GTRI Calls for Tariff Reform to Boost Indian Manufacturing
Think tank GTRI recommends sweeping changes to India's import tariffs and customs administration to reduce trade costs, enhance manufacturing competitiveness, and revive export growth.
Category : Search result: import levies surge
RBI Overhauls Foreign Exchange Rules for Trade
The Reserve Bank of India introduces unified foreign exchange regulations for exports and imports, simplifying procedures and enhancing digital monitoring to ease compliance for businesses.
GJEPC Seeks Carat Tax, Duty Cuts for Diamond Hub Plan
The Gem & Jewellery Export Promotion Council urges tax reforms, including a Belgian-style carat tax and reduced import duties, to make India a global diamond trading hub like Antwerp and Dubai.
Himachal CM Seeks 100% Duty, Seasonal Ban on Apple Imports
Himachal Pradesh CM Sukhvinder Singh Sukhu urges the central government to impose a 100% import duty on apples and enforce a seasonal ban from July to November to protect local growers.
Exports Rise 18.7% in Dec 2025, Trade Deficit Widens
India's merchandise exports surged by 18.7% year-on-year in December 2025, official data shows. However, the trade deficit widened marginally as import growth outpaced exports.
SCOTUS to Rule on Trump Tariffs Legality Today
The US Supreme Court prepares to deliver a crucial ruling on whether former President Trump's sweeping tariffs, including those affecting India, were legal. The decision could trigger massive refunds.
Himachal CM Sukhu to Fight for Apple Growers on Import Duty
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu pledges to meet Union ministers to address apple growers' concerns over reduced import duty on New Zealand apples.
COAI Seeks Telecom Tax Cuts in Budget 2026
The Cellular Operators Association of India has called for a reduction in telecom levies and GST relief in the upcoming Union Budget 2026 to boost the sector's growth and affordability.
CITI Seeks Permanent Removal of 11% Cotton Import Duty
The Confederation of Indian Textile Industry urges the government to permanently scrap the 11% cotton import duty, warning it hurts competitiveness amid supply shortages.
Tamil Nadu Borewell Strike: Drill Bit Prices Double, Operations Halt
Borewell operators in Tamil Nadu continue an indefinite strike as drill bit prices soar from Rs 25,000 to Rs 55,000. Over 2,000 vehicles are idle. Read on to understand the crisis and its impact.
India Stops Arms Imports, UP Leads Defence Push: Rajnath
Defence Minister Rajnath Singh declares India is no longer reliant on imported weapons, with Uttar Pradesh emerging as a key hub for defence manufacturing and job creation. Read more.
India's Forex reserves fall by $9.8 billion to $686.8 bn
India's foreign exchange reserves declined by $9.809 billion to $686.801 billion for the week ending January 2, as per RBI data. Read the full analysis of the components and what this means for the economy.
Japan Seeks Smooth Trade as China Delays Imports, Rare Earths
Japan calls for smooth international trade after reports of Chinese delays on Japanese imports & rare-earth exports. Details on the escalating two-month trade spat.
Bangladesh stops new Indian onion imports via Hili port
Bangladesh halts new onion import permits from India via Hili land port to protect local farmers. Learn how this impacts India's onion export strategy and domestic prices.
Saudi Arabia bans poultry imports from France, Poland
Saudi Arabia imposes a temporary ban on poultry and egg imports from France and Poland due to severe bird flu outbreaks. Learn about the strict safety measures and what products are affected.
Bangladesh Proposes 20% Safeguard Tariff on Indian Cotton Yarn
Bangladesh's textile industry lobbies for a 20% safeguard tariff on Indian yarn imports, threatening exports from Vidarbha's 45 units. This move, amid India's own cotton duty re-imposition, spells a double whammy for the sector.
Auto Firms Seek EV Curbs in India-EU Trade Deal
As India-EU FTA talks intensify, local automakers urge strict rules to prevent Chinese EVs from entering India via Europe at lower duties. Learn about the industry's demands for price thresholds and local value addition.
US Cattle Futures Soar to 3-Month High Amid Supply Squeeze
Chicago Mercantile Exchange cattle futures surged to their highest since October on strong cash prices and tight US supplies. The US continues to block Mexican cattle imports due to screwworm fears, pressuring meatpacker margins. Get the full analysis.
Indian Oil Price Drops Below $60/Barrel
India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.
JSW Steel: Investment Pros & Cons After Tariff Boost
JSW Steel shares surged 4.9% after new import duties. We analyze its strong market position, expansion plans, high debt, and recent performance to help you decide.
Steel Prices Jump After New Import Duty, Construction Hit
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
India's R&D, Mineral Neglect Led to Pax Silica Exclusion
India's exclusion from the US-led Pax Silica initiative highlights decades of underinvestment in R&D and mineral exploration. To be a global player, India must urgently boost innovation and unlock its buried mineral wealth. Read the analysis.
Rs 42,000 Cr Investment in Electronics Components Approved
Centre approves 22 proposals from Samsung, Foxconn, Tata & others under ECMS to boost domestic production, cut imports. Investments to create Rs 2.6 lakh crore output.
National Security Cess to be levied on machine speed, clarifies FinMin
Finance Ministry clarifies National Security Cess will be calculated on machine speed, not production output. This impacts importers and aims to safeguard health, security, and strategic interests.
India Rice Export Prices Reach 3-Month Peak
India's rice export prices surge to a near three-month high of $360 per ton. Bangladesh approves 50,000-ton import from India. Global demand remains weak. Get the full market analysis.
GST Mop-Up Grows 6.1% in Dec, Hits Rs 1.74 Lakh Crore
India's GST revenue grew 6.1% to Rs 1.74 lakh crore in December 2025, driven by a 19.7% surge in import levies. Experts say tax cuts are boosting consumption. Read the full analysis.
Tata Steel Rallies 8% on Govt's Steel Duty Extension
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
Duty-Free Cotton Import Window Closes, 11% Levy Returns
India's duty-free cotton import window has closed, reinstating an 11% levy. This move impacts textile firms' costs and keeps raw cotton prices below MSP for Vidarbha farmers. Key details inside.
Trump's 50% Tariff Batters Panipat's Textile Exports
Panipat's textile exporters face a severe crisis as Trump's 50% tariff slashes US orders. Industry leaders urge government intervention to save jobs and exports. Read more.
India imposes 3-year steel import duty to curb cheap shipments
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
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