August 12, 2020 4:03 pm
According to Consultative Committee of Plantation Associations (CCPA), reduction in import duty, now 100 per cent, will pave the way for cheap tea to flood the market which will have disastrous effect on prices.
February 01, 2020 6:11 pm
Last month, India restricted imports of refined palm oil and asked importers to avoid purchases from Malaysia after its criticism of India's actions in Kashmir and a new citizenship law.
January 01, 2020 6:19 pm
Opposing the move, the Solvent Extractors' Association of India (SEA) said that after the reduction in import duty, the tax difference between CPO and refined palmolein has reduced from 10 per cent to 7.5 per cent.
June 15, 2019 4:11 am
The move comes almost two weeks after the Trump administration announced its decision to withdraw India’s duty-free benefits under the US select trade programme and may hit imports of products like almonds, apples, pears, chickpeas and walnuts.
May 03, 2019 4:15 pm
This extension comes in the backdrop of the US decision to withdraw export incentives being provided to them to Indian exporters under Generalised System of Preferences (GSP) programme, which is expected to impact India's exports to the US worth USD 5.6 billion.
April 13, 2019 10:47 am
Until February this year, there was no import duty on newspapers and magazines from Pakistan. However, following the Pulwama attack, India on February 16 hiked import duty on Pakistani goods to 200 per cent.
November 22, 2018 9:07 am
The biggest consolidation concluded only recently with the second and third largest operators Vodafone India and Idea Cellular, respectively, merging to create the country’s largest telecom company.
October 12, 2018 10:51 am
The Indian government listed several items that could be impacted including wearables like smart watches, Voice over Internet Protocol equipment and phones
October 12, 2018 6:57 am
Sources told The Indian Express that more measures to curb imports and a possible issue of bonds to NRIs are options that could be considered to contain the rising current account deficit.
September 27, 2018 1:24 pm
The enhanced duty rates has come into effect from midnight of September 26-27, said a government statement.
March 01, 2016 9:48 am
New Delhi, Mar 01 (ANI): Kerala MPs stalled the Parliament proceedings demanding import duty hike on rubber. The MPs protested and urged the government to increase the import duty on natural rubber. Rubber growers have been distressed owing to more than 155 per cent fall in prices in the last five years.