Import/Export Industry Notifications
09 April 2025
Reuters | Oil Falls to Lowest Since Feb 2021 Amid New U.S. Tariffs on China
09 April 2025
Oil prices drop nearly 4% to four-year lows as U.S. imposes 104% tariffs on Chinese imports, escalating trade tensions and fueling recession fears.
09 April 2025
The Economic Times | US Imposes 26% Tariff on Indian Goods Amid Trade Tensions
09 April 2025
US imposes 26% tariff on Indian goods; India anticipates minor GDP impact, with potential benefits for electronics and textiles sectors.
09 April 2025
The Economic Times | RBI MPC 2025 Cuts Repo Rate by 25 bps Amid Growth Push
09 April 2025
The Reserve Bank of India's Monetary Policy Committee has reduced the repo rate by 25 basis points to 6.0%, marking the second consecutive cut under Governor Sanjay Malhotra. This decision aims to support economic growth amid external pressures, including recent U.S. tariffs on Indian exports. The policy stance remains 'neutral'.
11 July 2023
The Economic Times | India and Bangladesh Agree to Settle Trade in Rupee
11 July 2023
As India and Bangladesh launch trade settlement in INR, traders from both sides stand to save due to lesser volatility and lower transaction costs.
02 July 2023
DGFT | Revised Timelines of EPCG Amnesty Scheme
02 July 2023
Directorate General of Foreign Trade (DGFT) has extended the date of registration and payment of customs duty under the Export Promotion Capital Goods (EPCG) Scheme.
29 June 2023
The Economic Times | EPCMD to Provide Certificates for Export of Certain Medical Goods
29 June 2023
The Commerce Ministry, Govt. of India, has authorised the Export Promotion Council for Medical Devices (EPCMD) to issue registration-cum membership certificate to exporters of medical products.
22 June 2023
The Economic Times | India and the USA Decide to Settle Trade Disputes
22 June 2023
India and the United States of America (USA) have agreed to settle six trade disputes which were being contested at the World Trade Organisation (WTO); India lifts customs duties on 28 American products.
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21 June 2023
DGFT | Amendment in Export Policy of Chromium Ores and Concentrates
21 June 2023
The export items under HS Code 2610 (Chromium Ores and Concentrates) has been placed under restricted category with immediate effect.
15 June 2023
The Business Line | India and South Africa Come Together at the WTO Against the EU Carbon Tax
15 June 2023
In an attempt to postpone the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM), India, South Africa, and several other developing nations have approached the WTO.
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