Highlights imports of manufacturing-related items in the last financial year 2025-26 Government Plans Major Push for Domestic Manufacturing Amid West Asia Crisis IBT CORRESPONDENT: Like during the COVID-19 pandemic, the government is preparing to turn the West Asia crisis into an opportunity. Similar to the Production Linked Incentive (PLI) scheme,...
India’s residential real estate market has reached a major milestone in 2024, recording its highest growth in the last 12 years. According to a recent report by Knight Frank, home sales across the country increased by 7% compared to last year. The biggest growth has come from luxury housing in...
New Delhi: The Central Government has introduced stricter rules for duty-free gold imports in a major move aimed at controlling India’s rising gold import bill and regulating the domestic gold market. The Directorate General of Foreign Trade (DGFT) has tightened regulations for gems and jewellery exporters importing gold under the...
New Delhi: Fuel prices across India were increased on Friday, with state-run oil marketing companies raising petrol and diesel rates by up to Rs 3 per litre following continued volatility in global crude oil markets. The revised prices came into effect immediately and are expected to further impact household budgets,...
India’s external trade in FY 2025–26 delivered a headline that looked steady but concealed significant stress beneath. Total exports reached approximately US$ 860 billion, growing 4.22% — a respectable number in isolation, until imports growing at 6.47% pushed the overall trade deficit past US$ 119 billion. The year unfolded against...
India’s F&B exports to the Gulf region are showing signs of stabilisation after recent disruptions triggered by geopolitical tensions in West Asia, but any notion of recovery remains premature. Shipment volumes, which declined by an estimated 20–30% at the peak of the crisis, have only partially resumed, while freight costs...
As Indian exporters navigate rising logistics costs and geopolitical uncertainty, policy continuity has become critical. The government’s decision to extend the RoDTEP scheme, alongside the launch of the RELIEF initiative, signals a calibrated effort to cushion exporters against external shocks while sustaining India’s export competitiveness in a volatile global trade...
In an increasingly knowledge-driven global economy, intellectual property (IP) is emerging as a critical determinant of competitiveness. No longer confined to legal frameworks, IP now sits at the core of trade, innovation, and value creation. As businesses and nations compete not just on cost but on ideas, ownership of intellectual...
The United States has launched a Section 301 investigation into excess industrial capacity across 16 major trading partners, including India, China, the EU, Japan, and South Korea. The probe targets structural overproduction, trade surpluses, subsidies, low wages, and state-backed industrial policies, potentially leading to tariffs this summer. India’s inclusion is...
In a move aimed at supporting exporters navigating global trade disruptions, the Government of India has extended export obligation deadlines under key duty-free import schemes. Export commitments under the Export Promotion Capital Goods (EPCG) and Advance Authorisation (AA) schemes that were due to expire between March and May 2026 have...
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