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News 19 May 2026

 

What's New...

 

No Compulsion for Vessel for Entry or Sail Out

Piyush Goyal Calls for Faster Reforms, Industry-Government Collaboration to Achieve Viksit Bharat 2047

Trump Delays Planned Iran Strike Amid Renewed Nuclear Negotiations

US Drops Rs 2400 crore Adani Bribery Charge in Solar Power Purchase Rs 200 cr Single Bribe in Andhra

China Pushes AI and Advanced Manufacturing to Drive Economic Growth

China Gains from Hormuz by Self Sufficiency Strategies: Hinrich Foundation Report

OpenAI Wins Major Lawsuit Against Elon Musk but Faces Growing Competitive and Legal Pressures

Recycled Steel Emerging as Strategic Pillar of Low-Carbon Global Steel Industry

 

18.05.2026

Monetary Grade Silver Bar Import Restricted, Import for Only Export Production Allowed with Immediate Effect

Piyush for $1 tn Export of Goods and Services this Year, Petrol, Diesel and ATF to Take Major Share

Commerce Secretary Highlights Growing BRICS Trade Potential at Gandhinagar Meet

Rupee Hits 96.20

GeM Incorporation Day 2026: Strengthening India’s Digital Public Procurement Ecosystem

G7 Finance Ministers Meet in Paris Amid Iran War and Global Economic Risks

India-Netherlands Relations Elevated to Strategic Partnership

BRICS Justice Ministers’ Meeting 2026: India Leads Push for Stronger ADR Cooperation

Qatar Sharp Contraction of Economy Following Bombing of Ras Laffan, Stationing of US Base on Island is a Liability

China US Agree on Bilateral Trade Board to Look at High Tariffs

 

16.05.2026

Petroleum Products (22% Share in Total Exports) Up by 54% in April Over March as Refining Margins Jump

Diesel Export Duty Cut by Rs. 6.50 per litre to Push Export and Compensate for Loss in Recovery, Petrol Export Duty Up by Rs. 3 per litre to Compensate for Diesel Duty Cut

SAED Rates on Export of ATF Cut by Rs. 17 per litre to Rs. 16 per Litre w.e.f. 16 May, 2026

Tariff Value for Gold Up by $52 per 10 grams and Silver by US$207 per Kg

Piyush Unveils Vision for Integrated Commerce Hub in Mumbai to Connect 46 Organizations

Modi In Abu Dhabi to Woo the Sheikhs as Iran Bleeds

Engineering Exports Rise on China Demand

Kimberly Process Meet Concludes in Mumbai, Conflict Diamonds in Africa Controlled in India!

China Holds Back Nvidia AI Chip Purchases Despite Trump-Xi Summit

Strait of Hormuz Crisis Reshapes Global Energy Markets

 

 

 

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BIG’s Easy Reference
PART I - FOREIGN TRADE POLICY 2023 WITH HANDBOOK OF PROCEDURES
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The Daily Index of Changes provides changes and amendments issued by CBIC, DGFT, Customs Commissionerates, DGAD, RBI, Exchange Rates, WTO and World Trade News in daily basis by email. Free Access to our website www.worldtradescanner.com for subscribers.

 

 

 

 

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Last Updated on 19-05-2026