Imports

India has imposed an anti-dumping duty for five years on a chemical, used in the rubber and tyre industries, imported from China, the European Union and the US. According to a notification of the finance ministry, the duty was imposed following a recommendation for the same by the commerce ministry's arm, the Directorate General of Trade Remedies (DGTR). The duty ranges between USD 75 per tonne and USD 1748 per tonne. "The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)," the notification, dated June 19, said. The DGTR has recommended the duty on the imports of 'Sulphenamides Accelerators' from the three regions, as it has been exported at a price below the normal value in Indian markets, which has resulted in dumping and material injury to the domestic industry here. India has also extended the levy of anti-dumping duty on 'Aluminium Foil imported from China, Malaysia, Thailand and ...

India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and Japan, a commerce ministry notification said. The investigation followed a complaint in this regard by Atul Ltd to the Directorate General of Trade Remedies (DGTR). The applicant has alleged that the cheap imports of 'Resorcinol' is significantly harming the domestic industry. "On the basis of the duly substantiated application filed by the applicant and having satisfied itself, on the basis of the prima facie evidence submitted by the applicant, regarding dumping of the subject goods...the authority hereby initiates an anti-dumping investigation," the DGTR's notification said. In the probe, the directorate would determine the existence, degree and effect of the alleged dumping of the chemical exported from China and Japan. If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of the levy o

Think tank GTRI says India's tariff structure encourages exports of primary aluminium while raising input costs for domestic manufacturers and MSMEs

The think tank recommends diversifying crude and LNG suppliers, expanding strategic reserves and modernising refineries to reduce vulnerabilities to supply shocks

Energy supplies via the Strait to resume slowly after formal deal on Friday

The recent import tender opened few days back though shows that there could come relief finally round the corner but how much will that be remains to be seen. In 2024-25

The Tea Board is targeting China, Africa and Canada to sustain exports as geopolitical tensions disrupt shipments to key West Asian markets

The exemption, announced earlier this year, covers 40 petrochemical products used for making plastics and pharmaceuticals and is currently valid through June 30

Goyal urges industry to cut import dependence as rupee hits fresh low and exports push intensifies

The Sri Lankan government has imposed a 50 per cent surcharge on vehicle imports - excluding motorbikes and three-wheelers - considering the continuing slide of the country's currency. President Anura Kumara Dissanayake, who is also the finance minister, in a notification on Saturday said "by this order levy on imported goods specified in the schedule here to a surcharge at the rate of 50 per cent on applicable customs duty effect from May 16 for a period of three months". The rupee has seen over 3 per cent depreciation against the dollar by mid this month due to prevailing external pressures - primarily the Iran war, which has led to a massive surge in fuel import bill. The rupee, which was 309 to 310 against the dollar at the beginning of the year, currently stands at over 322. Calling it a "temporary" measure, deputy finance minister Anil Jayantha Fernando told reporters that the move is effectively aimed at making importers delay purchases for three months - a move that could .

The Ministry of Heavy Industries has extended the bid submission deadline for the Rs 7,280-crore REPM manufacturing scheme to widen participation in the global tender process

If the government allows prices to adjust swiftly in response to the changed supply situation, then people will automatically follow suit

The decision to end the levy came as the government invoked emergency powers and diverted local chemicals for production of cooking gas to address shortages

The government has extended the state trade enterprise (STE) status of Indian Potash Ltd till March 31, 2027 for import of urea, according to a notification. India produced 306.67 lakh tonnes of urea in 2024-25 and imported 56.47 lakh tonnes of the nutrient to meet the domestic demand. The country has imported 98 lakh tonnes of urea in the first eleven months of this fiscal year. "Import of Urea (Agricultural grade) on Government account is allowed through Indian Potash Ltd... till 31.03.2027," the Directorate General of Foreign Trade (DGFT) has said in a notification dated March 27. The move is important as the West Asia crisis has disrupted global fertiliser trade.

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China, the government order said

India has initiated a probe against imports of subsidised Chinese and Indonesian paperboards as it is allegedly impacting domestic players, according to a notification. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has started the exercise following a complaint filed by Indian Paper Manufacturers' Association on behalf of the domestic industry. The applicant has alleged that exports of multi-layer paperboards by Chinese and Indonesian firms, which is subsidised by the respective countries, are hurting margins of Indian companies. They have requested for initiation of an anti-subsidy or countervailing investigation on imports of boards originating in or exported from these two countries. The applicant has alleged that the producers/exporters in these two nations have benefited from the subsidies provided at various levels by their respective governments in the form of grants, loans, guarantees, taxes, export credits, goods and services, or ..

India trade remedies authority has recommended an anti-dumping duty of $3,453 per metric ton on imports from China of DASDA

Saudi Arabia has stopped poultry and egg imports from 40 countries, including India, as a safety step against bird flu; processed, heat-treated products are exempt under strict rules

Indian refiners have been redrawing crude import strategies in recent ​months to shift away from top supplier Russia and boost imports from the Middle East

Customs notifications override FTP provisions on duty exemptions, while advance authorisation imports can bypass MIP for deemed exports if inputs aren't sold in the DTA