Tag: India

  • India Deal Wait

    New Delhi says the trade agreement with Washington is negotiated and ready, but it will stay unsigned until the United States grants tariff terms better than India’s rivals receive NEW DELHI/WASHINGTON, September 7, 2026 The long-promised bilateral trade agreement between the United States and India has arrived at a peculiar standstill: the deal is done,…

  • India Deal Snag

    New Delhi says the long-awaited US bilateral trade agreement will not be finalized until Washington offers Indian exporters a tariff rate better than their competitors get WASHINGTON and NEW DELHI, September 6, 2026 The final act of one of the Trump administration’s most consequential trade negotiations has stalled on a single word: preferential. India will…

  • EU Rice Duty Up

    Brussels raises the import tariff on husked rice by more than 40 percent under an automatic volume trigger, squeezing exporters from South Asia and South America and testing the margins of European rice millers BRUSSELS, September 8, 2026 The European Union has raised its import duty on husked rice from 30.00 euros to 42.50 euros…

  • Citric Acid Hit

    Commerce sets preliminary antidumping margins above 100 percent on citric acid from India while clearing Canadian producers, ordering cash deposits at the border effective immediately WASHINGTON, Aug. 27, 2026 – The Commerce Department has preliminarily determined that citric acid and certain citrate salts from India are being sold in the United States at less than…

  • India Gold Peg

    India’s customs board has trimmed the benchmark import value it uses to tax gold even as bullion trades near record highs, while nudging up the floor prices applied to palm oil, soybean oil and brass scrap in the latest turn of its fortnightly valuation cycle. NEW DELHI, Sept. 1: India’s Central Board of Indirect Taxes…

  • Fibre Duty Row

    Beijing locks in another five years of anti-dumping duties on Indian optical fibre as New Delhi widens its own trade remedy net, deepening a quiet tariff conflict between Asia’s two giants NEW DELHI, Aug. 26: China will keep anti-dumping duties on Indian single-mode optical fibre in place for another five years, extending a trade barrier…

  • Gold Tax Jolt

    India lifts the customs tariff value of gold to a record 1,500 dollars per 10 grams, raising the effective import tax base as bullion prices surge ahead of the festival season NEW DELHI, August 29, 2026 India has sharply raised the benchmark price on which customs duty on imported gold is calculated, lifting the tariff…

  • Oil Duty Shock

    Russia nearly doubles its September export duty on sunflower oil, rattling global vegetable oil markets and raising costs for buyers from India to Georgia MOSCOW, August 29, 2026 Russia has set its export duty on sunflower oil at more than 14,300 rubles per tonne for September, nearly double the August rate and more than four…

  • Russia Oil Duty

    Moscow sharply raises September export duties on sunflower oil and sunflower meal, nearly doubling the oil levy for the second consecutive month and rattling edible oil buyers from Mumbai to Istanbul. MOSCOW, August 28, 2026. Russia has announced a steep increase in export duties on sunflower oil, sunflower oil mixtures, and sunflower meal for September…

  • India Gold Levy

    India’s indirect tax board has lifted the benchmark customs value used to tax gold imports, tightening the duty floor under the world’s second largest bullion market at a moment of record global prices, a steep new 15 percent import duty, and a widening national trade deficit. NEW DELHI, August 28, 2026. India’s Central Board of…