uncertaintyHDFC Mutual Fund's new investment limits on gold ETFs and funds are sparking debate on investor behavior and asset allocation. Expert Feroz...05 Jun, 2026, 11.38 AM IST
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...31 May, 2026, 07.05 AM IST
- Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...30 May, 2026, 05.00 PM IST
- New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...30 May, 2026, 08.45 AM IST
- Tesla repositions Model Y in India to take on BMW, Mercedes EVsTesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move ...30 May, 2026, 08.41 AM IST
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...30 May, 2026, 07.48 AM IST
- Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...14 May, 2026, 09.47 PM IST
- Austerity drive: Duty hike pushes up bullion prices by 7%The government late Tuesday increased import duties on gold and silver to 15% from 6% with effect from May 13. The step is aimed at curbing...14 May, 2026, 01.09 AM IST
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...13 May, 2026, 09.19 AM IST
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