The government has clarified that reduced rates and value caps under the RoDTEP scheme do not apply to agricultural and processed food exports. This clarification follows a recent decision to halve duty benefits for exporters. The Directorate General of Foreign Trade issued a notification stating Chapters 1 to 24 of the ITC HS code are […]
Reduced RoDTEP rates not applicable to exports of agri, processed food products: Govt
The World Trade Organisation has agreed to form a dispute panel. China filed a case against India concerning its automotive and renewable energy policies. Beijing claims India’s incentive schemes discriminate against foreign businesses. India maintains its measures comply with WTO rules. This development follows earlier consultations between the two nations. The US also commented on […]
The WTO’s dispute settlement body has established a panel to examine China’s complaint against India’s automotive and renewable energy sector policies. Beijing alleges that India’s Production Linked Incentive (PLI) schemes discriminate against Chinese goods, violating global trade rules. Bilateral consultations failed to resolve the dispute, prompting China’s second request for a panel.
India is actively pursuing stronger economic ties with Canada and the United Kingdom. Discussions are underway for comprehensive economic partnership agreements. These agreements aim to significantly boost bilateral trade and investment. Regular engagements are planned to build sustained momentum in these crucial partnerships. New avenues for collaboration are expected to unfold, benefiting both nations.
The US administration is preparing new national security investigations that could allow President Donald Trump to impose fresh tariffs after the Supreme Court struck down his country-specific emergency levies last week.
Kazakhstan, a major uranium producer, will supply a significant amount of uranium to India. This new contract will fuel India’s nuclear power plants. The agreement follows recent discussions between Kazakhstan’s Kazatomprom and India’s Department of Atomic Energy. India and Kazakhstan have a history of uranium supply deals. This development strengthens energy cooperation between the two […]
India and France have updated their tax treaty. This revision strengthens tax collection at the source. It also changes rules for dividends and business presence. Capital gains from share sales will now be taxed where the company is based. This aims to boost investment and economic ties between the two nations.
United States trade policy shifts have unexpectedly strengthened India’s negotiating position. India’s deliberate approach to a trade deal now appears astute. The country finds itself with more space to reassess and secure better terms. This strategic patience contrasts with other nations that rushed into agreements. India is studying implications and seeking safeguards.
Countries hit hardest by former President Donald Trump’s tariffs are now emerging as winners after the US Supreme Court struck down his emergency levies. China, India, and Brazil, among others, will see lower tariff rates for shipments to the US. While Trump had planned a 15% global tariff, economists calculate the effective rate will average […]
India’s exporters in gems, textiles, engineering, and leather hasten US shipments amid tariff uncertainty
2 weeks ago
Indian exporters are accelerating shipments to the United States. This surge is driven by concerns over potential tariff increases by President Trump. Various sectors including gems, textiles, and engineering goods are working to maximize exports within a 150-day window. Industry officials are seeking clarity on trade agreements and tariff implications. Exporters are engaging with US […]