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IMPORT DUTY REDUCTION
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...- Psychology says the exhaustion of modern life often isn’t from overwork: It’s from the fact that we’ve eliminated every attention gap, and the brain never gets the empty space it needs to recoverIn our bustling modern world, the rush of daily life rarely grants us the luxury of stillness. The unending stimulation stretches our menta...
- 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 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- 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...
- Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
- Titan's big wager on the premiumisation boom now rests on watches priced above ₹25,000Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon ac...
- 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...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- India, UK discuss sticking points delaying free trade pact rolloutAs India and the UK maneuver through complex trade discussions, they are focused on addressing the sticking points that are currently slowi...
- 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...
- 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...
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
- India may rethink Scotch whisky tariff cuts if UK does not ease steel import curbsIn a strategic move, India may reconsider its tariff reductions on British products, especially Scotch whisky, pending the UK's solutions t...
- India-Oman CEPA to strengthen energy security, trade resilience and export growth: ReportIndia and Oman's Comprehensive Economic Partnership Agreement begins June 1, 2026. This pact will significantly boost trade and energy secu...
- 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 ...
- EU import cuts threaten Ukraine's battered steel sector, Interpipe CEO saysUkraine's vital steel sector faces a new threat from European Union import quotas. This move could severely damage the war-torn industry, d...
- RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
- Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum MinistryThe Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...
- Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...
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