April 24, 2026
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CBIC clarifies on display assembly of phones for levy of 10% import duty

June 10, 2024 Customs, Economy, Import, Trade, Trending News
NEW DELHI : The CBIC on Friday listed out parts or components, such as touch panel, cover glass, LED backlight, which constitute the display assembly of a mobile phone and will attract 10 per

Laptop and Tablet imports from China surged 47% to $273.6 million in March

May 23, 2024 Import, Global Trade, Trending News
NEW DELHI : Five months after India started monitoring imports of major electronic hardware products, inbound shipments of personal computers (PCs), including laptops and tablets, from China surged by 47.1 per cent to $273.6

Maldives said India and China have agreed to cooperate in paying in local currency for imports

May 23, 2024 Import, Economy, Global Trade, Trending News
MALE : The Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries’ currency instead of the US dollar, which is likely

Trade ties with India suspended due to ‘heavy duties’: Pakistan Foreign Minister

May 20, 2024 Trade, Import, Trending News
ISLAMABAD : Foreign Minister Ishaq Dar has said that trade ties between Islamabad and New Delhi have remained suspended since 2019 due to the imposition of “heavy duties” by India on imports from Pakistan

Lower crude oil prices likely to tilt Indian imports towards Iraq and UAE

May 20, 2024 Import, Fuel, Infrastructure, Trending News
NEW DELHI : Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain above $81 per barrel, officials at

Israel to abolish free trade deal with Turkey, impose 100% tariff on Turkish imports : Finance Minister

May 18, 2024 Import, Economy, Trade, Trending News
JERUSALEM : Israeli Finance Minister Bezalel Smotrich on Thursday said Israel would abolish its free trade agreement with Turkey and also impose a 100 per cent tariff on other imports from Turkey in retaliation

India saved $25 billion by importing Russian crude oil : Ministry data

May 14, 2024 Trending News, Fuel, Import, Trade
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31 compared to 2022-23, although it imported

US probably impose 100% tariffs on EV imports from China

May 13, 2024 Import, Transport, Trending News
WASHINGTON D.C. : The United States is all set to impose a 100% tariff on Electric Vehicles(EV) imported from China, according to a report from the Financial Times. The fresh measures, if taken, will

Hydrogen ‘Fuel of Future’, vehicles will run on 100% Ethanol in coming years : Nitin Gadkari

May 10, 2024 Logistics, Fuel, Import, Transport, Trending News
BEGUSARAI : Hailing hydrogen as the “fuel of the future“, Union Minister Shri Nitin Gadkari on Wednesday asserted that vehicles in the country would run on green fuels in the coming years. Addressing an

122 Shipping Containers seized by JNCH at JN Port over suspected Contraband from China

May 10, 2024 Container, Customs, DGFT, Import, Logistics, Ports, Shipping, Trade, Trending News
MUMBAI : The Custom Central Intelligence Unit (CIU) of Jawaharlal Nehru Custom House (JNCH) has put on hold 122 containers on suspicion of containing banned Chinese fireworks, electronic items, microchips, and other contraband, in
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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