News for 'import duties'

Amazon seeks cut in import duty on tablets

Amazon seeks cut in import duty on tablets

Rediff.com18 Oct 2015

Amazon plans to bring in its cheapest e-book reader maybe by the next year

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Rediff.com15 Jun 2026

The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.

'Two flags, one heart': Khedira's beautiful message on brothers split at World Cup

'Two flags, one heart': Khedira's beautiful message on brothers split at World Cup

Rediff.com24 Jun 2026

Germany's 2014 World Cup winner Sami Khedira sees no identity crisis in his brother Rani playing for Tunisia at FIFA World Cup 2026.

India, US 'Very Close' to Historic Trade Deal

India, US 'Very Close' to Historic Trade Deal

Rediff.com24 Jun 2026

The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.

Stock markets today: Sensex, Nifty tank as US-Iran uncertainty, crude oil prices weigh on investor sentiment

Stock markets today: Sensex, Nifty tank as US-Iran uncertainty, crude oil prices weigh on investor sentiment

Rediff.com3 Jun 2026

Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.

Insurgents Abduct Four Policemen In Balochistan's Gwadar

Insurgents Abduct Four Policemen In Balochistan's Gwadar

Rediff.com4 Jun 2026

Suspected insurgents have abducted four policemen and their official vehicle in Gwadar, Balochistan, a sensitive region vital to the China-Pakistan Economic Corridor. A search operation is underway, with initial investigations suggesting the police were involved in illegal detentions. The incident occurs amidst ongoing anti-terror operations and recent attacks in the province.

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Rediff.com25 Jun 2026

A Delhi Motor Accident Claims Tribunal has awarded over 2.46 crore to Lakhpat Singh, a Marine Commandos (MARCOS) diver, who suffered 88 per cent permanent disability in a 2018 road accident, severely impacting his ability to continue his specialised military career.

Chemicals: Expect import duty reduction on feedstock

Chemicals: Expect import duty reduction on feedstock

Rediff.com24 Feb 2016

In 2015, India chemicals industry had a market size of $144 billion.

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

Rediff.com1 Jun 2026

India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Dawoodi Bohra verdict row: HC ex-judge Patel gets security cover

Dawoodi Bohra verdict row: HC ex-judge Patel gets security cover

Rediff.com15 Jun 2026

Retired Judge Gautam Patel and his family, getting threatening letters over his 2024 verdict on the succession row in the Dawoodi Bohra community, have been provided police protection, the Maharashtra government on Monday told the Bombay high court.

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Rediff.com18 Jun 2026

Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Rediff.com3 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com31 May 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

Slash import duty on cars, spares: Ratan Tata

Slash import duty on cars, spares: Ratan Tata

Rediff.com13 Jun 2011

At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-European Union Free Trade Agreement, Tata Group chairman Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas.

No immediate plan to cut gold import duty: Minister

No immediate plan to cut gold import duty: Minister

Rediff.com10 Sep 2014

The government and the Reserve Bank had also imposed certain other restrictions on its shipments, including linking of imports to exports to prevent outgo of the foreign exchange.

India, US to Sign Trade Agreement by Mid-March

India, US to Sign Trade Agreement by Mid-March

Rediff.com5 Feb 2026

India and the US are expected to sign the first phase of a bilateral trade agreement by mid-March, which will result in the US lowering import duties on Indian goods. India will then begin reducing import duties on certain US goods.

India, US to Sign Trade Agreement by Mid-March

India, US to Sign Trade Agreement by Mid-March

Rediff.com5 Feb 2026

India and the US are expected to sign the first phase of a bilateral trade agreement by mid-March, which will result in the US lowering import duties on Indian goods. India will then begin reducing import duties on certain US goods.

Govt considers more import duty cuts: Nath

Govt considers more import duty cuts: Nath

Rediff.com31 Mar 2008

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.

Gram Chikitsalay Season 2 Review: A Heartwarming Upgrade Within Panchayat's Shadow

Gram Chikitsalay Season 2 Review: A Heartwarming Upgrade Within Panchayat's Shadow

Rediff.com24 Jun 2026

Gram Chikitsalay Season 2 returns with a confirmed connection to Panchayat universe and a more heartwarming narrative, observes Sreeju Sudhakaran.

EU drags India to WTO over import duties on ICT products

EU drags India to WTO over import duties on ICT products

Rediff.com2 Apr 2019

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

Sugar imports set to stop after import duty hike

Sugar imports set to stop after import duty hike

Rediff.com5 Jul 2013

The govt is increasing the duty to 15 per cent from the existing 10 per cent.

Property Ownership Hinges On Funding

Property Ownership Hinges On Funding

Rediff.com16 Jun 2026

Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.

India hits back at US, hikes import duty on 29 products

India hits back at US, hikes import duty on 29 products

Rediff.com21 Jun 2018

With the United States adopting protectionist policies and hiking import duties, a trade war like situation has emerged.

No plan to cut gold import duty: FinMin

No plan to cut gold import duty: FinMin

Rediff.com7 Feb 2014

The Reserve Bank too imposed a series of curbs to restrict gold imports.

New baggage rules come into effect; duty-free limit hiked

New baggage rules come into effect; duty-free limit hiked

Rediff.com3 Feb 2026

The new baggage rules, 2026, come into effect from midnight on February 2 and replace a decade-old baggage rule.

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Rediff.com15 Jun 2026

Israel's Defence Minister Israel Katz declared that the Israeli military will not withdraw from its security zones in Lebanon, Syria, and Gaza, directly opposing the newly announced American-led diplomatic framework with Tehran. National Security Minister Itamar Ben-Gvir further asserted Israel's sovereignty, stating, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!"

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Rediff.com17 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com14 May 2026

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

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 exporters may not get US tariff refunds

Indian exporters may not get US tariff refunds

Rediff.com30 Apr 2026

Indian exporters are unlikely to receive direct tariff refunds from the US's $166 billion payout, but the rollback of reciprocal duties is enhancing their pricing power and improving order prospects, particularly in textiles, apparel, and engineering goods.

BJP's New Game: Political Engineering

BJP's New Game: Political Engineering

Rediff.com22 Jun 2026

Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Govt hikes import duty on gold, platinum to 6%

Govt hikes import duty on gold, platinum to 6%

Rediff.com21 Jan 2013

Gold imports in 2011-12 amounted to $56.5 billion and in the current financial year, till December, they are estimated at $38 billion.

Builder Duped Of 18 Lakh On Loan Promise In Thane

Builder Duped Of 18 Lakh On Loan Promise In Thane

Rediff.com22 May 2026

A builder and two others were allegedly duped of 18.19 lakh by two individuals in Thane, Maharashtra, who promised to secure business loans for them.

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

High Spirits: Liquor Brands Bet On Premium Buzz In Hindi Heartland

Rediff.com16 Jun 2026

Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.

Budget 2012: Doubling of import duty to 10% likely

Budget 2012: Doubling of import duty to 10% likely

Rediff.com14 Mar 2012

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.

Non ferrous metals: Import duties on aluminum, zinc raised

Non ferrous metals: Import duties on aluminum, zinc raised

Rediff.com2 Mar 2016

The doubling of Clean Energy Cess from Rs 200 to 400 per tonne would further increase the input cost for domestic producers.