Govt imposes 20% safeguard duty on select steel products

Last Updated: Monday, September 14, 2015, 21:34

Government Monday imposed provisional safeguard duty of 20 percent on import of certain categories of steel with a view to protect domestic producers from recent surge in inward shipments, Finance Minister Arun Jaitley said.

Aluminium industry leaders meet Jaitley, ask import duty hike

Last Updated: Sunday, September 13, 2015, 16:16

The delegation from industry body Aluminium Association of India was led by Vedanta Group CEO Tom Albanese, Hindalco Deputy Managing Director D Satish Pai and Nalco CMD T K Chand.

Govt to import additional 5,000 tons of pulses to control prices

Last Updated: Friday, September 11, 2015, 22:05

Under pressure to rein in retail prices of pulses that have shot up to Rs 155 per kg, the government today decided to import additional 5,000 tonnes of tur dal to boost domestic availability.

Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

Govt gives ex-post-facto nod to capital infusion in EXIM Bank

Last Updated: Wednesday, September 9, 2015, 20:20

The government on Wednesday gave its ex-post-facto approval to 800 crore capital infusion made in the Export Import Bank of India (EXIM Bank).

India mulls safeguard duty on steel imports

Last Updated: Tuesday, September 8, 2015, 22:49

The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.

Gold prices in India back at discount on weak demand

Last Updated: Friday, September 4, 2015, 12:50

Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world`s second-biggest consumer.

Cabinet approves reimbursement to 4 government agencies for import of pulses

Last Updated: Wednesday, September 2, 2015, 13:22

The Union Cabinet on Wednesday cleared reimbursement of Rs 113 crore of losses on pulses imported between 2006-11 by four government agencies.

Govt raises import tariff on gold to $369

Last Updated: Tuesday, September 1, 2015, 19:04

The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.

MMTC floats tender for import of 10,000 tonnes of onion

Last Updated: Saturday, August 29, 2015, 14:15

State-owned MMTC has invited bids for import of 10,000 tonnes of onion from countries like Pakistan, Egypt, China and Afghanistan to boost domestic supply and check prices.