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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
2 mins read
India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report
India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…
ANI
2 mins read
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
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
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
2 mins read
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
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
3 mins read
To ease shortage of pulses, government exempts stock limit on kabuli chana
An official gazette notification was put out late on Thursday, but it did not mention the reasons b…
ANI
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
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…
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
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
2 mins read
DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers
The official said that the import restrictions on 'New Pneumatic Tyres' were relaxed for certain gl…
PTI
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
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
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
1 min read
Delhi HC exempts custom duties on medicines for rare diseases
The Delhi High Court has said that custom duties and charges will not be applied to medicines, drug…
2 mins read
US solar producers could finally have a fighting chance as tariffs kick in on cheaper imports from Asia
A two-year moratorium on solar tariff imports is over, and could help bring stability to strained U…
Filip De Mott
2 mins read
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
1 min read
Important to play domestic cricket if fit and available: Rohit Sharma
India captain Rohit Sharma wants players, who are not on national duty, to make themselves availabl…