Search For "import duty"
Farmers welcome hike in apple MIP, demand strict implementation and 100% i
Updated : 8 months, 1 week ago IST
The apple economy in Himachal Pradesh alone is worth between Rs 4,000 crore and Rs 6,000 crore annually, with a production value of around Rs 5,000 crore. Around 50 per cent of India's apple supply is met through imports, which affects domestic producers from Himachal Pradesh, Jammu & Ka
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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 9 months ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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Increase import duty on Turkish apples to at least 100 pc, Himachal CM wri
Updated : 9 months, 3 weeks ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday urged Prime Minister Narendra Modi to increase the import duty on apples from 50 per cent to at least 100 per cent to discourage the import of apples from Turkey and to safeguard the interests of the apple growers of the sta
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Even with reduced duty, the cheapest Tesla car will cost Rs 35-40 lakhs in
Updated : 1 year ago IST
As Tesla is soon planning to enter in India, even after the reduction in the import duty to below 20 per cent, the cheapest car of Tesla will cost around Rs 35 to 40 lakh, says a report by CLSA, a global capital market company.
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FIFI Urges GoI to Reduce Walnut Import Duty for Consumer Benefit and Marke
Updated : 1 year, 1 month ago IST
New Delhi [India], January 31: The Forum of Indian Food Importers (FIFI), a leading non-government and not-for-profit entity representing over 6,500 stakeholders in India's agriculture, food, and beverage industry, has formally requested the Government of India to reconsider the high Basic C
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Any increase in import duty in Budget may have adverse effect: World Gold
Updated : 1 year, 1 month ago IST
The government's decision last July to reduce import duties on gold has significantly had a positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said World Gold Council.
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Raw materials at competitive Prices, removal of cotton import duty, and pr
Updated : 1 year, 2 months ago IST
The availability of raw materials at international competitive prices, removal of import duty from the cotton fibre of all varieties, and cotton price stabilization fund scheme are among the major demand of Indian Textile & Apparel Industry ahead of the Union Budget 2025-26.
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Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 2 months ago IST
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
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Govt leaves no stone unturned in interest of farmer brothers and sisters:
Updated : 1 year, 6 months ago IST
In a post on X, PM Modi said that the recent policy decisions, including reduced export duty on onions and increased import duty on edible oils, will benefit the food producers, citing increased income and employment opportunities in rural areas.
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Budget import duty cut will boost gold jewellery retailers' revenues by 22
Updated : 1 year, 6 months ago IST
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
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Domestic gold prices surge 10% amid global price rally, central bank buyin
Updated : 1 year, 6 months ago IST
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the recently concluded India International Jewellery Show indicate a substantial increase in order bookings from retailers, particularly in preparation for the upcoming festive and wedding season.
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Asia's gold inflows reach USD 438 mn in July; India leads growth after imp
Updated : 1 year, 7 months ago IST
India's gold market continued its strong year-to-date (y-t-d) performance in July, with gold prices reaching Rs 65,314 per 10 grams, marking a 4.5 per cent return for the month and a 17.5 per cent y-t-d return. This strong performance was a key driver of the inflows into Indian gold ETFs, as
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