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import duty news

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On US reciprocal tariffs on India, Centre's updates in Parliament

US President Donald Trump and PM Narendra Modi during a news conference in the East Room of the White House in Washington DC on February 13, 2025.
Updated on Mar 11, 2025 04:26 PM IST

Will Trump's tariffs make iPhones more expensive in India? Details here

US President Donald Trump speaks during an executive order signing ceremony in the Oval Office of the White House in Washington, DC, US, on Thursday, March 6, 2025.
Published on Mar 07, 2025 09:11 AM IST

Skoda Volkswagen will have to fall in line, not play victim: Bombay HC told

The Customs Department, while justifying its $1.4-billion tax demand notice to Skoda Volkswagen, said the company will have to stop playing the "victim".
Published on Feb 20, 2025 06:36 PM IST

‘Blow to Make in India’: Cycle manufactures flay import duty cut

Industry representatives say they will meet BJP leaders soon, air concerns about likely losses from the Centre’s move. (HT Photo)
Published on Feb 02, 2025 10:28 PM IST

Gold, silver, platinum jewellery to get cheaper after Union Budget 2024 duty cut

The import duty on gold and silver is down to 6% now, compared to 15% earlier. Platinum import duty is now down to 6.4% from 15.4% earlier. (HT)
Published on Jul 24, 2024 11:09 AM IST

India set for wheat imports after six years, to shore up reserves

India set for wheat imports after six years, to shore up reserves
Updated on May 29, 2024 02:50 PM IST

Will become the voice of orchardists, says Vikramaditya Singh

Congress candidate Vikramaditya Singh campaigns for Lok Sabha elections, at Banjar in Kullu, Himachal Pradesh, on Sunday. (PTI)
Updated on May 20, 2024 05:36 AM IST

BJP marginalised apple growers: Minister

Education minister Rohit Thakur on Saturday claimed that the apple growers have been marginalised due to the “anti-people” policies of the BJP. (HT File)
Updated on May 19, 2024 07:04 AM IST

Centre cuts import duty on phone parts. How will it help Made In India mobiles?

Representative Image: Mobile phone exports is projected to reach $15 billion in the current fiscal year.
Published on Jan 31, 2024 01:40 PM IST

2023: A year of food-price and climate shocks

The country prohibited overseas shipments of wheat in March 2022, white rice in July this year and onions this month. (PTI)
Updated on Dec 25, 2023 04:35 PM IST

India's trade exports fall by 1.7 lakh crore, now at $33.57 billion

India’s merchandise exports have seen a significant dip in November 2023. (Bloomberg File Photo)
Published on Dec 15, 2023 05:29 PM IST

Former Himachal CM Thakur accuses state govt of wasteful expenditure

Thakur accused the present Himachal government of “cheating” the people. (HT File Photo)
Updated on Jun 20, 2023 12:02 AM IST

Apple growers from Himachal, J&K, Uttarakhand protest at Jantar Mantar

Apple farmers from Himachal Pradesh, Uttarakhand and Jammu and Kashmir on Tuesday participated in a protest at Jantar Mantar in Delhi over no import duty on imported apple and end of market intervention scheme by the Central government that allowed states to produce agriculture produce in 17 states. (HT Photo)
Updated on Apr 04, 2023 10:29 PM IST

India puts on hold proposal to cut import duty on edible oils: Report

Demand from bulk buyers like hotels, restaurants and bakeries had already dropped after authorities imposed local lockdowns in response to a devastating second wave of coronavirus infections over recent months, dealers said.
Published on Jun 17, 2021 01:24 PM IST

AC imports plunge by 87% in January

Air conditioners installed at a building in New Delhi
Updated on Mar 15, 2021 05:50 AM IST

Kharif output expected to fall this year

Subdued food inflation benefits consumers or net buyers of food items, but they also hurt farm incomes, especially because commodity prices are not keeping pace with rising costs of cultivation.
Updated on Sep 11, 2019 03:51 AM IST

Donald Trump escalates tariff war with China, India will be watching closely

Markets fell by close to 600 points after US President Donald Trump’s latest trade offensive against China
Updated on Aug 24, 2019 11:16 AM IST

Donald Trump’s China tariffs to increase cost of Bible, upsets religious groups

President Donald Trump speaks at the White House in Washington, Monday, June 24, 2019. Trump’s sudden decision against military strikes may have prevented open conflict with Iran, but it also showed him to be an unpredictable, if unreliable, partner at home and abroad. (AP Photo/Carolyn Kaster)
Updated on Jun 26, 2019 11:21 AM IST

India can boost export of 300 products to US, China amid trade war: Report

The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 350 products such as chemicals and granite to these countries
Updated on Jun 16, 2019 11:43 AM IST

Mike Pompeo to focus on defence, trade ties during visit to India

US Secretary of State Mike Pompeo (left) with PM Narendra Modi in New Delhi on September 06, 2018. (PTI file)
Updated on Jun 14, 2019 06:38 AM IST

US to end trade privileges for India on June 5, says Donald Trump

Trump had announced his intention to remove India from the Generalized System of Preferences (GSP) program in early March.
Updated on Jun 01, 2019 11:07 AM IST

Fears rise China could weaponise rare earths in US tech war

Xi was accompanied by vice-premier Liu He, the top negotiator with Washington amid the ongoing dispute.
Updated on May 22, 2019 08:33 PM IST

Donald Trump targets India on trade second time this week. Should New Delhi worry?

U.S. President Donald Trump
Updated on Apr 07, 2019 12:32 PM IST

EU launches WTO case against India over import duties

In the case against India, the EU is challenging the introduction of import duties of between 7.5 and 20 percent for a wide range of IT products, such as mobile phones and components.
Updated on Apr 02, 2019 07:30 PM IST

Piyush Goyal asks taxmen to refrain from being overzealous, advises biz to pay taxes ethically

Piyush Goyal, who was earlier this week given the additional charge of Finance Ministry, asked the taxmen to trust the customers with a great degree of intelligence, while adopting a customer friendly approach.
Updated on Jan 25, 2019 11:49 PM IST

‘India’s exports performance extremely good, but I’m not fully satisfied’: Suresh Prabhu

Union Minister of Commerce and Industry Suresh Prabhu said as India is one of the major exporter of services like IT and ITeS, the ministry’s strategy will have elements to promote services exports also.
Updated on Dec 26, 2018 12:17 PM IST

India again defers duty hike on 29 US products till January 31

India for the fourth time deferred the deadline to impose retaliatory customs duties on 29 US products, including almond, walnut and pulses, by another 45 days, the government has said.
Updated on Dec 18, 2018 05:32 PM IST

US eyeing better trade deals with India, says Donald Trump

US President Donald Trump described ties with India as a “bulwark for freedom, prosperity and peace”, spoke of his friendship with Prime Minister Narendra Modi and, trying to lighten bilateral trade talks, said Indians are “very good negotiators”.
Updated on Nov 15, 2018 12:04 AM IST

Govt may not further hike import duty on non-essential items

In the latest round of duty hike effective October 12, the Finance Ministry increased the levy of import of base station, IP Radios, soft switches and Voice over Internet Protocol (VoIP) equipments, and optical transport equipments, among others, to up to 20 per cent.
Updated on Oct 14, 2018 01:10 PM IST