India will wait and watch the situation emanating from the imposition of additional import duties by the US on the global trade and not take any action in a hurry as America may itself face......
The government has reduced the tariff value for import of edible oil, including palm oil, by up to $112 per tonne, a move which experts said can lead to lower domestic prices. Photograph: Jason......
Amid short supply of gold in domestic market during the festival season, the government today hiked the import tariff value of gold to $442 per ten gram in line with global prices of the precious......
Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs......
Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao. Illustration: Dominic Xavier/Rediff ......
Finance Minister P Chidambaram on Thursday said customs duty cut on a number of items has been advanced, including edible oils, to curb high inflation. "We would have anyway done it on February......