June 8, 2026
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Govt stricts Silver import rules, mandates DGFT Nod for routing via banks and agencies

June 3, 2026 Import, Business, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Government on Tuesday said after tightening the rules on import of silver that, the precious metal can now be imported only after obtaining the Directorate General of Foreign Trade‘s approval,

Government identifies 500+ imported products for local manufacturing push to cut bill and boost resilience

June 2, 2026 Import, Global Trade, Trade, Trending News
NEW DELHI : The Indian Government is conducting a comprehensive review of over 500 imported products—ranging from machinery and fertilisers to silicon wafers and carbon fibres—to identify opportunities for domestic production, reduce import dependency,

CONCOR’s MMLP Paradip handles maiden project cargo shipment for JSW Utkal Steel Plant under integrated logistics solutions

June 1, 2026 Container, Import, Logistics, Logistics Park, Ports, Shipping, Trade, Trending News
NEW DELHI : Container Corporation of India Ltd. (CONCOR) has successfully handled the maiden import shipment of project cargo for JSW Utkal’s upcoming steel plant at Utkal through its Multi Modal Logistics Park (MMLP),

Indian Govt temporarily waives off Customs Duty on cotton imports from June 1 to October 31

June 1, 2026 Customs, Business, Global Trade, Import, Trade, Trending News
NEW DELHI : The Government has temporarily exempted customs duties on cotton imports from the first of next month to 31st October this year. The Ministry of Textiles, in a notification, said that the

TN CM Vijay writes to PM Modi, urges scrapping of 11% import duty on cotton to safeguard textile sector, jobs

May 15, 2026 Import, EXPORT, Global Trade, Tax, Trade, Trending News
CHENNAI : Tamil Nadu Chief Minister C. Joseph Vijay on Thursday urged Prime Minister Shri Narendra Modi to immediately remove the 11 per cent import duty on cotton, warning that the state’s textile and

Gold, Silver imports to turn costlier: Govt doubles Duty to 10% after PM Modi’s Forex Warning

May 13, 2026 Import, COMMERCE, Customs, Finance, Trade, Trending News
NEW DELHI: The Centre has doubled the import duty levied on gold, silver and platinum to 10%, with effect from the midnight of May 13, according to an official notification issued by Ministry of

UAE OPEC exit signals de-dollarisation, positive for India’s “Oil for rupee”: Kotak Securities

April 30, 2026 Fuel, Business, Economy, Import, Trade, Trending News
MUMBAI: The impact of the United Arab Emirates (UAE) exiting OPEC on global oil prices will depend on when supply through the Strait of Hormuz normalises, and with strong relation between India-UAE, the move

Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO

April 15, 2026 Fuel, Import, International Shipping, Maritime, Oil Refinery, Shipping, Tanker, Trending News
LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of

Crude oil could hit $150 in extreme scenario, trigger global intervention: Vandana Bharti, SMC Global Securities

April 3, 2026 Import, Business, Economy, Fuel, Global Trade, International Shipping, Trade, Transport, Trending News
NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head – Commodity,

India wants preferential access to US market : Piyush Goyal

April 3, 2026 EXPORT, Business, COMMERCE, Economy, Finance, Global Trade, Import, Trade, Trending News
NEW DELHI : Commerce Minister Shri Piyush Goyal, on Thursday, said India’s relationship with the US remains strong, underpinned by a deep strategic partnership spanning technology, defence, trade and investments. “Our relations are very
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