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IMPORT DUTIES ON INDIAN GOODS
India will monitor Chinese steel imports before deciding on further curbs, source saysIndia is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a thre...
Chinese tech, investments welcome, but trade opening needs caution: CII PresidentChinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan...
India imposes anti-dumping duty on chemical imported from China, EU, USIndia has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and t...
Exports up 15% despite global headwinds: Commerce and industry minister Piyush GoyalIndia's merchandise exports saw a robust 15% year-on-year growth in April-June, defying global economic headwinds, according to Commerce Mi...
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber itemsIndia has launched an anti-dumping investigation into Resorcinol imports from China and Japan. This action follows a complaint alleging tha...
India-UK social security pact to benefit 90-95% of Indian pros working in BritainA new social security agreement between India and the UK will benefit nearly all Indian professionals working in Britain. This pact, effect...
India-UK pact to unlock huge opportunities for apparel exporters: AEPCA new free trade agreement between India and the UK will open doors for Indian apparel exporters. Starting July 15, duty-free access to the...
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRIIndia's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties o...
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...
India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...
India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free accessIndia and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-fre...
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
'We did it': Modi, Starmer caught on mic hinting at breakthrough in UK-India trade dealPrime Minister Narendra Modi and UK Prime Minister Keir Starmer were overheard at the G7 summit appearing to confirm a breakthrough in impl...
India takes the shine off silver as imports plunge 82% in May after duty hikeMay witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and re...
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...
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...
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...
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...