India’s revenue foregone in first year of trade pact with U.K. estimated at ₹4,060 cr: GTRI
LONDON : India is expected to forego customs revenue of ₹4,060 crore in the first year of the free trade agreement (FTA) with the United Kingdom, as tariffs are reduced or eliminated on a
Transshipment is the new dirty word of trade
LONDON : Where is it from? It’s one of the top questions customs officials must ask of every shipment, alongside what it is and how much it is worth. Donald Trump’s trade war could
Indian millers, rice exporters eye windfall as Bangladesh plans to import 9 lakh tonnes
NEW DELHI : Indian rice exporters and millers are optimistic about a rise in demand and better prices following Bangladesh’s plan to import nine lakh tonnes of rice, industry stakeholders said on Sunday. India,
Bangladesh signs US wheat-import deal in bid to curb tariff pressure
DHAKA : Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the
Maharashtra Deputy CM urges Centre to stop illegal import of ‘sub-standard’ raisins from China
MUMBAI : Maharashtra’s Deputy Chief Minister Shri Ajit Pawar has written to the Central Government seeking urgent intervention to stop the illegal import of substandard raisins from China. These imports, which are allegedly bypassing
DRI foils major smuggling bid, seizes ₹35 crore worth of Chinese firecrackers in “Operation Fire Trail”
NEW DELHI : In a major crackdown on smuggling of Chinese firecrackers and fireworks into India, the Directorate of Revenue Intelligence (DRI), in an operation codenamed “Operation Fire Trail”, successfully traced, intercepted, and seized
Trump says 50% tariff on copper imports is coming and threatens 200% on pharmaceuticals
WASHINGTON : President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper imported into the US. However, it’s unclear when the new tariff would take effect. “Today we’re doing copper,”
India looking at importing uranium from Namibia: Indian envoy ahead of PM Modi’s visit
WINDHOEK ( NAMIBIA) : Ahead of Prime Minister Shri Narendra Modi’s visit, India’s High Commissioner to Namibia, Mr. Rahul Shrivastava, said that India is looking at importing uranium from the African country and mentioned