Month: February 2026
Import tariffs on agriculture items to be phased out over 10 years
The government on Monday said tariffs on imports of several agricultural and intermediate products from the US will be phased out over a period of…
US may refund small penalties on India over Russian oil buys
The United States may partially refund the penalty imposed on India over imports of Russian crude oil after February 7, when President Donald Trump’s executive…
India floats draft Digital Trade Facilitation Bill for e-trade documents’ legal recognition
New Delhi: The government Monday sought comments on the draft Digital Trade Facilitation Bill, 2026, a bill that seeks to provide legal recognition, validity and…
Unfunded OPS likely to exert severe pressure on their finances: MoS Finance
New Delhi, Unfunded Old Pension Scheme (OPS) is likely to exert severe pressure on their finances especially with increasing longevity, which may constrain capital expenditure…
Commerce Minister Piyush Goyal to meet exporters, industry on Feb 11
New Delhi: Commerce and Industry Minister Piyush Goyal will meet industry associations and export promotion councils on Wednesday. The meeting assumes significance in the wake…
India offers quota-based auto duty cuts, tariff reduction on alcohol under US trade pact
New Delhi, India will grant quota-based duty concessions in the automobile sector, while access to alcoholic beverages has been offered under tariff reduction and minimum…
India US trade deal: US India Trade Deal: Tariff cut to 18%, access to $30-trillion market, 0% duty on key agri exports — what the numbers show
Massive tariff cuts, access to a $30-trillion market, and zero duty on key agricultural exports are just a few among the high-impact gains India has…
National interest will be guiding factor: Foreign Secretary Misri on India’s energy procurement
India will maintain multiple sources for crude oil purchases and diversify them to ensure stability in the supply chain with national interests remaining the “guiding…
Draft Income Tax Rules raises threshold for quoting PAN for cash deposits, car purchase, others
Draft Income Tax Rules have proposed significantly raising transaction limits for quoting of PAN for cash deposits/withdrawal in banks, purchase of motor vehicles and property,…
UP’s economy more than doubles in 8 years to Rs 30.25 lakh crore: Eco Survey
Uttar Pradesh‘s economy has more than doubled over the past eight years, from Rs 13.30 lakh crore in 2016-17 to over Rs 30.25 lakh crore…