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India's electronics, pharma, engineering goods see rise in export value; FY24
The WTO expects global goods and merchandise trades to recover gradually.Read more
India implements 5 yrs anti-dumping duties on Chinese imports
These measures were instituted based on the findings of the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry.Read more
India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts
The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more
India, EU navigate WTO dispute on ICT duties amid FTA negotiations
The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more
Exporters call for enhanced benefits and expansion of RoDTEP Scheme
The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more
India proposes Anti-Dumping Duty on Chinese glass for home appliances
Following a complaint from a domestic player, the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry, conducted an inquiry into alleged dumping of Read more
Move up the value chain to boost exports
In September, India’s merchandise exports fell by 6.6 per cent (year-on-year) to $26 billion, the third contraction in six months, reflecting the impact of external headwinds. Exports during this fiscal have fallen 2.5 per cent to $159.6 billion.Read more
Steel users collectively appeals over duty hike on steel imports
The 25 per cent safeguard duty on imports of steel will likely impact and affect many SME and MSME steel users across India and will lead to serious disruption in steel sector. Read more
Trade war, rising protectionism to hurt Indian MSMEs
Export-oriented industries, particularly in sectors like iron and steel, machinery and metal products, chemicals and agricultural goods, are likely to take a hit, says FICCI's Economic Outlook SurveyRead more