April 24, 2026
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Trade ministry proposes anti-dumping duty on Chinese aluminium foil imports

September 2, 2024 Import, COMMERCE, Trade, Trending News
NEW DELHI : The Ministry of Commerce and Industry has recommended imposing an anti-dumping duty on aluminium foil imported from China after surging shipments from the neighbouring country captured nearly a third of India’s

Malaysia launches anti dumping duty probe on coated steel from China, India, Japan, South Korea

August 19, 2024 Import, Business, Trade, Trending News
KUALA LUMPUR : Malaysia has initiated an anti dumping duty investigation into coated iron or non-alloy steel flat-rolled products from China, India, Japan and South Korea, the Ministry of Investment, Trade and Industry said

Piyush Goyal announces introduction of Diamond Imprest

August 12, 2024 Import, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : Union minister of Commerce and Industry Shri Piyush Goyal announced restoration of GJEPC, which allows import duty exemption on cut and polished diamonds up to a specified limit. GJEPC has been recommending

India’s crude oil imports from Russia surge 1000%

August 9, 2024 Fuel, Global Trade, Import, International Shipping, Trending News
NEW DELHI : India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This marks a staggering 1000% increase compared to

India now depends on Russia for 40% of its crude oil imports : BIMCO

August 8, 2024 Fuel, Global Trade, Import, Trending News
LONDON : “During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an

MD & CEO of Kotak Mahindra AMC warns signal to FM Sitharaman about not to let gold become the next oil

July 29, 2024 Import, Economy, Finance, Infrastructure, Trade, Trending News
NEW DELHI : Kotak Mahindra AMC’s Managing Director and CEO Mr. Nilesh Shah has urged Finance Minister Smt Nirmala Sitharaman to keep a watchful eye on any surge in India’s gold import bill in

India’s July edible oil imports to surge to record on robust palm buying, sources say

July 26, 2024 Import, Oil Refinery, Shipping, Tanker, Trade, Trending News
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import

CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024

July 25, 2024 Import, Customs, Economy, Finance, Trade, Trending News
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according

Trade Tech revolutionizes Global Logistics with Real-Time Communication via Platform-Integrated Chat

July 24, 2024 International Shipping, Customs, EXPORT, Import, Logistics, Shipping Line, Trade, Trending News
SEATTLE : Trade Tech, Inc., a global logistics platform, introduces its latest update: a groundbreaking real-time chat capability built natively into its industry-leading global logistics platform. This new addition is set to reshape the

AFFI demands 100% duty on import of apples to ‘save local farmers’

July 23, 2024 Import, Trade, Trending News
NEW DELHI : Apple Farmers’ Federation of India (AFFI) on Sunday demanded 100 per cent duty on import of apples “to save the local farmers”. Talking to reporters after a national convention of apple
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