India finalises new EV policy with reduced import duties, incentives to set up local manufacturing The scheme was first announced in March 2024 and comes at a time when global EV automakers like ...

The rise of India's steel sector is touted as a boost for iron ore miners seeking to find new markets as China's output eases, but the reality is likely to fall short of the hype.

Import carriers–who may masquerade as regular Indian tourists going abroad, some may even have special privileges–smuggle in goods beyond permissible limits or which may be banned in the country.

Rajesh Gupta, director, Recyclekaro, echoes this sentiment. "India is also likely to see a parallel growth in battery recycling and second-life use, essential to reducing import dependence on ...

Higher imports of palm oil and soy oil lifted India's total edible oil imports in May by 37 per cent from a month ago to 1.18 million tons, the highest since December, according to dealers' estimates.

India’s imports of Russian crude oil surged to a 10-month high of 1.96 million barrels per day (bpd) in May, driven by continued availability at discounted prices compared to global benchmarks ...

With the new import duties reduced from 110 percent to 15 percent, the SPMEPCI policy aims to attract automakers to the Indian market.

India’s imports of Russian crude oil rose to 1.96 million barrels per day in May 2025, driven by significant price discounts amid geopolitical shifts. Russia remains India’s largest crude ...

India halved the basic import tax on crude edible oils to 10% on Friday, the government said, as the world's biggest vegetable oil importer tries to bring down food prices and help the local ...

Trade talks between India and the US have hit a roadblock over disagreements on import duties for auto components, steel and ...

India's pharma sector is at a turning point as the government seeks to strengthen local manufacturing through an upgraded drugs PLI scheme. With a growing market projected to reach $22 billion by ...