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Why Is Indian Rupee Falling Against Chinese Yuan? [Complete Analysis]
The Indian rupee has depreciated 6-7.5% against the Chinese yuan in recent months, hitting record lows and creating ripple effects across India's economy. If you're an exporter, importer, investor, or simply someone who sends money to someone in China, this matters to your business. Let's break down the seven key reasons why the rupee is falling against the yuan, and what it means for different stakeholders in India. 1. The $99.2 Billion Trade Deficit With China India's trade deficit with C
Import Cars Into India: Luxury Cars, Carnet, Duty Calculation, Complete Guide (2026)
Importing a car into India is an expensive, complex, but legally possible process involving strict regulations, high customs duty (60-165%), and mandatory compliance with Indian safety and emission standards. Whether you want to import a luxury car from Dubai, a sedan from the UK, or a Tesla electric vehicle, India's import rules are among the world's most stringent. This guide explains the complete process, duty calculations, Carnet permits for temporary imports, compliance requirements, and
Customs Duty: Complete Guide to Import
Customs duty is a tax imposed by the Indian government on goods imported into the country. It's calculated as a percentage of your goods' value and must be paid before customs releases your shipment. Customs duty protects Indian manufacturers from cheap foreign competition while generating government much needed revenue. It also helps in monitoring and controlling the movement of restricted and controlled goods. Understanding customs duty is very essential for accurate cost calculation and avoid
Types of Shipping Containers Used in Export-Import: Complete Guide 2026
Do you know, about 90% of manufactured goods and over 80% of all goods by volume are moved by shipping containers. Before containers existed, shipping was chaotic and expensive. Goods came in boxes of different sizes and shapes—sacks, barrels, wooden crates, boxes. Everything had to be manually loaded and unloaded by dock workers. One ship could take 3+ weeks just to be unloaded. In 1955, an American truck driver and entrepreneur named Malcolm McLean created the first metal box that can be lift
Complete Guide to Container Tracking and Container Types 2026
Container tracking is the real-time monitoring system that shows the exact location, status, and movement of your shipping containers throughout their journey from port of origin to port of discharge. Whether you're using MSC container tracking, CMA CGM container tracking, Maersk container tracking, or OOCL container tracking, these systems provide live updates on where your goods are, when they will arrive, and if there is any delays or issues occurring. Container tracking systems work by comb
How to Check Shipping Bill Status? Step by Step Guide to Check Status on ICEGATE 2026
Shipping Bill Status is the real-time customs clearance progress of your export shipment than can be tracked through ICEGATE. After your CHA files a Shipping Bill (export declaration) with Indian Customs, the SB (Shipping Bill) status shows whether your goods are approved, under processing, cleared for export (LEO granted), or if EGM has been filed by the shipping line. Tracking Shipping Bill status on ICEGATE is critical because it determines when your shipment can physically leave the port a
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