import duties

New Delhi, April 7 Food Secretary Sanjeev Chopra said on Tuesday that there is no proposal to ban sugar exports to boost domestic supply, and that the government is considering the industry's demand to increase the minimum selling price of the sweetener.The secretary said that sugar prices...

Kolkata, April 6 The Indian Plastics Federation (IPF) on Monday urged the Centre to declare plastics as an essential commodity in the face of sharp disruptions in polymer supply and prices caused by the ongoing crisis in the Middle East.The industry body said the sector is facing a severe cost...

New Delhi, April 3 Top government officials, including the Secretary of the Department for Promotion of Industry and Internal Trade, the Power Secretary, and the Director General of Foreign Trade (DGFT), held a meeting on Friday to discuss ways to increase domestic production of induction...

Washington, April 3 – US President Donald Trump signed a sweeping proclamation imposing steep tariffs on imports of steel, aluminum, and copper, tightening trade controls in the name of national security.The order mandates that tariffs apply to the "full customs value" of imported metal...

New Delhi, April 2 Extending the moratorium at the WTO on import duties for cross-border electronic transmissions for a longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday.The 14th ministerial conference, which...

New Delhi, April 1 – The government has announced limited duty concessions for special economic zones (SEZs) for one year to help manufacturing units within these zones, which are facing weak global demand, sell their goods in the domestic market.This measure will take effect from April 1 and...

New Delhi, April 1 The government has announced a one-time special relief measure in the form of certain duty benefits for special economic zones (SEZs), a move that would provide support to units in these enclaves amid global uncertainties.However, the exemption will only be available if the...

Washington, Apr 1 The US has reiterated that India maintains "high" import duties on a range of goods, including agricultural products, pharmaceuticals, and alcoholic beverages, along with various non-tariff barriers.India has consistently maintained that its duties are in compliance with the...

Phnom Penh, April 1 – Retail fuel prices in Cambodia continued to rise due to the escalation of the Middle East conflict, the Ministry of Commerce said.In an announcement on Tuesday night, the ministry said that a liter of regular gasoline will cost 5,450 riels ($1.36) from Wednesday until the...

Barabanki (UP), March 31 A farmer's son from Barabanki, Uttar Pradesh, whose ideas on rural economy and farmer welfare were mentioned in Prime Minister Narendra Modi's 'Mann Ki Baat', says strengthening villages is key to achieving the vision of a "Developed India".Saurabh Baiswar, 22, said...

Phnom Penh, March 23 – Sokimex, one of Cambodia’s leading importers of petroleum and Liquefied Petroleum Gas (LPG), has announced that it will temporarily suspend LPG supply from April due to severe transportation disruptions caused by the ongoing conflict in the Middle East.In an official...

New Delhi, March 12 India has started an investigation into alleged circumvention of countervailing duties imposed on saccharin—used in various industries such as food, beverage, and pharmaceuticals—imported from China, according to a notification.The investigation was initiated by the...

New Delhi, March 12 – The US Trade Representative (USTR) announced on March 11 that it has launched a new round of Section 301 trade investigations targeting the policies and industrial practices of 16 economies, including India and China.Following a decision by the US Supreme Court...

New Delhi, February 27 Commerce Minister Piyush Goyal on Friday said that India is closely monitoring developments following the US Supreme Court's ruling against tariffs, pointing out that the joint statement on the proposed interim trade deal provides for a rebalancing of the agreement "should...

Srinagar, February 27 Apple growers from Jammu and Kashmir, Himachal Pradesh, and Uttarakhand will protest in Delhi next month against the proposed duty concession on US apples, in an effort to protect domestic growers from losses.India has granted a quota-based duty concession to the US on...

New Delhi, February 25 Shares of companies related to the solar sector plummeted on Wednesday after the US announced preliminary countervailing duties of 125.87% on imports of certain Indian solar products.The stock of Waaree Energies fell by 14.99%, Premier Energies dropped by 14.23%, Vikram...

New Delhi, February 25 The US has announced preliminary countervailing duties of 125.87% on imports of certain Indian solar products, alleging that the products are unfairly subsidized by New Delhi.The US has also announced different duties on the imports of 'Crystalline Silicon Photovoltaic...

New Delhi, February 24 India and Israel have begun the first round of negotiations for a free trade agreement (FTA) here, with the aim of further boosting commercial ties and promoting investment, an official said.The four-day talks will conclude on February 26, the official said.In November...

February 24, New Delhi – The European Parliament has postponed a vote on the European Union's trade deal with the United States following U.S. President Donald Trump's imposition of a blanket 15% import duty, after the Supreme Court struck down his previous global tariffs.The Parliament's...

Washington, February 23 Emphasizing that if Donald Trump's tariffs are "such a good idea, he should have no problem persuading Congress," former Indian-origin US Acting Solicitor General Neal Katyal has said the President must seek legislative approval for sweeping tariff measures, as mandated...