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News 24 August 2026

 

What's New...

 

Finally, DGFT Lifts Ban on Wheat and Aata, Move Late as Record Harvest Came in April Itself

Export Ban on Wheat Flour and their Products Lifted with Immediate Effect

Loan Licence Dropped for Outsource of Sterilization in Medical Device Regulations

Piyush Goyal Leads 200-Plus Business Delegation to Japan

UPI Works in 11 Countries but Exchange Control Applicable even for Small Value Transactions

MoS Jitendra Prasad to Visit Morocco

Brazil Election Debate Highlights Growing US-China Rivalry

Oil Prices Fall Ahead of New U.S. Measures Against Iran

U.S. Imposes New 50% Tariffs on $20 Billion of Canadian Goods

Canada, US Head toward Trade War as Sec 338 Trade Law Stops in for 50% Tariff

Trump Exempts Ground Beef for 90 days to Counter Price Rise

 

22.08.2026

DoR Notifies BCD Exemption on Raw Sugar Imports under Duty Free Licence TRQ of 10 Lakh MT

Govt Claims Sugar Price Rise Not Due to Diversion for E20 Ethanol

Govt Restricts All Chlorpheniramine–Phenylephrine FDCs for Children Below 4 Years

Draft Warehouse Licensing Regulations, 2026 Covering Public Private and Special Warehouses Proposed, Online Approval

62K Crs Spread Over Five Years for Mobile Phone Manufacturing with Incentive for Local Procurement

CBI Accuses DGFT Panipat Officer, Much of the Time She Spent in CLA New Delhi

29 FDI Investments Worth ₹4,895.65 Crore Reported Under Revised Land Border Framework, China Not Included

India and Brazil Sign MoU to Deepen Cooperation in Telecom and ICTs

US Suspends 50% Additional Tariffs on Certain Canadian Goods; New CBP Filing Rules Effective August 22

Trump Plans Lower-Tariff Imports of 300,000 MT Ground Beef to Tackle Rising US Prices

US-Canada Trade Talks Collapse as Trump Tariffs Loom; Canada Vows Dollar-for-Dollar Retaliation

 

21.08.2026

Raw Sugar Imports Allowed under Duty Free Licence TRQ of 10 Lakh MT (Rs. 6000 crs), Import Permitted for 72 Days till 31 Oct. 2026

DGFT Operationalises 10 Lakh MT Raw Sugar TRQ; Applications Open Till August 28

International Transshipment Shipment of Hormuz Disrupted Cargo Allowed to Land and Move in India Ports Till 31 Oct 2026

DGFT Introduces Automated Facility for EO Extension Under Advance Authorisation and EPCG

One Star Export Houses have to Show Performance only in Two Out of Three Years for Recognition Renewal

No Compensation Cess Exemption for Imports under Diamond Imprest Authorisation

SAIL Happy with Mineral Amendment as Licence and Taxation Power Transferred from State to Centre

India Japan for Defence Cooperation in India Pacific

High Level Indian Ministerial Team in Singapore Meets Up with the Lion City Ministers and Business

Government Expands Approved Test Centre Network to 23 Categories of Weights and Measures

EEPC India Welcomes FTP Amendment to Promote Rupee-Based International Trade

BRICS Communications Ministers’ Meeting Focuses on Digital Infrastructure, Cybersecurity and Resilient ICT Ecosystems

Trump Threatens ‘Tremendous Economic Consequences’ for Countries Trading with Iran

Bessent Threatens “Toughest Sanctions” on Iran and its Supporters including China

US Upgrades from D to A, Two Congressman Oppose

Forced Labor Enforcement in Dominican Republic Questioned

Sec 232 Tariff on Drones Raise Hackles in China

 

 

 

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Last Updated on 24-08-2026