Import Duties

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Import Duties - Total results - 16
India takes US to WTO's safeguard committee for hiking duties on steel, aluminium derivatives
Business

India takes US to WTO's safeguard committee for hiking duties on steel, aluminium derivatives

India has sought consultations with the US, under the WTO's safeguard agreement, against American authorities'' decision to increase import duties on derivatives of steel and aluminium products

Mike Pompeo arrives in India: Trade, e-commerce disputes likely to top US Secretary of State's New Delhi agenda
Business

Mike Pompeo arrives in India: Trade, e-commerce disputes likely to top US Secretary of State's New Delhi agenda

Mike Pompeo is expected to lay the ground for a meeting between US President Donald Trump and Indian Prime Minister Narendra Modi later in the week at a G20 meeting in Japan.

Union Budget 2019: Steel ministry seeks higher import duties on finished products to deter Chinese imports
Business

Union Budget 2019: Steel ministry seeks higher import duties on finished products to deter Chinese imports

India’s steel ministry has sought an immediate increase in import duties on finished steel products to 15 percent from a range of 7.5 percent to 12.5 percent, citing a threat from Chinese imports and excess global capacity, an internal note reviewed by Reuters showed

Union Budget 2019: Indirect taxes imposed by govt to generate revenue; levied equally upon all taxpayers
Business

Union Budget 2019: Indirect taxes imposed by govt to generate revenue; levied equally upon all taxpayers

Indirect taxes can be defined as taxation on an individual or entity, which is ultimately paid for by another person.

EU, China, Thailand seek to join WTO consultation over India's ICT products tariff
Business

EU, China, Thailand seek to join WTO consultation over India's ICT products tariff

he European Union, China, and Thailand have expressed interest to join consultations in a case filed by Japan at the WTO against India's import duties on certain information and communication technology products, including mobile phones

US withdrawal of duty sops: India's import tariffs not high, within global trade norms of WTO: Govt
Business

US withdrawal of duty sops: India's import tariffs not high, within global trade norms of WTO: Govt

The bilateral trade has increased to $74.5 billion in 2017-18 from $64.5 billion in 2016-17. India has a trade surplus with the US. America has also raised this issue.

Govt hikes import duty on select communication items to up to 20% to check widening CAD
Business

Govt hikes import duty on select communication items to up to 20% to check widening CAD

The CAD widened to 2.4 percent of the GDP in the first quarter of 2018-19.

Donald Trump steps up attacks on US Federal Reserve rate hikes; says 'the Fed is out of control'
World

Donald Trump steps up attacks on US Federal Reserve rate hikes; says 'the Fed is out of control'

US President Donald Trump on Thursday escalated his attack on the Federal Reserve's interest rate increases, asserting that "the Fed is out of control" and blaming it for this week's plunge in stock prices.

Farmers on the war path: Solution lies not in MSP, but in giving farmers a share in the revenue
Business

Farmers on the war path: Solution lies not in MSP, but in giving farmers a share in the revenue

Unless the farmer gets a fair price for his produce, he will remain exploited.

Jet Airways shares tank 5% as company delays part payment of August salaries to pilots and senior management
Business

Jet Airways shares tank 5% as company delays part payment of August salaries to pilots and senior management

Jet Airways has told its pilots, aircraft maintenance engineers and senior management team that part of their August salaries will be paid by 9 October

India-US 2+2 talks: US defence official says America 'bullish' on high level meet even as concerns rise over S-400 deal
World

India-US 2+2 talks: US defence official says America 'bullish' on high level meet even as concerns rise over S-400 deal

The upcoming India - US - India 2+2 talks - an apex bilateral meetup in New Delhi next week - is not just ‘historic’ but will throw up a set of ‘very concrete outcomes’ which will serve as enablers for the India US relationship well beyond the high optics of September 6 and 7, a top official of the US Defence Department in Washington DC Wednesday.

US grew at brisk 4.1 percent last quarter; Donald Trump claims America is 'economic envy of the entire world'
World

US grew at brisk 4.1 percent last quarter; Donald Trump claims America is 'economic envy of the entire world'

The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday, as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship their goods ahead of retaliatory tariffs.

How will Trump steel and aluminium tariffs work? Experts weigh in
World

How will Trump steel and aluminium tariffs work? Experts weigh in

By offering countries a way to escape the tariffs, Trump might have eased the risk of a destructive trade war. At least for now. But "it introduces a lot of uncertainty," says Wendy Cutler, a former U.S. trade official now at the Asia Society Policy Institute. "You're going to see countries camping out in Washington and trying to figure out who they need to talk to." Here's a closer look at what Trump's action does, how it would work and whether it's likely to succeed.

Budget 2018: Imported items including mobiles, footwear, motorcycles to get costly as govt hikes customs duties
Business

Budget 2018: Imported items including mobiles, footwear, motorcycles to get costly as govt hikes customs duties

A large number of imported items including mobile handsets, cars will become costlier as Arun Jaitley hiked customs duties on these products in Budget

Indian shrimp exporters could get hit by punitive US duties
World

Indian shrimp exporters could get hit by punitive US duties

The US Department of Commerce is strengthening an investigation that could lead to import duties on $4.2 billion a year in shrimp imported from India and six other countries after a US trade agency backed the petitioners. <br /><br />

Alcohol Will Not be Cheaper Online: EU
News & Analysis

Alcohol Will Not be Cheaper Online: EU

The EU court has ruled that UK shoppers will not be able to buy alcohol and cigarettes online, at lower import duties.