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    • Duty hike on cigarette to have a nominal impact on prices, say experts

      Finance Minister Nirmala Sitharama in the Union Budget for 2023-24 on Wednesday proposed to revise and increase the duty on cigarettes to about 16 per cent.

    • TVs, ACs, set-top boxes, tyres may get costlier on tariff hikes

      This move from Commerce Minister Piyush Goyal is aimed at reducing the country's dependence on imports and bolster domestic manufacturing

    • India may again defer duty hike on US products till March 2

      "As discussions are going on between India and the US for a proposed trade package, the commerce ministry has asked its finance counterpart to again defer the implementation of the notification till March 2," the official said.

    • US duty hike: Larger repercussions for Indian steel industry

      While the immediate impact may be limited, a rise in competition in export markets could lead to increased supply & price cuts domestically.

    • More arbitrage likely from import duty hike on gold: Titan

      The government may hike import duty on both gold and silver going forward. Reacting to the centre‘s likely steps, S Subramaniam, CFO of Titan believes that arbitrage opportunities will increase.

    • Gold duty hike will raise domestic prices: Shree Ganesh

      Nilesh Parikh of Shree Ganesh Jewellery told CNBC-TV18 that the hike in the gold import duty to 8 percent will not only have a large impact on manufacturers but also increase disparity between domestic and international prices.

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