Category : Trade & Export


India imposes 3-year safeguard duty on steel imports

India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.

Top 5 Gold Mining Countries in 2024

Gold prices hit record highs in 2024. Discover the top 5 gold-producing nations shaping global supply, from China to the US. Read the full analysis.

Ahmedabad firm in $1M Korea trade fraud probe

An Ahmedabad company is accused of a $1 million trade fraud against South Korea and customs duty evasion in India, using a Korean shell firm to route Chinese goods. KOTRA has alerted Indian agencies.

Pilot's $458K Pay Stub Sparks Online Debate

A viral pay stub shows an American Airlines captain earned $458,000 in a year. Discover how pilot salaries work, the factors behind high pay, and the intense online debate it ignited.

Russian Oil to India Plunges to 3-Year Low

India's Russian oil imports crash to a 3-year low of 1.1M bpd in Dec 2025 as US sanctions bite. Reliance pauses buys, state refiners tread cautiously. What's next for India's energy security? Read more.

US Gives Samsung, SK Hynix 2026 China Chip License

The US government has approved annual licenses for Samsung and SK Hynix to import chip equipment to China for 2026. This offers temporary relief but ends special waivers, adding new hurdles. Read the full details.

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