News for 'import duties'

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.

Reduce import duty to 5%: FIEO

Reduce import duty to 5%: FIEO

Rediff.com30 Jan 2006

Apex exporters' body FIEO has sought reduction in import duty on capital goods to 5 per cent from the present 15 per cent to help Indian manufacturers compete in the global market.

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.

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.

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

Rediff.com26 Feb 2024

Vietnam-based electric vehicle maker VinFast, a rival of Tesla in the global market, has set foot in India and began work on building its Rs 16,000 crore EV manufacturing facility at Thoothukudi in Tamil Nadu. The company has already sought a reduction in import duties on its cars for about two years until customers get familiar with the brand and its unit in the state. The global major kicked off the construction of the first phase of its integrated EV hub, which may see Rs 4,000 crore of investment initially and will create more than 10,000 jobs.

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.

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.

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.

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.

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.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com19 May 2026

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com13 May 2026

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

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.

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Cut in gold import duty unlikely before Budget

Cut in gold import duty unlikely before Budget

Rediff.com4 Dec 2014

Any revision in gold import duty is unlikely to take place before the Budget, says finance ministry official.

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.

Avoid destination weddings, prefer online classes: Modi continues austerity push

Avoid destination weddings, prefer online classes: Modi continues austerity push

Rediff.com11 May 2026

Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.

India-US Trade Rift Deepens Over Section 301 Hearings

India-US Trade Rift Deepens Over Section 301 Hearings

Rediff.com22 May 2026

American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.

'I Tried To Initiate Closeness But She Seemed Uncomfortable'

'I Tried To Initiate Closeness But She Seemed Uncomfortable'

Rediff.com20 May 2026

rediffGURU Anu Krishna, mind coach and co-founder of Unfear Changemakers, tells you how you can fix emotional distance in a relationship.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com22 May 2026

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

Bengaluru Man Booked For Obstructing Census Officials

Bengaluru Man Booked For Obstructing Census Officials

Rediff.com25 Apr 2026

A resident of Bengaluru has been booked for allegedly obstructing and verbally abusing female officials engaged in the National Census-2027 work. The incident occurred in Ward No 43, R T Nagar area, between April 20 and April 25. The accused refused to provide census information and verbally abused the officials. A case has been registered under relevant sections of the Bharatiya Nyaya Sanhita, and investigations are ongoing.

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

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

How Young Players Sparked Kohli's Batting Reinvention In IPL 2026

How Young Players Sparked Kohli's Batting Reinvention In IPL 2026

Rediff.com1 Jun 2026

Virat Kohli credits the influence of young players for his T20 reinvention and fastest IPL fifty, leading Royal Challengers Bengaluru to their second successive trophy. He highlights the team's depth and shared responsibility in securing the IPL title.

From 18% to 10%: Trump's new global levy brings relief for India

From 18% to 10%: Trump's new global levy brings relief for India

Rediff.com21 Feb 2026

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.

Cheaper Harleys Likely To Test Enfield's Pricing Power

Cheaper Harleys Likely To Test Enfield's Pricing Power

Rediff.com19 Feb 2026

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.

Why Rachin Ravindra suddenly left KKR mid-season

Why Rachin Ravindra suddenly left KKR mid-season

Rediff.com15 May 2026

Kolkata Knight Riders confirm Rachin Ravindra's departure to prepare for New Zealand's Test tour of England, impacting KKR's squad balance in a crucial phase of the IPL season.

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.

How Tim Cook transformed Apple's India strategy into a global manufacturing success

How Tim Cook transformed Apple's India strategy into a global manufacturing success

Rediff.com29 Apr 2026

Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

Rediff.com8 Apr 2026

India's sugar consumption is projected to fall by nearly 400,000 tonnes in the 2025-26 season, primarily due to the ongoing liquefied petroleum gas (LPG) shortage exacerbated by the West Asia conflict and unseasonably cool weather.

Aadhaar not proof of citizenship, says SC in SIR ruling

Aadhaar not proof of citizenship, says SC in SIR ruling

Rediff.com27 May 2026

The Supreme Court of India has upheld the Election Commission's documentation framework for the Special Intensive Revision of electoral rolls, affirming the commission's authority and stating that Aadhaar is not proof of citizenship.

'Saif Ali Khan Is Angrez, But When He's Performing...'

'Saif Ali Khan Is Angrez, But When He's Performing...'

Rediff.com18 May 2026

'He is 500 times better than you think he is.'

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.

IPL 2026: How Klaasen Became SRH's Mr Indispensable

IPL 2026: How Klaasen Became SRH's Mr Indispensable

Rediff.com23 May 2026

Heinrich Klaasen has emerged as the cornerstone of Sunrisers Hyderabad's batting lineup in IPL 2026, consistently delivering impactful performances and justifying his hefty price tag.