March 1, 2026
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India is being seen as an economic “bright spot” in the world : Piyush Goyal

August 1, 2025 Trade, Economy, Finance, Global Trade, Tax, Trending News
NEW DELHI : India and Russia could “take their dead economies down together”, said U.S. President Donald Trump on Thursday (July 31, 2025). The criticism was among a barrage of statements targeting India by

Donald Trump imposes 25% tariffs on India in addition to a Russia ‘penalty’

July 31, 2025 Trade, Economy, Finance, Global Trade, Tax, Trending News
WASHINGTON : Donald Trump has announced the US will impose a 25% tariff on goods from India plus an extra “penalty” for the country buying arms and energy from Russia amid the war in

Trump tariffs: How Germany, France, Spain reacted to 30% rate threat; Macron calls on EU to ‘defend European interests’

July 14, 2025 Trade, Economy, Finance, Global Trade, Tax, Trending News
WASHINGTON : US President Donald Trump on Saturday intensified the tariff trade war even further by threatening to impose a 30 per cent tariff on imports from Mexico and the European Union starting on

India may land sub-20% US tariff: Report claims interim trade deal in the works

July 14, 2025 Trade, Finance, Global Trade, Tax, Trending News
WASHINGTON : The U.S. is reportedly nearing an interim trade deal with India that could see proposed tariffs drop below 20%, a significant break from the sweeping hikes facing other nations. Unlike peers in

India revises WTO retaliatory duty proposal amid fresh US tariff hike on Steel and Aluminium

July 11, 2025 Trade, COMMERCE, Economy, Finance, Global Trade, Tax, Trending News
NEW DELHI : India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on steel and aluminium in view of the further

Trump says 50% tariff on copper imports is coming and threatens 200% on pharmaceuticals

July 10, 2025 Import, Economy, Finance, Global Trade, Tax, Trade, Trending News
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,”

CBIC expands ICETAB-based Digital Customs Checks to export consignments

July 10, 2025 Customs, Digitalisation, Economy, EXPORT, Finance, Global Trade, Tax, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) is expanding its digital customs clearance infrastructure with the rollout of ICETABs (ICEGATE Tablet-based Examination) for export consignments, starting June 19, 2025.

2 Navi Mumbai shipping agents under DRI surveillance over lack of information in Wan Hai 503 cargo

June 21, 2025 Ports, Economy, Finance, Global Trade, Shipping, Tax, Trade, Trending News
KOCHI : The Directorate of Revenue Intelligence (DRI) has placed two shipping agents operating at the Nhava Sheva Port in Navi Mumbai under close surveillance in connection with the investigation into the cargo aboard

India slaps anti-dumping duties on key chemical imports from China, EU, Japan, and Switzerland

June 9, 2025 Import, Business, Economy, Tax, Trade, Trending News
NEW DELHI : The government has imposed anti-dumping duties on imports of Vitamin-A Palmitate and Insoluble Sulphur from China, Japan, Switzerland and the European Union (EU), aiming to shield domestic manufacturers from low-priced imports

S.K. Rahman IRS, Chief Commissioner of CGST & Customs launches TAXSCAN 2.0

June 6, 2025 Customs, COMMERCE, Economy, Finance, Tax, Trade, Trending News
KOZHIKODE : Chief Commissioner of CGST & Customs, Thiruvananthapuram Zone, Shri S.K. Rahman, Indian Revenue Service (IRS), on Wednesday (4th June, 2025) launched TAXSCAN 2.0 – the new and improved website of Taxscan.in. The
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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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