WTO to set up panel on Brazil import taxes
The World Trade Organization will set up a panel to settle a complaint brought by the EU against Brazil over what it sees as protectionist taxes that discriminate against imports, a source said Wednesday.
Dec 17, 2014, 19:25 PM IST
Govt reduces import tariff value on gold and silver
The government Monday reduced import tariff value on gold to USD 388 per 10 grams and on silver to USD 540 per kg, following global price trends.
Dec 01, 2014, 21:38 PM IST
India has potential to become 2nd largest steel consumer: DB
India's steel demand is expected to rise by 4-5 percent this year and will touch 15 percent CAGR after FY17 as the country has the potential to emerge as the second largest steel consuming market after China during FY15-20, Deutsche Bank said in its research report
Nov 02, 2014, 12:37 PM IST
Paswan meets FM; wants import duty on edible oils to be hiked
Food Minister Ram Vilas Paswan Friday met Finance Minister Arun Jaitley here and discussed the issue of raising import duty on crude and refined edible oils to restrict cheap imports and protect domestic farmers, among other matters.
Oct 24, 2014, 20:40 PM IST
NAFED to invite EoI for import of 25K tonnes potatoes
In order to boost supply and contain rising potato prices, co-operative major NAFED today said it will invite expression of interest (EoI) this weekend from global suppliers for supplying 25,000 tonnes of potatoes.
Oct 24, 2014, 19:41 PM IST
India bans import of cosmetics tested on animals
Months after announcing a ban on testing of cosmetics on animals, India has banned import of such products and become the first "cruelty-free" cosmetics zone in South Asia.
Oct 14, 2014, 22:53 PM IST
Chidambaram advises against lifting curbs on gold imports
Former finance minister P Chidambaram has advocated against lifting of curbs on gold imports, saying the benefits accruing from restrictions would far outweigh problems like spurt in smuggling.
Oct 12, 2014, 18:53 PM IST
Gold looks likely to test $1,200; silver slumps to four-year low
Silver`s sell-off extended to a second session on Monday, with the metal tumbling to a four-year low, as investors unwound long positions amid strength in the dollar and the possibility of a sooner-than-expected U.S. rate hike.
Sep 22, 2014, 13:30 PM IST
FinMin to decide on removing iron ore import duty: SteelMin
Finance Ministry will take a call on withdrawing import duty of iron ore in the face of falling domestic supplies that is forcing steel makers to buy the raw material from overseas market, a Steel Ministry official said.
Sep 16, 2014, 23:20 PM IST
Govt relaxes onion import norms
In a cautious move against possible hike in onion prices in the festive season, the government Monday relaxed norms for import of the kitchen staple till November to boost domestic supply and check rates.
Sep 01, 2014, 18:56 PM IST
Govt reduces tariff value on gold, silver
The government on Friday reduced the import tariff value on gold and silver to USD 420 per 10 grams and USD 645 per kg, respectively, taking cues from firm global prices.
Aug 29, 2014, 18:18 PM IST
NTPC to import 17 mn metric tonnes of coal this fiscal
Facing shortage in domestic fuel supplies, state-owned NTPC plans to import 17 million metric tonnes of coal this fiscal which is higher than the quantity purchased last financial year.
Aug 27, 2014, 19:34 PM IST
Govt hikes import tariff value on gold & silver
The government on Thursday hiked the import tariff value on gold and silver to USD 426 per 10 grams and USD 650 per kg, respectively, taking cues from firm global prices.
Aug 14, 2014, 22:27 PM IST
Commerce Min not looking at hiking import duty on sugar
The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said Wednesday.
Jun 11, 2014, 19:36 PM IST
Exports up 12.4% in May; trade deficit widens to 10-month high
India's exports grew by a double-digit pace for the first time in seven months in May, narrowing the trade deficit and setting the ground for easing of restrictions on gold imports.
Jun 11, 2014, 14:41 PM IST