February 2, 2026
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Budget 2025: Customs duty cut on several products to boost domestic manufacturing

February 4, 2025 Customs, Economy, Finance, Trade, Trending News
NEW DELHI : Union Finance Minister Smt Nirmala Sitharaman announced a host of changes in basic customs duty (BCD) for several products on Saturday while presenting the first full Union Budget of Prime Minister Shri Narendra

MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports

January 24, 2025 EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports have increased from Rs 3.95 lakh

Shipbuilders hopeful for Customs Duty exemption extension in upcoming Budget

January 17, 2025 Customs, Economy, Finance, Ship Building, Shipyards, Trade, Trending News
NEW DELHI : Indian shipbuilders are facing uncertainty as the Customs Duty exemption on the import of raw materials, machinery, and equipment used in ship construction is set to expire on March 31.“The withdrawal

Union Budget 2025 :”This year will be a crucial year for supply chain players”, Allcargo Group’s Ravi Jakhar

January 17, 2025 Logistics, Economy, Finance, Supply Chain, Trade, Trending News
MUMBAI : The Union Budget for the upcoming financial year is slated to be presented on February 1, 2025, by Finance Minister Smt. Nirmala Sitharaman. It has been anticipated that the Narendra Modi Government may consider slashing

India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Budget for Export Boost

January 16, 2025 EXPORT, Business, COMMERCE, Export - Import, Finance, Policy, Trade, Trending News
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,

Budget 2025: Trade think tank GTRI bats for cut in average import tariff to 10%

January 15, 2025 Import, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Global Trade Research Initiative (GTRI) proposed six reforms for Budget 2025-26 to boost India’s trade and manufacturing. The proposals include reducing the average import tariffs to around 10 percent to



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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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