Govt Imposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
AMN The Centre has imposed a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products with a view to shielding the Indian steel…
India’s pharmaceutical exports surge over 9 percent to reach $30 bn in last financial year
India’s pharmaceutical exports surpassed 30 billion dollar in the last financial year, with the United States remaining a key market, accounting for more than one-third of the country’s total pharma…
India’s smart phone exports touched record two lakh crore rupees in last fiscal
India’s smartphone exports have reached a record level of two lakh crore rupees in the last fiscal. Smartphones have emerged as India’s largest export in the first ten months of…
India’s exports register growth of 5.5% to hit record 820.93 billion dollars in FY 2024-25
India’s total exports of goods and services registered a growth of 5.5 per cent, reaching a record 820.93 billion dollars during April- March 2024-25, compared to 778.13 billion dollars in…
Widening China Trade Deficit put India’s Economic Policymakers in Strategic Dilemma
By R. Suryamurthy India’s trade deficit with China surged to an unprecedented $99.2 billion in FY2024–25, underscoring a structural economic dependency that continues to widen despite diversification and domestic manufacturing…
Cargo traffic on India’s inland waterways surges to all-time high of 145.5 million tonnes in 2024-25
Country’s National Waterways reached a record high of 145.5 million tonnes during the Financial Year 2024-25. The Ministry of Ports, Shipping and Waterways said this in a statement yesterday. It…
India’s Trade Deficit Widens as Global Tariff Pressures Mount
Bibhudatta Pradhan / NEW DELHI India’s merchandise trade deficit widened sharply to $21.54 billion in March, driven by a surge in imports as the country navigates escalating U.S. tariff policies…
Countries reach historic deal to cut shipping emissions
By Vibhu Mishra After years of intense negotiations, countries on Friday reached a landmark deal to cut greenhouse gas emissions from global shipping, setting mandatory fuel standards and introducing an…
US to launch separate tariffs on electronics imports
WEB DESK The US will impose separate tariffs on imports of smartphones, computers, semiconductors, and other components in the next one to two months. This was stated by US Commerce…
US to exempt smartphones, computers imported to country from latest tariffs
The US has announced to exempt smartphones and computers imported to the country from the latest tariffs. According to a US Customs and Border Protection notice, the smartphones and computers…