Topic
relief
Trade India seeks EU scrap export relief as curbs threaten trade pact gains
India is seeking relief from EU scrap export restrictions that threaten to undermine gains from a planned trade pact, as the bloc tightens controls on waste shipments and considers separate measures to limit aluminium scrap exports. India's steelmakers and recyclers warn that export curbs could tighten supply, raise costs, and disrupt supplies of aluminium, copper, and other recycled metals, fuelling competition among importing nations.
Logistics Two Private Trucking Firms Simultaneously Ask FMCSA for Five-Year HOS Exemptions
Two private companies—Lone Star Haz Mat of Texas and Mainline Services LLC of Kansas City—applied to the FMCSA for five-year exemptions from Hours of Service rules. The requests were published in the Federal Register on June 30, with comments due July 30. AWM Associates' Michael Millard filed skeptical comments on both, citing safety and necessity concerns.
Regulations & Compliance MNRE Allows Provisional Commissioning for Solar Projects Awaiting ALMM List-II Approval
The Ministry of New and Renewable Energy (MNRE) has provided temporary relief to solar projects awaiting ALMM List-II approval, allowing provisional commissioning for one month from June 23, 2026. Projects installed before June 1, 2026, with pending exemption applications may generate and inject electricity while their requests are processed. Authorities are directed not to withhold commissioning approvals solely due to pending ALMM clearance.
Business Bombay High Court Quashes Government's Retrospective Spectrum Charge, Providing Relief to Telecom Companies
The Bombay High Court on Monday quashed the government's one-time spectrum charge imposed retrospectively from 2008, providing major relief to Bharti Airtel and Vodafone Idea. The court held that the government cannot unilaterally alter financial terms of telecom licences after they have been granted. The retrospective demands cumulatively exceeded Rs 6,000 crore for the two companies.
Trade Commerce tariff finding on van imports may offer relief to Wabash National
The U.S. Commerce Department imposed preliminary countervailing duties on van trailer imports from China (82.3%-128.7%) and Mexico (<2%), following a complaint by the American Trailer Manufacturers Coalition. The move may provide relief to Wabash National, which recently received a debt downgrade from S&P Global Ratings. The duties require immediate cash deposits, with final determinations expected in mid-August for China and mid-December for Mexico.
Commodities Maharashtra Onion Farmers Demand Higher Procurement Prices
Maharashtra onion farmers are demanding a minimum procurement price of Rs 3,000 per quintal, citing current rates as insufficient to cover costs. Despite relaxed procurement norms, farmers face financial distress due to low prices.
Commodities Monsoon Relief Expected in Tamil Nadu
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