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Total 19 results found. Search for [ Govt cuts import duty on crude oil ]

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New Delhi, January 23, 2020
Other items that may face restrictions include copper and aluminium wire, microprocessors, computer and telecom products, turbojets, and aluminium ingots

January 20, 2020
The 94-year-old premier of Muslim-majority Malaysia has criticised India's new religion-based citizenship law and also accused India of invading the disputed region of Kashmir

KUALA LUMPUR, January 14, 2020
'We are concerned of course because we sell a lot of palm oil to India, but on the other hand we need to be frank and see that if something goes wrong, we will have to say it,' Malaysian PM said

Mumbai, January 9, 2020
India had earlier this week informally asked palm oil refiners and traders to avoid buying Malaysian palm oil

New Delhi, January 8, 2020
Coal mining sector: The move is likely to create an efficient energy market and bring in more competition as well as reduce coal imports

Joe C Mathew
New Delhi, January 2, 2020
As part of strengthening the quality monitoring, the government will also have quality standards set for many of these products

New Delhi, January 2, 2020
For Republic Day Parade 2020, a total of 56 tableaux proposals -- 32 from states and union territories and 24 from central ministries and departments -- were received, according to Defence ministry

January 2, 2020
The import duty cut has been done within the framework of ASEAN agreement and the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA), according to Finance Ministry notification

Naveen Mathur
December 16, 2015
Expect base metal prices to trade lower as investors are keeping an eye on US rate decision. However, favorable Chinese industrial production along with supply cuts will restrict sharp fall.

Naveen Mathur
January 12, 2015
Crude oil prices will continue to see weakness as ample supplies and bleak demand will exert downside pressure.

New Delhi, February 3, 2014
Import tariff value is the base price at which customs duty is determined to prevent under-invoicing. The tariff value is revised on a fortnightly basis after analysing the global price trend.

New Delhi, November 1, 2013
The government has slashed the import tariff value of gold to $440 per ten gram and raised it on silver to $738 per kg, in line with global prices of the precious metals.

New Delhi, October 17, 2013
Tariff value is the base price at which the customs duty is determined to prevent under-invoicing. It has been cut to $418 per 10 gram for gold and $699 per kg for silver.

New Delhi, June 2, 2013
Keeping in view the volatile price trend in global bullion market, the government has raised the import tariff value of gold to $459 per 10 grams, while it has been slashed at $737 per kg for silver imports.

Motilal Oswal
February 5, 2013
Motilal Oswal, Chairman, Motilal Oswal Financial Services says Chidambaram will take decisive steps in the budget to turn the economy around and create a more investment-friendly climate.

New Delhi, January 2, 2013
Gold import is a major constituent of India's rising Current Account Deficit, which widened to a record high of 5.4 per cent of GDP, or $22.3 billion, in the July-September quarter.

Rajiv Bhuva
May 11, 2012
Oil imports are where a weak rupee hurts India the most. At $155.6 billion, oil accounted for nearly 32 per cent of total imports in 2011-12. A weak rupee increases the import bill and cancels out the benefit of any decline in global crude prices.

New Delhi, March 23, 2012
The government on Friday reduced the import tariff value of gold from $573 per 10 grams to $530 per 10 grams, while the value was kept unchanged at $1,036 per kg for silver imports.

Sanjiv Shankaran
March 20, 2012
Fiscal deficit feeds into inflation, pushes up interest rates and pulls down growth. In 2011/12, India's fiscal deficit was 5.9 per cent of GDP, 1.3 percentage points more than what was forecast in Budget 2011. This comes on the heels of a fiscal deficit of over six per cent of GDP in two of the last three years.