anti dumping duties

The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing "critical circumstances." This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the "flawed" findings.

HSBC initiates SRF coverage with a buy, citing strong growth potential in specialty chemicals and performance films. Jefferies is bullish on Grasim, expecting increased capital availability for growth. Nomura sees Adani Ports expanding its marine business significantly in Europe. CLSA maintains a hold on Tata Power, believing the worst is over.

Authorities are investigating the discovery of gelatin sticks and electronic components near Prime Minister Modi's convoy route in Bengaluru. Central agencies, including the NIA and IB, have joined the probe into the suspicious package found near the Art of Living Foundation. Police suspect the items were planted to create panic rather than cause an explosion.

India has launched an anti-dumping probe into Chinese ethyl chloroformate imports following a complaint by domestic producer Paushak, alleging unfair pricing that harms local industry. The investigation, initiated by the Directorate General of Trade Remedies, will assess if duties are needed to protect Indian manufacturers. This move is part of a broader effort to curb cheap imports.

Industry associations must be consulted before imposing anti-dumping duty on dye intermediates from other countries, the Associated Chamber of Commerce and Industry (Assocham) suggested in its report titled “Resilient and Sustainable Gujarat: Suggestions and Inputs on Routing Industries Back to Recovery Post Covid Second Wave”.

With the prices of synthetic yarn and fibre increasing in the domestic market, the weavers and the importers have demanded that the anti-dumping duty on all types of yarns and fabrics imported from China and other countries should be abolished to streamline the prices in the local market.

India has imposed anti-dumping duty of up to $0.556 per kg on imports of a chemical used in industrial cleaning processes and ceramics manufacture to protect domestic players from cheap Chinese shipments.

India has imposed anti-dumping duty of $787 per tonne on import of paracetamol, a widely used medicine, from China for five years to protect interest of domestic players from the cheap shipments.

With the prices of polyester yarn - main raw material for the country's biggest man-made fibre industry - witnessing a sharp increase in the domestic market, the powerloom weavers have demanded that the Central government abolish anti-dumping duty on the imported yarn in order to help the ailing powerloom sector.

Concerned over surge in imports particularly from China, India has slapped anti-dumping duty on several stainless steel products and radial tyres.

Moreover, the city houses about 750 warp knitting units - there is total investment of Rs 300 crore in this sector - using nylon filament yarn as their main raw material.

The unprecedented increase in yarn prices has cast a dark shadow on the city's weaving sector, which is totally dependent on the various types of synthetic yarns.

India has imposed anti-dumping duty of up to USD 1.41 per kg on imports of a gas, used primarily for refrigeration purpose, to protect domestic players from cheap Chinese and Japanese shipments.

The Himachal assembly unanimously adopted a private members bill that impresses upon the Union government to impose anti-dumping duty on apples being imported from China.