India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to shift to rival vegetable oils available
Govt should not cut import duties on parts used in making smartphones : GTRI
NEW DELHI : The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already proven successful and changing them could
No import restrictions on certain IT products like desktop computers : DGFT
NEW DELHI : The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the Commerce Ministry arm Directorate General of
Switzerland’s decision to eliminate import duties limits FTA utility for India’
NEW DELHI : Switzerland’s policy to allow tariff-free entry for all industrial goods from all countries significantly limits India’s prospects of gains from India and the European Free Trade Association (EFTA) Free Trade Agreement
Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘invade’ markets
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised imported items are ‘invading’ Indian markets.
High import duties; resisting pressure to open agri sector imp to ensure India’s food security: GTRI
NEW DELHI : Maintaining high import duties on sensitive agri commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its
No restrictions on Tur, Urad dal imports till March 2025: Govt
NEW DELHI : In a bid to boost domestic supply and maintain stable prices, the government has announced that there will be no restrictions on the import of tur and urad dal until March 2025. These pulses will continue to
Paper industry to continue to prosper as the country grows economically: Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry Shri Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the 62nd Annual General Meeting of the