The United States has announced a preliminary countervailing duty of 125.87 per cent on imports of certain Indian solar goods, alleging unfair subsidisation. This move could impact India's renewable energy sector and its efforts to boost domestic solar manufacturing.
Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.
The new baggage rules, 2026, come into effect from midnight on February 2 and replace a decade-old baggage rule.
India has fully protected its sensitive sectors like dairy, rice, wheat, pulses, tea, genetically modified (GM) goods, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the Commerce Ministry.
Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.
The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.
Analysts have sharply reduced cigarette maker ITC's earning estimates for the next two years, fearing a significant dent in the company's profitability and margins. This is owing to a steep hike in excise duty on tobacco by the government.
Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).
A security supervisor in Thane was arrested by the Anti-Corruption Bureau for allegedly demanding and accepting a bribe from security guards under his supervision.
India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.
Indian Army's White Knight Corps assault dog 'Tyson' is recovering well after taking the first bullet during Operation Trashi-1.
Quota-based duty concessions granted by India to New Zealand for apples, kiwifruit, and Manuka honey are linked to the delivery of agriculture productivity action plans committed by the island country under the free trade agreement.
Zampella was reportedly driving a Ferrari south along the Crest Highway when the accident occurred. While the video game creator died on the scene in the fire, another passenger was subsequently pronounced dead at a hospital.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
The tariff removal will lower prices of Harley's large-displacement imported motorcycles, which retail between 14.5 lakh and 45.8 lakh but after the duty cut volumes are expected to remain modest.
'Engaged in very fruitful discussions to expand our trade and economic partnership.'
The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments - crawler excavators and tower cranes - as Chinese companies are rapidly expanding their presence in these markets in India through 'predatory' pricing supported by lower raw material costs, substantial export subsidies, and extended credit schemes, said Sorab Agarwal, executive director at Action Construction Equipment (ACE).
India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.
Additional Sessions Judge Amit Bansal directed the stay after the Delhi Police challenged the bail order by Duty Magistrate Vanshika Mehta, and listed the matter on March 6 for further proceedings.
US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.
The Kerala High Court has overturned a single judge's order that had put a 15-day hold on the screening of 'The Kerala Story 2-Goes Beyond,' paving the way for the film's release.
A salute to the brave military dogs who have faced enemy fire and made the supreme sacrifice in the service to the nation.
Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
The Delhi Police arrested four IYC workers and booked them at Tilak Marg Police Station under multiple provisions, including criminal conspiracy, unlawful assembly, assault on public servants, obstruction of duty, and disobedience to orders promulgated by public authorities.
A Delhi court has criticized the conduct of Indian Youth Congress workers who protested at the AI Impact Summit venue, stating their actions were not legitimate dissent but a 'blatant assault on public order' that also harmed the country's diplomatic image.
Microsoft on Friday named Indian-origin Asha Sharma Executive Vice President and CEO of Microsoft Gaming, handing her control of the Xbox business.
The West Bengal government has filed FIRs against five state government employees for alleged lapses in electoral roll revisions, following an Election Commission ultimatum. The action comes after the EC directed the state to initiate criminal cases against the accused for adding fictitious names to voter lists.
InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.
Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.
UK police continue their investigation into allegations of misconduct in public office against Prince Andrew, including searching his former home at Royal Lodge. The investigation follows the release of files related to Jeffrey Epstein and focuses on potential breaches during Andrew's time as UK Trade Envoy.
A group of khair smugglers in Bilaspur, Himachal Pradesh, attempted to crush a forest department team after being intercepted. The smugglers were arrested and a case has been registered against them.
The Supreme Court has initiated suo motu action regarding an NCERT class 8 textbook that references corruption in the judiciary, raising concerns about potential defamation and the integrity of the judicial system.
Two cases have been registered against four individuals for allegedly tampering with timing equipment during the physical tests for police recruitment in Mumbai.
India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."
Commerce and Industry Minister Piyush Goyal announced that an interim trade agreement between India and the US is likely to be signed in March and operationalised in April, with chief negotiators meeting in Washington to finalize the details.
Standing near the train door, the passenger lost his balance while the train was crossing a bridge over the Vaitarna river and plunged into the water.
CRPF personnel paid solemn tribute to the 40 martyrs on the 7th anniversary of the Pulwama terror attack at Lethpora. The commemoration ceremony included wreath-laying, moments of silence, and heartfelt tributes to the brave jawans who made the ultimate sacrifice on February 14, 2019.
Priyanka Chopra and Nick Jonas get romantic at the Los Angeles premiere of her new film, The Bluff.
Trump administration will use "alternative legal authorities" to enforce tariffs on the countries, assuring that the tariff revenue will remain unchanged.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
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