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IMPORTED TELECOM EQUIPMENT DUTY EVASION
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...- 45 mountain rescue teams set out for deployment along Amarnath Yatra routesForty-five mountain rescue teams have been deployed for the upcoming Amarnath Yatra. These teams, comprising various security forces, will ...
- 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...
- Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt sourceGold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices an...
- HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 monthsHFCL shares surged after securing a significant contract from Rail Vikas Nigam Limited for the BharatNet project. This order strengthens HF...
- Kudankulam nuclear plant unit-5 gets reactor vesselIndia's Nuclear Power Corporation has achieved a significant milestone. The reactor pressure vessel for Kudankulam Unit-5 has been installe...
- 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...
- HFCL bags Rs 2,666 crore telcom gear supply order from Rail Vikas Nigam for BharatNet projectHFCL has secured a significant Rs 2,666 crore order from Rail Vikas Nigam Limited. This contract is for the BharatNet Phase-3 project in Ut...
- 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...
- Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
- 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...
- What Maruti-Suzuki can teach India-JapanThe Maruti-Suzuki collaboration brought global manufacturing to India, democratising transportation and boosting the middle class. This par...
- India's next telecom battle could be fought on highways, with connected carsIndia's telecom wars have traditionally revolved around spectrum, towers and tariffs. But a new consultation paper by TRAI on Vehicle-to-Ev...
- Remember Bihar's missing bridge? Now thieves have stolen a 40-metre mobile towerIn a baffling incident, thieves in Bihar have allegedly made a 40-meter mobile tower, along with a generator and equipment, disappear from ...
- 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...
- Mumbai Metro Aqua Line’s 2-year signal war ends: Your phone finally works undergroundMumbai Metro Aqua Line commuters can now enjoy mobile network connectivity after a two-year dispute resolution. Vodafone Idea and Airtel ar...
- 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...
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