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The EU has decided to impose carbon tax - CBAM - from January 1, 2026 on seven carbon-intensive sectors, including steel, cement, and fertiliser.
Get latest articles and stories on India at LatestLY. India should seek deferment on imposition of carbon tax by the European Union (EU) on engineering sector's MSMEs by three years as domestic manufacturers may not have the financial resources to counter the duty, according to a parliamentary panel's report. India News | Parliament Panel Suggests Govt to Seek 3 Years Deferment on EU's Carbon Tax for MSMEs.
Get latest articles and stories on India at LatestLY. India must expand its focus beyond its "conventional markets" and explore export opportunities in areas where it holds a competitive edge, and emphasis must be given on mapping products to target markets, as the Department Related Parliamentary Standing Committee on Commerce recommended in its 187th report. India News | India Must Expand Focus Beyond 'conventional Markets', Focus on Mapping Products: Parliamentary Panel Recommends.
India's Department Related Parliamentary Standing Committee on Commerce has recommended a comprehensive strategy to map major products and countries to maximize exports and minimize imports.