Semiconductor production requires more than 50 ultra-high-purity industrial gases, but India is yet to develop domestic manufacturing capabilities at the required scale
India-Sohar feeder services 4x since West Asia crisis, says Raid Al Rubaiey
Brics partners accounted for nearly 42% of India's merchandise imports in FY26
Industry body seeks minimum import price on finished notebooks, anti-dumping probe into Indonesian imports and GST rule changes to ease working capital constraints
As cyber and supply-chain risks grow, India is accelerating efforts to build domestic SCADA technology for its increasingly digitised power network
The data underscores the growing pressure on India's external balance, as a wider trade gap weighs on the rupee and capital inflows
The genesis of the persistent rise in imports of edible oils, regardless of steady increase in indigenous production, lies in the demand growing faster than the supplies
The IEA warns China's rare earth export curbs could disrupt $6.5 trillion worth of global manufacturing. How vulnerable is India's fast-growing EV industry?
The Centre and states plan to replace $189 billion of imports by boosting domestic production of 1,272 products through targeted manufacturing and industrial clusters
India's latest push to boost domestic production comes as it grapples with supply-chain risks heightened by geopolitical tensions
India has prohibited imports of goods made using forced labour, issuing its first such notification as the US considers tariffs under a Section 301 investigation
The Indian government on Tuesday issued a notification to ban the import of goods made using forced labour, aligning with global labour standards
The trade deficit widened sharply to $30.43 billion in June from $28.21 billion a month ago
India imported memory chips worth $6.79 billion in FY26, 53.41 per cent more than in FY25
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 "The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)," the notification, dated June 19, said.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 ...
The government is likely to take a call on extending import duty exemption on about 40 products beyond June 30, after analysing the evolving situation in West Asia and associated revenue implications, an official said on Thursday. To safeguard the domestic industry from supply chain disruptions, the government in a "temporary and targeted relief" had exempted import of critical petrochemical products from customs duty effective April 2. Customs duty was cut to 'nil' across 40 different products, including Anhydrous Ammonia, Toluene, Styrene, Vinyl chloride monomer, and others. The duty exemption, which is valid till June 30, was intended to benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components, other manufacturing segments. Officials said associated revenue consideration will have to be considered while deciding on whether the import duty exemption would be extended. "A decisi
India's trade balance turned favourable with several Asian and African economies in April-May, even as surpluses with traditional partners such as the US narrowed
The West Asia crisis affected India through higher oil prices, pressure on the rupee, weaker trade, rising aviation costs and inflation. Here's how the economy absorbed the shock
The USTR move comes as India and the US work through an interim trade pact, raising compliance questions for exporters in textiles, apparel and other supply chains
The chief negotiators of the US and India will begin four-day talks here on Monday on finalising the details of the interim trade pact, whose framework was agreed upon in February. The US team will be led by its chief negotiator Brendan Lynch. India's chief negotiator is Darpan Jain, who is an additional secretary in the Department of Commerce. The two sides are "proposed to finalise the details of the interim agreement and take forward the negotiations under the broader BTA on multiple areas such as market access, non-tariff measures, customs and trade facilitation, investment promotion, and economic security alignment," the commerce ministry has said. On February 7, India and the US issued a joint statement finalising the contours or framework of the first phase of the bilateral trade agreement (BTA) or an interim trade agreement. Now, both sides will have to finalise the legal text for that deal. The framework reaffirmed the countries' commitment to the broader India-US BTA ...