News for 'import duties'

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

Duty on gold, silver, non-essential imports to go up

Duty on gold, silver, non-essential imports to go up

Rediff.com12 Aug 2013

The interest on foreign currency non-resident accounts has been liberalised to attract more deposits.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

Crude palm oil rates on boil, FMCG prices move north

Crude palm oil rates on boil, FMCG prices move north

Rediff.com28 Oct 2024

With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers. Crude palm oil, one of the main ingredients in the manufacture of some consumer goods, saw a price rise of 45.2 per cent in the last three months. One of the country's largest consumer companies, Hindustan Unilever, said it has already started to take price increases in the skin cleansing category.

'Gen Z Want Radical Change In Nepal'

'Gen Z Want Radical Change In Nepal'

Rediff.com11 Sep 2025

'They mean business, but business as usual is unacceptable to them'

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Rediff.com8 Aug 2025

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.

Budget 2024: Gold prices crash by Rs 3,350

Budget 2024: Gold prices crash by Rs 3,350

Rediff.com23 Jul 2024

Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the yellow metal and silver to 6 per cent.

India plans massive duty cut on Pakistan textile imports

India plans massive duty cut on Pakistan textile imports

Rediff.com17 Jul 2013

Currently, India imposes 30-45 per cent duty on textile products from Pakistan.

UP: Outsiders banned from camps set up for kanwariyas

UP: Outsiders banned from camps set up for kanwariyas

Rediff.com9 Jul 2025

A senior Uttar Pradesh government official has issued directives to ensure the safe and smooth completion of the Kanwar Yatra, including banning outsiders from entering camps, enforcing a ban on single-use plastic, and providing basic facilities to kanwariyas.

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Rediff.com29 Apr 2025

Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.

Voter Deletions: RaGa's Charges Vs ECI Rebuttal: Who's Right?

Voter Deletions: RaGa's Charges Vs ECI Rebuttal: Who's Right?

Rediff.com19 Sep 2025

Does voter deletion controversy expose critical gaps in ECI verification procedures and safeguards protecting electoral roll integrity?

'My opponent is quintessential RSS man, I am far away from it'

'My opponent is quintessential RSS man, I am far away from it'

Rediff.com23 Aug 2025

'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'

How To Answer 'Are You Married' And More Tricky Job Qs

How To Answer 'Are You Married' And More Tricky Job Qs

Rediff.com29 Aug 2025

Career gaps and marital status don't have anything to do with your commitment or capability, says Shruti Swaroop, founder of Embrace Consulting and co-founder of International Inclusion Alliance.

Traders want reduction in duty on chana, govt says no

Traders want reduction in duty on chana, govt says no

Rediff.com17 Oct 2020

Chana is majorly imported from Australia and Tanzania and it attracts an import duty of 60 per cent. A section of the traders is demanding a reduction in import duty to around 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

India Eyes Bigger Share Of US Electronics Market

India Eyes Bigger Share Of US Electronics Market

Rediff.com20 Mar 2025

In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.

Trump Is Winning Tariff War Hands Down

Trump Is Winning Tariff War Hands Down

Rediff.com18 Aug 2025

Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.

Law College rape: Kolkata court issues first-of-its-kind order

Law College rape: Kolkata court issues first-of-its-kind order

Rediff.com6 Aug 2025

In what is being claimed as a first-of-its-kind order by a court in Kolkata, all four accused in the South Calcutta Law College rape case were remanded to police custody for an additional period of three days, 39 days after they were first arrested.

White House releases order imposing 25% tariffs on India

White House releases order imposing 25% tariffs on India

Rediff.com1 Aug 2025

The United States announced a 25 per cent tariff on India as the White House released an expansive list of duties that Washington, DC will impose on exports from countries around the world.

India, US trade talks to start from April 23 in Washington

India, US trade talks to start from April 23 in Washington

Rediff.com23 Apr 2025

Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.

People must decide if leaders should govern from jail: Amit Shah

People must decide if leaders should govern from jail: Amit Shah

Rediff.com20 Aug 2025

Union Home Minister Amit Shah introduced bills in Lok Sabha addressing the removal of arrested PMs, CMs, and ministers, sparking opposition protests. Shah emphasized the need for public decision on whether leaders should govern from jail, criticizing the Congress party's stance on the matter.

Govt rules out further duty hike on gold imports

Govt rules out further duty hike on gold imports

Rediff.com13 Jun 2013

Huge gold imports have put pressure on the country's Current Account Deficit, which in turn is affecting the value of rupee.

Controversial Islamic preacher Zakir Naik meets Pak PM

Controversial Islamic preacher Zakir Naik meets Pak PM

Rediff.com3 Oct 2024

Naik arrived in Pakistan at the invitation of the government on a month-long visit during which he will deliver lectures in major cities, including Karachi, Islamabad and Lahore.

Jayant Narlikar: A Voice That Lit The Cosmos

Jayant Narlikar: A Voice That Lit The Cosmos

Rediff.com22 May 2025

'When Dr Murli Manohar Joshi wanted to start a course on astrology, Jayant was the first one to have the courage to stand up and say astrology is not science.' 'That's a very rare quality -- to stand up to authority.'

'To Have Your Husband Beside You As A Pillar Is Most Important For A New Mother'

'To Have Your Husband Beside You As A Pillar Is Most Important For A New Mother'

Rediff.com13 Jan 2025

'Mental and physical health is very important as far as new mothers are concerned. You cannot ignore it.'

India's export performance remains uninspiring amid weak global position

India's export performance remains uninspiring amid weak global position

Rediff.com7 Apr 2025

March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment. In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India's share in world exports from 2 per cent to 3.5 per cent.

Ahimsa Fellowship: How To Earn A Rs 20K Stipend

Ahimsa Fellowship: How To Earn A Rs 20K Stipend

Rediff.com17 Jun 2025

The Ahimsa Fellowship 2025 is an 8-month full-time opportunity for graduates designed to create a network of effective animal protection leaders.

Global majors keen to make e-cars in India; Tesla quiet

Global majors keen to make e-cars in India; Tesla quiet

Rediff.com4 Jun 2025

Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.

Will Indian exporters gain from US-China trade war?

Will Indian exporters gain from US-China trade war?

Rediff.com4 Feb 2025

The trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, sources said. They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure.

SC takes up case over ED summoning senior lawyers

SC takes up case over ED summoning senior lawyers

Rediff.com9 Jul 2025

The Supreme Court has initiated a suo motu case regarding investigation agencies summoning lawyers and will examine if they can be put to notice. The action follows the Enforcement Directorate summoning senior lawyers, which was condemned by bar associations.

Dhadak 2 Review: Must Watch!

Dhadak 2 Review: Must Watch!

Rediff.com1 Aug 2025

After a long time, here's a film that does justice to the people whose stories are never heard or written about, notes Divya Nair.

US reciprocal tariffs to have limited impact on India: S&P

US reciprocal tariffs to have limited impact on India: S&P

Rediff.com19 Feb 2025

S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.

Gold jewellery import dips

Gold jewellery import dips

Rediff.com31 Dec 2013

Govt clamps have resulted in 93% decline in April-November

Tariff war: RBI more worried about its impact on growth than inflation

Tariff war: RBI more worried about its impact on growth than inflation

Rediff.com9 Apr 2025

Amid the ongoing global tariff war, Reserve Bank Governor Sanjay Malhotra on Wednesday said he is more worried about its impact on growth than inflation. Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.

Piyush Goyal to lead team to Washington for trade talks

Piyush Goyal to lead team to Washington for trade talks

Rediff.com14 May 2025

Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 16 for discussions with their US counterparts on the proposed bilateral trade agreement (BTA), an official said on Tuesday. Goyal is expected to hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit.

'Despite Massive Success, We Know So Little About Him'

'Despite Massive Success, We Know So Little About Him'

Rediff.com18 Aug 2025

'If you watch songs like Acha Ji Main Haari Chalo Maan Jao Na, Lag Ja Gale or Jhumka Gira Re, you'll notice they're not just a distraction. There's a story unfolding within them.'

Tesla Hits Indian Roads But Misses Mass Appeal

Tesla Hits Indian Roads But Misses Mass Appeal

Rediff.com29 Jul 2025

Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.

Budget 2025: Consumption-related stocks likely to see further gains

Budget 2025: Consumption-related stocks likely to see further gains

Rediff.com3 Feb 2025

Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.

How Modi Changed Indian Politics

How Modi Changed Indian Politics

Rediff.com17 Sep 2025

In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.

'China Is Scared Of The Dalai Lama'

'China Is Scared Of The Dalai Lama'

Rediff.com6 Jul 2025

'Although China has been ruling over Tibet for past 75 years, it has no legitimacy.'