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US exempts India, 19 other nations from 100% tariff on speciality drugs

WASHINGTON D.C.: In a major development for international trade, Washington has announced that select speciality medications and related components originating from India and 19...

Potential US tariffs threaten India’s textile, apparel exports after Russia sanctions law: CITI report

NEW DELHI: Potential additional tariffs by the United States following the signing of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026...

India says new US tariffs over Russian oil could hit ties, vows to protect energy security

NEW DELHI: India has told Washington that ​new measures to levy tariffs over the purchase of Russian oil could impact bilateral ties, the South...

U.S. House passes Russia sanctions Bill seeking to impose up to 100% tariffs on India, others

WASHINGTON D.C.: The U.S. House of Representatives on Wednesday (September 16, 2026) passed legislation targeting Russia’s energy sector, individuals and the “shadow fleet” of...

CBIC extends customs facilitation for international cargo disrupted by Strait of Hormuz closure till 31 October 2026

NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, has issued Circular No. 36/2026-Customs dated...

Entire top brass of CBIC-Chennai reshuffled overnight

CHENNAI : The government has affected a major overnight reshuffle of senior officers in the Chennai CGST office of Central Board of Indirect Taxes...

Donald Trump’s India tariff faces legal challenge from 25 Democratic Party-led states

WASHINGTON D.C. : US President Donald Trump faces a fresh internal challenge as 25 democratic-ruled states have moved a court against the decision to...

U.S. imposes 10% ‘forced labour’ tariffs on India

WASHINGTON : The U.S. had in February 2026 imposed a temporary 150-day 10% tariff on all of its trade partners, which expired on July...

Centre taking more measures to attract foreign capital inflows: FM

NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Monday said the measures announced by the RBI and government to boost foreign fund inflows...

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

BENGALURU: Union Finance Minister Smt. Nirmala Sitharaman on Sunday said India faces risks from crude prices, West Asia tensions and Strait of Hormuz disruptions,...
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