India’s purchase of silver dropped 38% in 2023, says Silver Institute

[ad_1] India’s physical investment in silver dropped by a whopping 38 per cent in 2023, even as demand for silver jewellery and wares too declined, the Silver Institute’s “World Silver Survey 2024” has said.  As a result, silver imports plunged...

Frozen duck meat imports from US may rise on cut in Customs duty

[ad_1] India’s import of frozen duck meat from the US will likely increase by 80 per cent in 2024 compared with 2021 with the Customs duty being reduced to 5 per cent, the US Department of Agriculture (USDA) has said.Also...

Telangana wants basic Customs duty on crude palm oil reimposed

[ad_1] The Telangana Government has asked the Union Government to reimpose the basic customs duty on crude palm oil to stabilise domestic prices and make them remunerative for oil palm farmers in the country and ensure a price of ₹18,000 to...

Indian Newspaper Society Appeals Government to Lift 5% customs duty on newsprint amidst global supply chain challenges

[ad_1] The Indian Newspaper Society (INS) had urgently appealed for a reconsideration of the five per cent Customs Duty on Newsprint. The INS emphasized the critical role of the print media industry in disseminating affordable knowledge, aiding government communication, and...