The Mumbai real estate market registered 11,219 property registrations in January 2026, down 8 per cent from 12,249 during the same period last year. On the other hand, stamp duty collections increased by two per cent to ₹1,012 crore compared to ₹994 crore during the same period last year, according to Maharashtra IGR data. Mumbai […]
The duty-free or reduced tariff import of US farm products was announced two days after Agriculture Minister Shivraj Singh Chouhan assured Parliament on February 5 that India’s staple grains, fruits, major crops, millets, and dairy products are secure and face no threats. | Photo Credit: iStockphoto India will eliminate or reduce tariffs on all US […]
India’s latest budget proposes a special one-time measure allowing eligible manufacturing units in Special Economic Zones to sell goods in the Domestic Tariff Area at concessional duty rates, responding to global trade volatility and US tariffs. | Photo Credit: BIJOY GHOSH Responding to long-standing industry demands amid global trade volatility and US tariffs, Finance Minister […]
New Delhi will immediately cut import duty on luxury cars to 30% from as high as 110% under the India-EU FTA, an official said, opening the tightly controlled market to the likes of Mercedes-Benz to BMW and Volkswagen AG’s Audi. The Mercedes-Benz logo is pictured on the hood of a car. (Unsplash) While India has […]
Workers at a leather factory in Chennai | Photo Credit: VELANKANNI RAJ Clinching of the long-pending India-EU Free Trade Agreement on Tuesday has sparked high expectations among Indian exporters, especially in labour-intensive industries facing turbulence in the US market owing to 50 per cent tariffs. Sectors including apparel, leather, footwear, gems and jewellery, engineering goods, […]
The India-EU trade deal has eliminated tariff on Indian textile and leather exports to the European Union, in what is seen as significant relief to the sectors battered by 50% import duty imposed by the US. A woman working at a textile unit in India (HT_PRINT) The new tariff rates are: Textile, Apparel and Clothing: […]
Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty on cars. The Mahindra Thar Roxx. (Handout) M&M’s share price fell as much as 5.07% to ₹3,363.70 apiece on the NSE, even as Nifty Auto index was down 2.18% intraday. […]
Skoda Auto Volkswagen India MD and CEO Piyush Arora | Photo Credit: abhijith Policy continuity, infrastructure growth and a stronger electric vehicle ecosystem in the upcoming Union Budget will be critical for sustaining momentum in the automotive sector, according to Skoda Auto Volkswagen India MD and CEO Piyush Arora. The Pune-based brand, which manages the […]
The Seafood Exporters Association of India (SEAI) has urged the Centre to make provisions for allowing seafood exports from India to the European Union at “nil” duty rates and to remove all non-trade barriers, so that shipments to the region can increase manifold in the coming years. G. Pawan Kumar, president of SEAI, stated that […]