India Plans to Impose a Temporary 25% Duty on Steel Imports
India is planning to introduce a temporary ‘safeguard duty’ on steel imports of up to 25% to limit the flow of cheap products from China and safeguard domestic steel producers who are suffering losses due to growing imports. Dec 19, 2024 India is preparing to introduce a temporary “safeguard duty” on steel imports of up […]
Talks Between India, EU Over Steel Import Safeguard Duties Fail
India now has the option to propose imposition of retaliatory customs duties under the WTO norms on certain value of goods imported from the EU. The Ministry of Commerce & Industry and the Ministry of Steel are deliberating on the quantum of impact Jul 1, 2024 India and the European Union (EU) have failed to […]
Hydreen to Invest USD 2 Billion in India’s Green HydrogenMarket
Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion in India’s green hydrogen market which will help India transition to a low-carbon economy. Aug 9, 2023 Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion for the […]
India, Sri Lanka Sign Five Bilateral Agreement to Enhance Economic Connectivity with Sea, Air, Pipeline Projects
Five bilateral agreements were signed between India and Sri Lanka to enhance economic ties and connectivity. The two nations are also looking into construction of a multi product gas pipeline from Southern India to Sri Lanka for supply of energy resources. Jul 25,2023 Shri Narendra Modi and Sri Lankan President Mr. Ranil Wickremesinghe have reportedly […]
India Leads USD 533.6 billion Global Gas Pipeline Development; 14,300 km of Pipelines in Construction
According to a recent survey, India and China are leading the global gas pipeline development with a total estimated cost of USD 533.6 billion in capital expenditure, building more gas transmission pipelines than the rest of the world combined. The two countries are reported to be leading a 9 percent year-on-year increase in the length […]
India-Myanmar-Bangladesh LNG pipe connectivity to boost India’s Hydrocarbon Vision 2030
Potential pipeline connectivity between the three countries can accelerate India’s Hydrocarbon Vision 2030 for North-east India, as the government plans to make the North-east a hub of oil and gas transit. India is planning Liquefied Natural Gas (LNG) pipeline connectivity with the countries of Myanmar and Bangladesh, in an attempt to ensure energy security as […]
Nepal Looks Forward to India’s Help to Build Petroleum Pipelines
As the Motihari-Amlekhgunj pipeline gets completed, Nepal intends to sign a G2G agreement with India for two more petroleum pipeline projects and has forwarded proposals to the Indian government for the same. Nepal has sought India’s technical support and grant assistance for the construction of two morepetroleum pipeline projects under the government-to-government (G2G) agreement – […]
