Centre Suspends Cotton Import Duty Until October 31 to Boost Textile Sector and Exports
The Finance Ministry has announced a temporary exemption of customs duties on cotton imports for five months, starting June 1,
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Thursday, June 18, 2026
Smart Market Insights
Economy
Customs System Outage Disrupts Courier Shipments Worldwide
On May 30, 2026, it was reported that the Express Cargo Clearance System (ECCS) within the customs department experienced an
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Textile Industry Embraces Cotton Import Duty Waiver to Reduce Costs and Enhance Export Potential.
The Indian government has announced a temporary exemption from duties on cotton imports, effective from June 1 to October 30,
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Centre Withdraws Draft Sugarcane Control Order Following Strong Opposition from Farmers and Khandsari Units
The Centre has officially withdrawn the draft Sugarcane (Control) Order, 2026, after receiving significant objections from state governments, farmers, and
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Rising Upstream Cost Pressures Set Stage for Potential Consumer Price Hikes, Warns Finance Ministry Report.
The Finance Ministry’s Monthly Economic Review (MER) has raised concerns about building inflationary pressures and challenging conditions for consumption, indicating
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Unlocking Potential: How Small-Farm Mechanisation is Set to Transform Indian Agriculture
India’s agricultural landscape is witnessing a persistent dialogue surrounding minimum support prices, loan waivers, and subsidies, yet a crucial structural
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India’s Key Reservoirs Face Crisis as Storage Levels Plummet to Just 30% of Capacity
India’s major reservoirs are currently at just 30.67% of their total capacity, with significant regional disparities. Data from the Central
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IndiGo Posts ₹2,537 Crore Loss in Q4FY26 Amid Flight Cancellations and Decreased Yields
InterGlobe Aviation, the parent company of IndiGo, reported a consolidated net loss of ₹2,536.9 crore for Q4 FY26, a stark
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SpiceJet Faces ₹124 Crore Tax Demand from GST Dept Amid Delayed GST Filings
The GST department has issued a tax demand of Rs 124.65 crore to SpiceJet for non-filing of GST returns over
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Agriculture Minister Urges States to Brace for Below-Normal Monsoon Conditions.
Union Agriculture Minister Shivraj Singh Chouhan has recently urged states to prepare for uncertain weather conditions, particularly highlighting the potential
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