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News 17 July 2026

 

What's New...

 

Middle Distillates (Diesel and ATF) Windfall Gain on Export Tax (SAED) Hiked to Absorb Gains from Rising Price, Petrol Cut

SAED Rate on Export of ATF Hiked to Rs. 14.5 per litre from Rs. 7.5 per litre w.e.f 16 July, 2026

Gold Jewellery Drawback Rates Raised to Rs. 1078.82 per gm, Silver Jewellery to Rs. 14510.43 per kg

Customs Contends that Adani Duty Free Shops are not Licence Free, Nicotine Pouch Sale Not Allowed

Three Codex Standards for Cardamom India Hosted Geneva Meet

IIFT Launches Guide Book to Help MSME Use Global Value Chains

New UK Prime Minister Burnham Priority to Revive Sluggish Economy

G7 Calls for Ceasefire in Sudan, Hits at UAE Sorted RSF Militia

Hormuz Crossings Drop after US Chokes Strait

US and China Compete to Shape Global AI Governance Through Rival Technology Models

U.S. Expands Strikes on Iran as Conflict Over Strait of Hormuz Intensifies

EU Orders Google to Open Android to Rival AI Services Under Digital Markets Act

Recycled Tyre Rubber May Make Electric Vehicles Quieter and More Efficient

Recycled Plastics and Li-ion Batteries Figure in WTO Standards Meet

WTO Promotes MFN as FTA Rule the World

 

16.07.2026

PLI Ends on Mobile Phone, Replaced by 62.5k crs Incentive for Domestic Manufacture, Stiff 18%GST Continues to Hit Consumers

Tariff Value for Gold Up by US$14 per 10 grams to US$1311 per 10 grams and Silver Down by US$6 per Kg to US$1869 per kilogram

Google Adani Data Centre in Vizag Raises Concern on Electricity and Water Supply

India UK CETA Takes Off, July 15 Day 1 Sees Ship Loading for Duty Free Entry into UK

Bharat Tex Trade Federation and Premičre Vision Paris Partner

TSMC Increases Footprint in Arizona with 900 acre Acquisition Backed by Another $100 bn Investment

British Steel Nationalised, Takeover from Chinese Co, 50 percent Safeguard Duty to Apply on All Imports including from India with Limited Duty Free Quota

Piyush in Dialogue with EU MNCs in Brussels, Pushes EU FTA

India and Poland Explore New Opportunities for MSME Cooperation

Greenfield Shipbuilding Cluster in Gujarat and ₹1,570 Crore Ship Repair Facility at Vadinar Approved

India’s Electronics Revolution - Mobile Manufacturing Drives Exports, Jobs, and Global Leadership

Semicon 2.0 with ₹1.275 Lakh Crore Outlay to Strengthen India’s Semiconductor Ecosystem Approved

Cabinet Approves National Investment Policy for Urea–2026 (NIPU-2026) to Boost Self-Reliance in Fertilizer Production

₹62,500 Crore Mobile Phone Manufacturing Scheme (MPMS) Approved

USTR Imposes 25% Tariff on Certain Brazilian Goods Under Section 301

U.S. to Impose 25% Section 301 Tariff on Brazilian Imports from 22 July

Bhutan Resumes WTO Accession Negotiations After 18-Year Gap

WTO DG Ngozi Calls for Parallel Progress on WTO Reform and Trade Negotiations

South Africa Launches Safeguard Investigation on Certain Cold-Rolled Iron and Steel Products

 

15.07.2026

First Tranche of Tariff Concessions under India-UK Comprehensive Economic and Trade Agreement (CETA)

DGFT Prohibits Import of Goods Produced Using Forced Labour to Make Out Case before USTR 301 Action

DGFT Prescribes Procedure for Determining Forced Labour in Imported Goods

DGFT Clarifies Unique Identification No. (UIN) Procedure for Tracking Rs 50 Lakh Cap on Subsidy Interest Subvention Scheme

DGTR Resumes Hearing of French MC ESSILOR from China Base after CESTAT Ruling to Remand Case Back to DGTR for Fresh Hearing on Anti-Dumping Duty for Semi-Finished Ophthalmic Lenses from China

India Hosts 5th BRICS Standardization Meeting to Build Common Standards Framework

BRIC-THSTI Hosts SYNCHN 2026 to Accelerate Healthcare Innovation and Commercialization

China Chipmaker CXMT Targets Nearly $10 Billion IPO to Boost AI Ambitions

China Economy Grows at Slowest Pace in Three Years

EEPC Hails UK FTA, Fast Clearance with Self Certification of Origin Plus Zero Duty to Boost Engineering Trade

India–Maldives FTA Negotiations Make Significant Progress in First Round

India Achieves Major Success at 49th Codex Alimentarius Commission (CAC49)

India US Trade Talks Stall as Trump Continues to Hit with Sanctions Based on Trade Law

Textiles Minister Inaugurates Bharat Tex 2026 with Record Global Participation

Udyam Registration Portal and Udyam Assist Platform Strengthen India's MSME Ecosystem

Trump Received $2 Million from South Korean Firm Facing U.S. Trade Investigation

US Iran Blockade Send Oil Up to $87

US Sanctions Over 50 Individuals, Entities and Vessels Linked to Iran's Oil Export Network

US Senators Introduce Bill to Impose Up to 100% Tariffs on Countries Buying Russian Oil

UK Economy Today is Based on Services and Digital Trade, FTA and 39 Regions Plus CPTPP

 

 

 

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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 17-07-2026