Trump's 50% Tariff Batters Panipat's Textile Exports
Panipat's textile exporters face a severe crisis as Trump's 50% tariff slashes US orders. Industry leaders urge government intervention to save jobs and exports. Read more.
Category : Search result: import substitution
India imposes 3-year steel import duty to curb cheap shipments
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
Sangli probes Chinese raisins imported via Afghanistan
Sangli collector orders probe into 2000 tonnes of Chinese raisins imported via Afghanistan, repacked as Indian. Local farmers face huge losses. Strict action promised.
India's Petrochemical Demand to Grow 6-7% Annually
India's petrochemical consumption is set for robust 6-7% annual growth. Major capacity expansion will reduce import dependence, boosting self-reliance. Read the full analysis.
India's drug regulator cancels import licence of QR678 Neo
India's drug regulator CDSCO cancels the import licence of hair-loss product QR678 Neo for making false therapeutic claims while registered as a cosmetic. Learn the details and regulatory implications.
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.
Himachal MLA Seeks PM's Help on Apple Import Duty Cut
Former HPCC chief Kuldeep Rathore meets Governor, urges PM Modi to reverse 50% to 25% apple import duty cut under NZ trade pact, fearing massive losses for state's horticulture sector.
Dixon Tech Shares Extend Losses to 6th Session, Hit 4-Month Low
Dixon Technologies shares fell 4% to ₹11,821, marking a six-session losing streak. Morgan Stanley's 'Underweight' rating and import norm concerns drive a 35% decline since September. 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.
Hong Kong Director Held in ₹30 Crore Customs Duty Evasion Case
DRI arrests Hong Kong supplier's director in a ₹30 crore luxury furniture import fraud. Third arrest in the case involving undervaluation and document manipulation. Read the full investigation details.
Steel expansion hit by policy mismatch on key input: GTRI
A GTRI report warns India's steel capacity expansion is under pressure as import curbs on low-ash metallurgical coke raise input costs, hurting competitiveness. Experts call for policy recalibration.
Himachal Minister Condemns Apple Import Duty Cut to 25%
Himachal Education Minister Rohit Thakur condemns the Centre's decision to slash import duty on NZ apples from 50% to 25%, warning it threatens the state's Rs 5,000-crore apple economy.
India Announces Reforms to Simplify Import Checks
India unveils major reforms to simplify import inspections, a key move to boost trade and secure a long-awaited free trade agreement with the United States. Learn the details.
China Files WTO Complaint Against India's Solar, IT Measures
China has initiated a formal dispute at the World Trade Organization against India's import restrictions in the solar and IT sectors. This move escalates trade tensions between the two Asian giants. Read the full analysis.
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.
Rupee Depletion Aids Jaipur Jewellery Exporters Against US Tariffs
A weaker rupee brings some relief to Jaipur's studded jewellery exporters facing steep 50% US import duties. However, high costs and currency volatility continue to challenge competitiveness against hubs like Bangkok. Read the full analysis.
India, New Zealand Aim to Double Trade in 5 Years
GTRI think tank urges India and New Zealand to double bilateral trade to $2.6B in five years via a new FTA, focusing on tariffs, agriculture, and services. Key sectors include textiles, pharma, and education.
India's US Exports Hit by Tariffs, Show Mixed Recovery Pattern
A new study reveals 85% of India's exports to the US faced a sharp decline followed by partial recovery after tariff hikes. Key sectors like chemicals and textiles impacted. Explore the data and India's export resilience.
US Cotton Imports Soar After India Scraps 11% Duty
India's cotton imports from the US skyrocketed after the 11% duty was removed, causing domestic prices to fall. CCI's low procurement adds to farmer distress. Full analysis inside.
Delhi HC Asks Customs to Respond to IndiGo's Rs 900 Cr Plea
Delhi High Court directs customs authorities to respond to IndiGo's petition seeking a refund of over Rs 900 crore in import duty. The case involves aircraft engines and parts. Read the latest developments.
Govt Imposes Price Floor on Drug APIs to Curb Cheap Imports
Himachal Pradesh govt introduces Minimum Import Price on potassium clavulanate & intermediates till Nov 2026 to shield Indian API makers from cheap Chinese imports. Read details.
US Inflation Dips to 2.7%, Economists Warn of Data Distortion
US inflation cooled more than expected in November to 2.7%, but economists warn the recent federal shutdown distorted data. Most Americans still feel the pinch of high prices. Read the full analysis.
Sitharaman: Global trade weaponized via tariffs, India cautious
Finance Minister Nirmala Sitharaman warns trade is being weaponized through tariffs. India must negotiate carefully in a changing global environment amid US and Mexico tariff actions.
Smartphone, TV Prices to Rise 6-9% by 2026
Your next smartphone and TV could cost 6-9% more by 2026. A new 10% import duty on key components is set to increase manufacturing costs, impacting major brands. Find out how this will affect your wallet.
India's Exports Jump 19.37%, Trade Gap Narrows
India's merchandise exports hit a six-month high in November 2025, rising 19.37%. Imports fell, shrinking the trade deficit to a five-month low. Read the full analysis.
Falling Rupee Fuels Inflation, Makes Imports Costlier
The Indian rupee's sharp fall against the US dollar is driving up import costs and inflation. Experts analyze the impact on fuel, edible oils, and the broader economy. Read more.
India's Arecanut Imports Hit 42,230 Tonnes: Goyal
Union Minister Piyush Goyal reveals India imported 42,230 tonnes of arecanut last fiscal. While export value rose 35.69% in a decade, volume remains stagnant. Get the full analysis.
Kuwait bans commercial pet imports to control stray animals
Kuwait imposes a nationwide ban on commercial dog and cat imports to address its stray animal problem. Citizens allowed one personal pet import per year. Read details.
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