Govt okays bids for 1K tonnes of onion import, to buy more

Last Updated: Thursday, August 27, 2015, 20:11

The government, under pressure to check retail onion prices that have shot up to Rs 80 per kg across the country, Thursday approved bids for import of 1,000 tonnes of onion at Rs 45 per kg and has decided to buy more from overseas markets to boost domestic supply.

IOC raises oil import from Latin America to cut costs

Last Updated: Thursday, August 27, 2015, 17:17

IOC, the nation's biggest oil firm, spent Rs 1.65 lakh crore on import of 43.9 million tons of crude oil in 2014-15.

Government to import onions to bring down price, says minister

Last Updated: Monday, August 24, 2015, 22:31

Union Minister for Steel and Mines Narendra Singh Tomar defended the government on the issue of rising onion prices here Monday and claimed that the BJP never coined slogans like "Acche Din Aayenge (good days will come)".

With onion prices hitting Rs 80/kg, Centre asks states to crack whip on hoarders

Last Updated: Monday, August 24, 2015, 21:55

Wholesale onion prices at Lasalgaon in Maharasthra, Asia's biggest onion market, have almost touched Rs 60/kg, while retail prices across the country have risen up to Rs 80 per kg, adding to consumer woes.

Onion prices to rise further due to tight supplies?

Last Updated: Monday, August 24, 2015, 19:29

Onion prices, which are already ruling at around Rs 80 per kg in most parts of the country, are likely to increase further by 10 percent on tight supplies due to unseasonal rains affecting the crops.

India's imports of gold-silver alloy may almost double

Last Updated: Saturday, August 22, 2015, 16:11

India`s imports of dore, a semi-pure alloy of gold and silver, are rising fast and could nearly double this fiscal year, the head of the country`s top gold refiner said on Saturday.

Govt looking into imposition of safeguard duty on steel import

Last Updated: Friday, August 21, 2015, 15:37

Decision regarding imposition of safeguard duty on import of steel will not be delayed if the Directorate General of Safeguards recommends restrictive duty, Revenue Secretary Shaktikanta Das said on Friday.

RIL raises $225 million through overseas bond issue

Last Updated: Thursday, August 20, 2015, 12:31

Reliance Industries Ltd (RIL) on Thursday said it has raised USD 225 million (about Rs 1,468 crore) through overseas bond issue due in 2026, guaranteed by the Export-Import Bank of the United States.

UAE raises gold import duty issue with India

Last Updated: Monday, August 17, 2015, 22:50

The UAE Monday raised the issue of India's high gold import duty affecting its exports to the country even as the two nations agreed on a wide range of steps to boost their economic ties.

Govt imposes 10% import duty on wheat

Last Updated: Friday, August 7, 2015, 14:23

Government on Friday imposed 10 percent import duty on wheat till March 2016 to curb shipments and liquidate poor quality grains lying in FCI godowns.

Coal imports drop by 11% to 19 mn tonnes in July

Last Updated: Tuesday, August 4, 2015, 18:42

Coal imports declined by 11 percent to 19.30 million tonnes (MT) in July 2015 compared to the same month of previous year as higher availability of domestic fuel led power generation firms to defer imports.

Coal imports drop for first time in 15 months

Last Updated: Tuesday, August 4, 2015, 13:10

India`s coal imports fell 11 percent to 19.3 million tonnes in July from a year earlier - the sharpest and the first drop in more than a year - as local supplies rose and money losing power generators held up purchases, commodities trader mjunction said.