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TEXTILE MACHINERY DUTY
Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...27 Oct, 2026, 07.54 AM IST- India's textile industry targets $350 billion by 2030 as exports rebound, costs rise: ReportIndia's textile industry has seen significant growth, expanding to nearly USD 190 billion in FY26. The sector aims for USD 350 billion by 2...26 Oct, 2026, 02.53 PM IST
- Is India a “shadow transshipment” hub? The data says otherwiseBetween 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relatio...26 Oct, 2026, 11.26 AM IST
- India eyes a $20 billion pot of gold in New Zealand as its trade pact goes liveThe free trade agreement between India and New Zealand promises to promote trade and enhance professional movement. While some goods may en...21 Oct, 2026, 04.18 PM IST
- India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the clubVietnam recently signed a free trade agreement with the European Free Trade Association, expanding its trade network. This agreement comes ...21 Oct, 2026, 12.34 PM IST
- India-New Zealand FTA comes into effect todayThe FTA will provide Indian exporters with 100% duty-free access to the New Zealand market, opening opportunities for MSMEs, women entrepre...20 Oct, 2026, 12.02 AM IST
- The $50-billion question: Who gets what as India and Canada aim to strike a trade deal?India and Canada are currently negotiating a free trade agreement designed to enhance bilateral trade significantly. Nearly 300 Canadian bu...16 Oct, 2026, 03.30 PM IST
- From pharma to Scotch whisky, UK has "huge" export potential in India: Commerce Minister Piyush GoyalSpeaking at the India-UK JETCO Business Plenary on Monday, Goyal highlighted the complementary nature of the two economies and stressed the...12 Oct, 2026, 07.26 PM IST
- GST Council bets on faster refunds, lower penalties to ease business burdenThe 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include in...10 Oct, 2026, 03.57 PM IST
- GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...08 Oct, 2026, 02.16 PM IST
- GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...05 Oct, 2026, 12.16 PM IST
- EU, China to hold Beijing talks this week to avert trade warEU trade chief Maros Sefcovic is set to visit Beijing for crucial discussions regarding trade relations. As European leaders express concer...05 Oct, 2026, 07.43 AM IST
- Piyush Goyal says India does not have structural excess manufacturing capacityPiyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian produc...02 Oct, 2026, 01.48 PM IST
- 'Bold leap for two economic powerhouses': EU Ambassador designate hails India FTA moving one step closer to finish lineThe India-EU Free Trade Agreement has moved closer to final approval. The European Commission presented the agreement for approval to the E...11 Sep, 2026, 06.37 PM IST
- Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...10 Sep, 2026, 07.48 AM IST
- Cross-Border Shockwaves: How fresh 50% Canada tariffs will hit American walletsTrade talks between Washington and Ottawa have suddenly collapsed, imposing significant import tariffs. American consumers now face higher ...23 Aug, 2026, 11.43 PM IST
- Budget 2014: Texprocil seeks scrapping of import duty on textile machineryInterest rate on export finance in India is linked to the base rate and is, therefore very high as compared to competitors.07 Jul, 2014, 05.37 PM IST
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