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News 12 October 2026

 

What's New...

 

DGFT Clarifies Import of Silver Bar Containing 99.9 percent or More by Weight of Silver under ITC(HS) 71069221 is Importable without any further Clearance against Import Authorisation

MIP of Rs. 1144 per kg on Popular Weedicide Glufosinate Extended till 12 April, 2027 under Orders of Minister

5.83 kg of Foreign-Origin Gold Worth ₹8.98 Crore from Hidden Car Cavity Seized; Two Arrested

Institute of Economic Growth Organised Kautilya Conclave in Delhi, Attracts 200 Participants

More Gold from Bangladesh Moving through Tripura Seized

Morphine and Codeine Containing Poppy Straw Seized in Madhya Pradesh

Iran War Drives Up Banana Production and Transport Costs, Putting Global Supply Under Pressure

Iran War Threatens Global Energy Security; Oil Prices Surge Above $104 per Barrel

US Customs Proposes Informal Entry for $2500 Shipments as Substitute for $800 De Minimis Duty Free Import

Trump Allows 4.8 mm Tonnes of Diesel Import from Russia in Violation of US Law, Move will Ease Prices

Canada Tariff May to Routed to Industry for Diesel Relief

EU-China Trade Deal over EV in Sight

Nobel Prize for Economics Awarded to Columbia Profs for Establishing Micro Link to Macro

India Proposal Sidelined in WTO Reform Debate

 

10.10.2026

Elon Musk Claims Mukesh Ambani behind Five Year Delay in Telecom Licence to Starlink

Battery Energy Storages for EVs to get 10% Special Rate, Mobile Phone Power Banks to Continue at 20%

Foreign Cos like De Beers Allowed to Operate from Diamond Trade Zone, Amendment in Special Notified Zones (SNZ) Notified

DGFT Releases 5841 MT of Sugar in EU TRQ Window, APEDA and DGFT Mumbai Administer

Foreign Exchange Risk Reserve (FERR) of 20% for INR Derivative Contracts Must

No More Cancellation and Rebooking of Forex Derivatives before Maturity, RBI seeks to Curb Fluctuations

ASEAN India Joint Committee Meet in Jakarta, Agreement under Fast Track Review

Commerce Ministry International Law Think Tank Celebrates Ninth Birthday

Nirmala in Singapore to Woo Hedge Funds to Stop the Declining Stock Market

India and Mali Mark World Cotton Day at UN, Call for Sustainable Cotton Value Chains and Global Partnerships

MeitY Showcases India’s Digital Innovation, AI, Semiconductors and Startups at India Mobile Congress 2026

TRAI Releases Draft DRM-Based Digital Addressable Systems Audit Manual 2026, Seeks Stakeholder Comments by 30 October

Indonesia Restricts Chinese Investment in Nickel Smelting to Check Crash

China Unveils AI-Powered Robot to Develop High-Yield Wheat Varieties

China and EU Avert Trade War with Proposed Limits on Chinese Hybrid Car Exports

Trump Eases Sanctions on Russian Diesel Imports to Tackle Surging U.S. Fuel Prices

 

09.10.2026

Better Take than Never, Politics Overcomes Bureaucracy to Ease GST Rules, 57th GST Council Recommends Compliance Reforms, Easier Refunds, Wider ITC Benefits and Removal of Arrest Provisions

Screen Protectors for Mobiles under CRO, No Imports without BIS Clearance

Enron Resurfaces as Dabhol Port Notified for Machinery Import for NTPC Led Ratnagiri Gas and Power

India Targets One Trillion Dollar Export of Both Goods and Services Next Year

India Launches World Bank’s AI Report, Showcasing AI as a Driver of Inclusive Development

Oil Prices Surge to $105 as Middle East Conflict Escalates

UNCTAD says Global Growth is Projected to Slow to 2.6% in 2026, Developing Countries Lag

Section 301 does not Allow Broad Tariff on Forced Labor Issue

Iran Shadow Fleet Moves Oil to South Asia Irks US

Taiwan Exports Up 61 percent

WTO Says World Trade is Resilient, AI Leads, China in the Driver in Asia

WTO Raises 2026 Global Trade Forecast as AI Boom Offsets Middle East Conflict Disruptions

WTO Raises Global Merchandise Trade Growth Forecast to 3.9% in 2026, Driven by AI Boom

 

 

 

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Last Updated on 12-10-2026