NEW DELHI, April 2 (Reuters) - India has abolished import tax on petrochemicals used for making plastics and pharmaceutical goods after the government invoked emergency powers ‌and diverted local ...

The government on Thursday removed customs duty on the import of key petrochemical products to maintain stable supplies and ease the burden on consumers of finished goods amid the West Asia crisis.

Did our AI summary help? US President Donald Trump stirred controversy with a post on Truth Social declaring, “If you import The Third World, you become The Third World!”, a remark that he posted even ...

WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump adjusted his national security tariffs on steel, aluminum and copper imports on Thursday to cut duty rates on derivative products ‌made with ...

Businesses will soon be able to apply for refunds to some of the tariffs they have paid through a new portal set to launch next week. The online portal, called Consolidated Administration and ...

U.S. had a $112 billion pharmaceutical trade deficit in 2025, priming tariff responses. Trump administration imposed up to 100% tariffs on certain drug imports. Major pharma like Merck and Eli Lilly ...

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In 2025, Germany exported goods to the value of 961.6 million euros to Iran. Compared with the previous year, exports to Iran therefore decreased by 24.5%. Goods to the value of 234.5 million euros ...

The Directorate General of Foreign Trade (DGFT) has notified a revised list of banks authorised by the Reserve Bank of India (RBI) to import gold and silver for three years, beginning April 1, 2026.

In a major policy decision, the Indian government has imposed strict curbs on the import of all forms of gold, silver, and platinum articles with immediate effect. The new restrictions, issued by the ...

The Government of India recently made ‘Ease of Business’ a more streamlined process. One of the steps was to reduce the number of documents required for export-import. The documents required are not ...

Import of services refers to the supply of a service, wherein the supplier is located outside India, the recipient is located in India, and the place of supply of service is in India. Import of ...