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IMPORT DUTY WAIVERS
Blending of E20+ and petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...- Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on MondayTextile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton impo...
- Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...
- 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 ...
- 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...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- West Asia conflict raises inflation risks; India's domestic strength offers cushion: Finmin reportIndia faces supply shocks from the West Asia conflict. This impacts inflation and trade. However, strong domestic demand and policy measure...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
- European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loomIndian liquor firms are grappling with rising costs for glass bottles and cans. Supply chain disruptions, linked to the Iran war, are causi...
- Iran war doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
- CII's 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisisConfederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...
- Textile exporters urge govt to waive cotton import dutyIndian textile and garment exporters are calling for the removal of an 11% import duty on cotton. Domestic cotton prices have surged, impac...
- Indian pharma sector faces supply risk amid West Asia conflict despite duty waiverIndia's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...
- Centre waives duties on key petrochemical products amid supply disruptions due to Iran warIndia has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This mov...
- Import duty on raw cotton waived off till September-endThe Indian government has temporarily suspended the 11% import duty on raw cotton until September 30th to improve domestic supply. This dec...
- Budget 2025: 'Customs waiver on life-saving drugs won't benefit most patients'Despite the import duty waiver on life-saving drugs for rare diseases announced in the union budget, patients might not benefit due to high...
- Battery costs for EVs and energy storage set to come down, says INOXGFL group's executive director Devansh JainImport duty waivers on lithium and other critical minerals were expected to decrease battery costs for electric vehicles and energy storage...
- HPL to wait for viability before making further investmentsHPL has got a shot in the arm following the waiver of import duty on the naphtha but it will wait for the viability of its unit to be resto...
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