Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks
DGFT's floor prices on select bulk drugs aim to curb Chinese dumping, support PLI-backed manufacturers and lift domestic offtake, though capped medicine prices may limit cost pass-through
Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion
Imports of soyoil dropped more than 18% to 370,661 tons and sunflower oil imports fell 45% to a two-year low of 142,953 tons, the industry body said
India's fertilizer imports are estimated to jump 41 per cent to 22.3 million tonnes in the 2025-26 fiscal year due to a surge in domestic demand following good monsoon rains, the Fertilizer Association of India (FAI) said on Tuesday. The world's second-largest fertilizer consumer has imported 14.45 million tonnes during April-October, up nearly 69 per cent from 8.56 million tonnes a year earlier, the industry body said. "There has been an increase in imports of fertilizers because of a sudden spurt in domestic demand because of good rains," FAI Chairman S Shankarsubramanian told reporters ahead of the association's three-day annual seminar. Fertilizer stocks stood at 10.2 million tonnes by end-November versus 9.97 million tonnes a year earlier, including 5 million tonnes of urea, 1.7 million tonnes of DAP and 3.5 million tonnes of NPK fertilizers, he said. Shankarsubramanian, who is also managing director of Coromandel International, said India has contracted large volumes in the l
The government argued that, since it was facing a flood of imports from China, it needed to ensure that these were of sufficient quality to meet Indian standards
India, the world's second-biggest crude steel producer, imported 3.8 million metric tons of finished steel during April-October and was a net importer of the alloy, the data showed
India has initiated a probe against alleged dumping of polyester textured yarn by Chinese companies into the country, following complaints by two domestic players including Reliance industries Ltd, according to a notification. The Directorate General of Trade Remedies (DGTR) said that Reliance and Wellknown Polyester in their applications have claimed that the cheap import of these yarns from China have caused material injury to the domestic industry and accordingly have requested the government to impose antidumping duty. On the basis of the duly substantiated written applications submitted by the applicants, and having reached satisfaction based on the prima facie evidence submitted by the applicants concerning the dumping of the products, "the Authority, hereby, initiates an anti-dumping" investigations, the DGTR has said. If it is established that these dumplings have caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on thes
Development comes at a time when negotiations for India-US BTA gather steam
The import approvals for goods from China and other countries will cover electronics parts, shoes, steel, household items, raw materials, and other daily-use goods
Policy hurdles, high royalties and red tape keeping global explorers away, warns report
MEA confirms licences for Indian companies to import rare earth magnets from China; also announces US waiver on Chabahar port sanctions for six months
Indian paper industry has raised concern over the potential surge in paper imports following the recent GST reforms, warning that the move could erode domestic competitiveness and undermine the government's flagship Make in India' initiative. Indian Paper Manufacturers Association (IPMA) President Pawan Agarwal, in a statement, said that with the recent GST changes, India risks becoming a further dumping ground for cheaper paper from abroad. While domestic manufacturers are being burdened with higher input costs, imported paper used for exercise books and notebooks will now enter the country completely tax-free. This will distort market dynamics and deal a blow to Indian producers, Agarwal said. Paper imports into India have already doubled in the last four years, growing at a CAGR of over 17 per cent in volume terms one of the steepest among major commodities, according to the IPMA. Citing the Commerce Department data, IPMA stated that imports of paper and paperboard rose from 1.
The knitwear hub battles shrinking US demand, steep discounts, job cuts, and rising competition from global rivals
The commerce department is identifying 100 products with high import dependence but domestic capacity to promote Make in India, as India-EU FTA talks progress
August 2025 trade data: The trade deficit decreased 25.7 per cent to $26.59 billion in August against $35.64 billion last year
The commerce ministry's investigation arm DGTR has recommended imposition of an anti-dumping duty for five years on imports of glass fibre, used in various sectors, including electricals from China, Bahrain, Thailand, with an aim to guard domestic players from cheap inbound shipments. In its final findings, the Directorate General of Trade Remedies (DGTR) has concluded that the product has been exported to India at a price below the normal value, resulting in dumping. The recommended duty ranges between USD 194 per tonne and USD 394 per tonne. "The authority recommends imposition of anti-dumping duty" on the imports of the product from China, Bahrain and Thailand for a period of "five years," the DGTR has said in a notification. While the DGTR recommends the duty, the finance ministry takes the final decision to impose the same. In a separate notification, the DGTR said it has initiated a probe to review the need to continue imposition of anti-dumping duty on chemical used in adhe
The proposed safeguard duty of 12 per cent on the import of certain steel products is sufficient and the industry will approach the government again if it faces import-related challenges in future, industry leader Naveen Jindal said on Monday. The Directorate General of Trade Remedies (DGTR) has recommended final imposition of a safeguard duty on imports of certain flat steel products for three years to protect domestic manufacturers from a sudden jump in inbound shipments. The duty was recommended by the DGTR in its final findings of a probe initiated on a complaint by the Indian Steel Association. "We would have liked it to be 25 per cent (safeguard duty). But if in their wisdom, they (DGTR) have recommended 12 per cent...that is sufficient," Jindal told reporters on the sidelines of ISA Steel Conclave 2025 here. When asked if the 12 per cent duty is enough compared to countries like the US, which has imposed tariffs as high as 50 per cent, Jindal said DGTR looks at what kind of
Government pledges policy interventions and trade support to ease impact of 50% US tariffs
India unveiled its first Biofoundry Network with 21 facilities nationwide to drive biomanufacturing, support start-ups, reduce imports and advance the $300 billion bioeconomy target for 2030