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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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3 mins read

Here's what will get cheaper and costlier after this Budget

One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…

ANI   


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Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharaman reduces basic customs duty to 15%

Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump …

ANI   


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4 mins read

Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI

India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…

PTI   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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2 mins read

Budget 2024 – Customs duty on mobile phones, chargers and more reduced

Finance Minister Nirmala Sitharaman today presented the Union Budget 2024-25 in the parliament, unv…

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2 mins read

Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …

PTI   


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4 mins read

FM cuts customs duty on minerals critical for energy transition

"We will bring out a policy document on appropriate energy transition pathways that balances th…

PTI   


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1 min read

Govt cuts import duty on refined soybean & sunflower oils to 12.5%

The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent f…

PTI   


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1 min read

Trade ties with India suspended due to 'heavy duties': Pakistan Foreign Minister

Pakistan's Foreign Minister Ishaq Dar highlighted the suspension of trade ties between Islamabad an…

PTI   


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1 min read

China's surprise import surge last month points to stockpiling of key tech ahead of trade restrictions, BofA says

China's imports last month surged 7.2% year-over-year, led by an influx of tech products. BofA says…

Kelly Cloonan   


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Govt announces hike in basic customs duty on silver to 10% to check imports

The government on Wednesday announced increasing the basic customs duty on silver, both in dore and…

PTI   


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India's vegetable oils import up 16% in 2022-23 oil year

India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…

PTI