Imports News

Opinion

Mint Quick Edit | Indian manufacturing is losing instead of gaining due to quality control orders. They need review

The withdrawal of quality control orders on polyester and petrochemical imports is welcome but more such QCOs need to go to ease the availability of crucial inputs for our manufacturers. That will be in line with efforts to boost Indian manufacturing, especially amid the onslaught of US tariffs

1 min read07:00 AM IST
News

India slaps anti-dumping duty on Vietnamese steel—but the hit may be soft

India’s new anti-dumping duty on Vietnamese hot-rolled coils aims to protect local producers, but importers are already bypassing tariffs through semi-finished steel shipments.

3 min read13 Nov 2025
News

India considers safeguard duty, sales incentives for domestic cranes, crawlers amid Chinese import surge

Government explores a safeguard duty on cranes and crawlers, and sales-linked incentives to spur local production as Chinese imports tighten grip on India’s $8.5 billion construction equipment market.

5 min read13 Nov 2025
News

‘Credit not enough, small businesses need cash subsidy to ease US tariff pain’

Till the tariff-related uncertainty wanes, the Centre should consider interim benefits to businesses, which are dependent on exports, particularly MSMEs, Nirmal K. Minda, executive chairman of UNO Minda Group and newly-appointed president of industry body Assocham, said.

2 min read7 Nov 2025
Economy

India advances trade pact talks with Peru, Chile

India’s push for trade pacts with Peru and Chile is a strategic move to diversify export destinations and reduce reliance on the US market.

3 min read6 Nov 2025
Opinion

India’s US oil imports have risen sharply: Sweetener or cost saver?

On the face of it, India’s recent surge in crude oil imports from the US may seem like geopolitics at work, but a closer look suggests we mustn’t over-interpret this data. Here’s another explanation.

1 min read29 Oct 2025
Opinion

Trump, Putin, and Modi: The awkward triangle of bonhomie, geopolitics, and oil

India, one of the biggest buyers of discounted Russian oil, finds itself caught between a rock and a hard place following Trump's sanctions on Rosneft and Lukoil.

5 min read26 Oct 2025
News

Govt plugs gap in gold export rules to curb misuse of duty-free imports by jewellers

By enforcing watertight deadlines, the DGFT looks to discourage advance stocking, tighten monitoring and ensure that duty-free imports genuinely feed exports in a sector that still brings in nearly $30 billion a year.

3 min read24 Oct 2025
News

Indian officials counter Trump's claim-no order to halt Russian crude imports

Global oil markets witnessed an uptick in prices on Thursday, after reaching a five-month low in the previous session, as Trump said Indian Prime Minister Narendra Modi had promised to halt purchases of Russian barrels—a move that could tighten global supply.

3 min read16 Oct 2025
Economy

Indian exports rise in Sep despite US hit, buoyed by shipments to UAE, UK, China

Merchandise trade deficit widened to $32.15 billion in September from $26.49 billion in the previous month, according to provisional data from the commerce ministry on Wednesday. This was the highest level since August 2024.

3 min read15 Oct 2025

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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