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US did not accept India’s request for consultations at WTO over import tariffs

NEW DELHI : The US did not accept India's request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs...

India’s palm oil imports drop as soyoil shipments surge in July

MUMBAI : India's palm oil imports fell in July because of cancellations in import contracts, while soyoil shipments surged to a 3-year high due...

Indian cotton imports from Brazil up 10 times this season as shipments surge to record high

NEW DELHI : The Central government told the Lok Sabha on Tuesday that cotton imports from Brazil have jumped 10 times this season (2024-25...

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...

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...

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...

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,...

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...

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...

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...
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