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Business

Govt plans extra tax on vegetable oil imports to boost domestic...

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

26 Aug 2019 11:19 AM IST

Apple CEO Tim Cook speaks during The Fortune CEO Initiative 2018 Annual Meeting, Monday, June 25, 2018, in San Francisco. (AP Photo/Marcio Jose Sanchez)

Business

Apple CEO warns Trump about China tariffs, Samsung competition

Apple's MacBook laptops and iPhones would not face the additional tariffs until December 15.

19 Aug 2019 9:54 AM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)

Business

Traders body calls for boycott of Chinese goods, seeks up to 500 pc...

The issue will be discussed in a national conference of traders from all states convened by CAIT on August 29.

18 Aug 2019 5:34 PM IST

In return, the United States would suspend tariffs on Chinese goods due to go into effect on Sunday and reduce others, US officials said. (Photo: Representational)

Business

China, US kick off new round of tariffs in trade war

The extra tariffs of 5 pc and 10 pc were levied on 1,717 items of a total of 5,078 products originating from the US.

2 Sept 2019 11:45 AM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Business

Prabhu to raise visa, steel duty, WTO issues with USTR

India's exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

25 May 2018 1:54 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Business

India again defers duty hike on US products till January 31

According to a notification by the finance ministry, the implementation of the duty hike has been postponed until...

18 Dec 2018 2:41 PM IST

German luxury car maker Audi on Wednesday launched its second generation Audi RS 5 Coupe in India priced at Rs 1.1 crore.

Business

Audi offers discounts of up to Rs 10 lakh on select models

Company said discounts will range from Rs 2.7 lakh to Rs 10 lakh on its popular models A3, A4 and A6 sedans along with...

28 May 2018 2:10 PM IST

India

India hits US with import duty hikes

India has said the duty imposed by the US had affected steel exports by $198.6 million and aluminium shipments by $42.4...

22 Jun 2018 5:41 AM IST

The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs.

Business

Govt doubles import duty on 328 textile items to 20 per cent

Exports of all textile ready made garments dipped by 12.3 per cent to USD 13.5 billion.

7 Aug 2018 2:11 PM IST

$Averting a trade war, China and the US on Sunday struck a deal under which Beijing will \significantly increase\ its purchases of American goods and services.$ Business

US, China to resume trade talks in Washington amid low expectations

Trump has threatened to impose duties on virtually all of the more than $500 billion of Chinese goods exported to the...

22 Aug 2018 12:15 PM IST

Chinas government, however, shows no sign of bending to Washingtons pressure. (Photo: File)

Business

US-China trade talks end with no breakthrough

The US-China talks this week were the first since discussions in June failed to produce any agreement.

24 Aug 2018 11:46 AM IST

ATF accounts for a substantial chunk of the operational expenses incurred by airlines.(Representational Image)

Business

Import duty on ATF not to make big impact on airlines

Industry sources said the low-cost private carrier's total import accounts for 10-12 per cent of its fuel bill.

28 Sept 2018 10:56 AM IST