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News 06 August 2026

 

What's New...

 

DGFT Allows FDI to Setup Export only Warehouses for Supply Chain Exports, RBI and Customs Notification Awaited

DGFT Operationalises Inventory-Based Cross-Border E-Commerce Framework with Form ANF 9A for Registration Released, Chapter 9 Amended

DGFT Introduces Inventory-Based Cross-Border E-Commerce Export Framework, FTDR Amended

SAED Windfall Tax on Petrol Hiked to Rs. 3.5 per litre from Rs. 2.5 per litre

SAED Windfall Tax on ATF Export Hiked by Rs. 7.5 per litre to Rs. 22 per litre from Rs. 14.5 per litre

Road and Infrastructure Cess (RIC) Rate on Exports of Diesel Raised to Rs. 1.5 per litre from Nil

GST Field Formations Ordered to Work with State Mining Authorities to Monitor Illegal Mining and Movements on Grounds of GST Evasion

Farmers Back Ethanol Blended Petrol but Auto Industry Flags Engine Damage Risk from Ethanol

MSME Credit Expands Through SIDBI Expansion and ECLGS 5.0

India Adopts EV by Leaps and Bounds

DRI seizes 364 tonnes of Dry Dates at Kandla, Pak Origin Claimed but Dates are Grown Only in Mid East

TRAI Seeks Stakeholder Views on Draft Amendments to Quality of Service Regulations, 2024

PLI Scheme for Textiles: 170 Companies Approved; ₹8,118 Crore Investment Achieved

Department of Consumer Affairs (DCA) Invites Applications for Government Approved Test Centres (GATCs) from 17–31 August 2026

Piyush Goyal Likely to Visit US for G20 Trade Ministers' Meeting; BTA Talks to Continue

Trade Deficit in US Narrows as Imports Fall

China Retaliates Against Latest US Sanctions with Drone Export Curbs and Counter-Sanctions

Section 232 Tariff Scope may Extended to Cover More Engineering and Other Metal Goods based on Steel Content, Commerce Seeks Responses by 27 August

Critical Minerals in Battery Scrap Subject to Export Control

US Runs Record $21.6bn Trades Deficit with Vietnam, India Only $4.5bn

India Along with Bangladesh, Brazil and Colombia for IPR on Genetic Resources and Traditional Knowledge

US for Control on Polysilicon to Counter China Domination

 

01.08.2026

AI-Driven Electronics Trade Offsets Middle East Conflict, Boosting Global Merchandise Trade in Q1 2026

CBIC Automates Refund Processing for Courier Imports through ECCS

Tariff Value for Gold Up by US$12 per 10 grams to US$1323 per 10 grams and Silver by US$6 per Kg to US$1875 per kilogram

Commerce Ministry Holds Workshop on Trade and Sustainable Development to Shape India's Future Trade Strategy

GeM Launches 10-Day Celebrations Ahead of Its 10th Foundation Day

India Among Five Countries Investigated by US Customs for Duty Evasion

India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation

Fed Officials Push for Higher Interest Rates as Inflation Risks Persist

Washington Adds 43 Chinese Companies in Xinjiang under Forced Labour Trade Sanction

Uzbekistan Reaffirms Commitment to Complete WTO Accession in 2026

China Joins Third World in WTO Reform Debate

 

 

 

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Last Updated on 06-08-2026