Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
GST e-invoicing may cover services imports from unregistered companiesThe Indian government is set to enhance GST reporting for imported services through e-invoicing. This expansion will affect businesses with...
Working fast will get you promoted? Ankur Warikoo warns of 5 mistakes he made in his first job that he wished some had told him soonerAnkur Warikoo has shared five mistakes he made in his first job, including prioritising speed over reliability, waiting for feedback and as...
India holds soybean cargoes over doubts about Niger origin, sources sayIndian customs authorities have held about 1,500 tonnes of soybean cargoes at JNPT after importers failed to provide documents proving the ...
Govt withdraws key bank tax benefit on gold, silver and platinum importsThe Indian government did not extend a tax benefit for banks on imports of gold and other precious metals and they have been paying a 3% in...
India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
RBI moves to quell forex reporting confusion, says individuals need not report imports, export earningsThe RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regula...
India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
India steel ministry unlikely to seek new curbs on cheap imports, government source saysIndia's steel ministry has decided against new measures to restrict cheap steel imports for now. The country is dealing with increased impo...
US trade deficit widens in August amid strong importsThe US trade deficit increased by 13.7% in August, reaching $105.6 billion. This rise reflects strong domestic demand and increased imports...
Pulses prices surge: Will cheaper imports bring relief to consumers? Stakeholders dividedIndia currently imposes a 10% import duty on red lentils and chickpeas, while yellow peas attract a 30% duty.
- Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources say
Indian customs officials are currently examining a notable uptick in soybean imports, which are purportedly sourced from Niger. Authorities...
India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
GST exemption for banks, nominated agencies for gold, silver imports may be withdrawnThe GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exempti...
India needs competitive capabilities, import diversification: PK MishraP K Mishra emphasized India's approach to economic resilience during the Kautilya Economic Conclave. He noted the importance of maintaining...
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 ...