The EU is challenging the introduction of import duties on a wide range of ICT products, for instance mobile phones and components, base stations, integrated circuits and optical instruments
These new tariffs were imposed by Trump on all countries, including India, on February 24 for 150 days following a Supreme Court verdict that struck down his earlier sweeping levies.
Ahead of the crucial meeting of the Cabinet Committee on Prices for considering options to tame rising inflation, Commerce and Industry Minister Kamal Nath said on Monday the government is looking at further cuts in duties on import of essential commodities. "Yes, we are looking at further cuts. There is increase in international oil prices and it has to be met with import duty caliberation which we are considering," Nath told reporters in New Delhi.
The Centre has granted a six-month extension to the Commission of Inquiry investigating the 2023 Manipur violence, pushing the deadline for its report to November 20. This marks the fifth extension for the panel, which was formed in June 2023 to probe the ethnic clashes that resulted in over 260 deaths.
The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.
Environmentalist Sonam Wangchuk has voiced his support for the online 'cockroach' movement, urging the government to engage with the concerns raised by youngsters instead of suppressing their digital expression. He described himself as an 'honorary cockroach' and praised the movement's creative and non-violent approach to dissent.
The govt is increasing the duty to 15 per cent from the existing 10 per cent.
With the United States adopting protectionist policies and hiking import duties, a trade war like situation has emerged.
India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.
The Reserve Bank too imposed a series of curbs to restrict gold imports.
The Madhya Pradesh High Court has declared the disputed Bhojshala complex in Dhar to be a temple dedicated to Goddess Saraswati, suggesting the Muslim community seek land elsewhere for a mosque.
India has completely protected the interests of its agriculture and dairy sector in the India-US trade agreement.
An underwhelming thriller that never quite hits a home run, despite a solid John Krasinski doing his best, observes Mayur Sanap.
US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.
'At the first sign of real trouble, that money will move. There will be a run.'
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.
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
Inflation data, trading activity of foreign investors and global trends would dictate sentiment in the stock market this week, according to analysts.
Royal Challengers Bengaluru's director of cricket, Mo Bobat, attributes the team's IPL success to a 'hunter mindset' that prevents complacency after their previous trophy win. This psychological shift has been key to maintaining motivation and focus.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
BJP MP Abhijit Ganguly has alleged lapses in the CBI probe into the rape and murder of a doctor at RG Kar hospital, demanding an investigation into the role of a senior agency officer. Ganguly claims crucial aspects were not examined, including a sealed room and a staircase allegedly used to move the body. He also referenced a video allegedly suppressed by the CBI officer.
The Supreme Court of India has permitted euthanasia for rabid, incurably ill, or demonstrably dangerous stray dogs to mitigate the threat to human life. The ruling includes several directives to manage the rising stray dog population, emphasising public safety and animal welfare.
As many as 17 cancer drugs, along with medicines and food for special medical needs for seven rare diseases, components for microwave ovens are some of the items that are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2026-27.
The verdict marks a notable shift from a series of recent wins for Trump at the Supreme Court.
Gold imports in 2011-12 amounted to $56.5 billion and in the current financial year, till December, they are estimated at $38 billion.
Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.
The Uttarakhand High Court has ruled that a father cannot avoid his responsibility to provide maintenance for his minor child by claiming the mother's income or his own financial obligations.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
Punjab Kings paid the price for sloppy fielding and dropped catches in a defeat to Sunrisers Hyderabad, with Irfan Pathan criticising their costly errors in IPL 2026.
Prime Minister Narendra Modi on Tuesday announced the signing of the India-EU Free Trade Agreement (FTA), saying it accounts for 25 per cent of global GDP and one-third of global trade.
India and New Zealand are poised to sign a free trade agreement (FTA) on April 27 in New Delhi, aiming to provide tariff-free access for Indian goods to New Zealand's market and attract USD 20 billion in investment over the next 15 years.
The steel ministry has recommended 10 per cent import duty on the alloy in the forthcoming Budget to protect the interest of the domestic industry, sources said.
Mexico on Thursday imposed a tariff of up to 50 per cent on imports from its non-preferential trade partners, including India, a move that might hit New Delhi's annual $5.75 billion shipments to its third-largest car export market.
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).
Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.
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.
Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.
