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Sunday, November 3, 2024
TopicImport duties

Topic: Import duties

Palm oil duty cut to reduce prices will fry domestic potential, self-reliance, say producers

Govt reduced import duty on palm oil earlier this month to bring down retail prices. Some oil and farm associations say it contradicts govt’s vision of 'Atmanirbhar Bharat'.

Indian steel industry was heavily protected, but Budget 2021 has changed that. Here’s why

Steel prices have surged, affecting Modi govt’s infrastructure push. Now, it has reduced duties to facilitate imports despite ‘atmanirbhar’ mission.

Auto parts, footwear, chargers, oil — Chinese products flooding India illegally, govt finds

A group of ministers set up to promote Indian manufacturing has flagged various ways through which Chinese goods are evading duties and other restrictions.

Farmers unhappy as govt decides to lower maize & milk import duty amid falling local prices

The government has allowed import of 5 lakh MT of maize and 10,000 MT of milk under reduced duties, cites commitment to WTO. 

Import duties on solar equipment will delay Modi govt’s renewable goals

A 25 per cent duty on solar equipment imported from China and Malaysia has been imposed.

India defers retaliatory tariffs on US imports keeping door open for agreement

The move comes as an opportunity for an agreement to avert a trade war between the two nations.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.