Category : Search result: import reduction


Auto Firms Seek EV Curbs in India-EU Trade Deal

As India-EU FTA talks intensify, local automakers urge strict rules to prevent Chinese EVs from entering India via Europe at lower duties. Learn about the industry's demands for price thresholds and local value addition.

US Cattle Futures Soar to 3-Month High Amid Supply Squeeze

Chicago Mercantile Exchange cattle futures surged to their highest since October on strong cash prices and tight US supplies. The US continues to block Mexican cattle imports due to screwworm fears, pressuring meatpacker margins. Get the full analysis.

Indian Oil Price Drops Below $60/Barrel

India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.

Steel Prices Jump After New Import Duty, Construction Hit

India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.

India's R&D, Mineral Neglect Led to Pax Silica Exclusion

India's exclusion from the US-led Pax Silica initiative highlights decades of underinvestment in R&D and mineral exploration. To be a global player, India must urgently boost innovation and unlock its buried mineral wealth. Read the analysis.

India Rice Export Prices Reach 3-Month Peak

India's rice export prices surge to a near three-month high of $360 per ton. Bangladesh approves 50,000-ton import from India. Global demand remains weak. Get the full market analysis.

Tata Steel Rallies 8% on Govt's Steel Duty Extension

Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.

India's Oil Import Bill Falls 12% as Crude Prices Dip

India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.

EV Makers Want Rare Earth Magnet Import Extension to 2027

India's top electric bus and truck manufacturers plan to request a one-year extension on import exemptions for rare earth magnet motors under the PM E-Drive scheme, citing persistent supply disruptions from China. Read more.

China Launches WTO Dispute Against India on Trade Duties

China initiates a WTO trade dispute against India, challenging import duties on solar cells and IT goods. This move escalates bilateral trade tensions and could impact India's green energy goals. Read more for details and analysis.

Rupee Supported by Weak Dollar, Capped by Importer Demand

The Indian rupee finds support from a softer US dollar but faces resistance as importers seize the rally to hedge. Key levels and central bank intervention shape the near-term outlook. Get the latest market insights.

CII's 50-Product Plan to Boost Manufacturing, Jobs

CII President Rajiv Memani proposes a targeted strategy focusing on India's 50 most imported goods to boost manufacturing, create jobs, and calls for enhanced disinvestment to fund infrastructure. Read the full plan.

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