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If it's yellow, the US wants a free pass

Mint Kolkata

|

March 25, 2025

India on 8 March introduced a 10% import duty on lentils, while extending till 31 May a zero-rate on yellow peas

- Dhirendra Kumar

An Indian dietary staple has taken centrestage in India-US trade negotiations amid a new 10% import duty on pulses imposed by New Delhi.

The US is seeking a separate harmonized system of nomenclature (HSN) code for the yellow lentils (yellow masoor) that it exports to India, according to two officials aware of the ongoing bilateral trade agreement negotiations between the two nations.

India on 8 March introduced a 10% import duty on lentils (primarily red masoor), while extending a zero-rate on yellow peas (matar) till 31 May. Yellow lentils resemble yellow peas but are a different variety of legumes.

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Fiscal deficit widens on higher capex, lower tax

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'The Family Man' S3: Agent down

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time to read

4 mins

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Fiscal deficit up on capex, lower tax

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time to read

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Equity treatment for Reits from 1 Jan

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time to read

1 min

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Mint Kolkata

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Former DBS CEO is Temasek India’s new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.

time to read

1 mins

November 29, 2025

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