US-bound ship hits Bharat Petroleum crude import facility
JAMNAGAR : A US-bound vessel from Sikka Port in Gujarat accidentally hit a Bharat Petroleum Corp’s (BPCL) crude import facility late on Sunday, two sources told on Monday.
Union Govt launches mission to boost oilseeds’ production and to reduce imports of cooking oils
GOGAMUKH : Union Agriculture Minister Shri Arjun Munda on Monday said the government has launched a mission to boost production of oilseeds and reduce imports of cooking oils. The minister virtually inaugurated administrative-cum-academic building,
Centre warns of price cap on Tur Dal imports
NEW DELHI : The Centre warned the industry that it may impose a price cap on imported tur dal to keep domestic prices in control as it is concerned about monopoly suppliers of Myanmar and Mozambique. In
India’s pulses demand to grow exponentially as economy set to reach $5 tonnes : DGFT
NEW DELHI : As India imports over 3 million tonnes (mt) of pulses annually even as production has jumped substantially, the Government sees the gap between demand and
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports
NEW DELHI : The government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals through which import of new vehicles is allowed, according to a
India increases import duty on gold and silver findings, coins of precious metals to 15%
NEW DELHI : The Finance Ministry has increased import duties on gold and silver findings, as well as coins of precious metals, to 15%. This comprises a Basic
India’s sunoil imports to falter as Red Sea attacks lift freight costs
NEW DELHI : India’s sunflower oil imports are set to decline in coming months as a rally in prices, driven by a surge in freight rates, is prompting buyers to
Govt should not cut import duties on parts used in making smartphones : GTRI
NEW DELHI : The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already
No import restrictions on certain IT products like desktop computers : DGFT
NEW DELHI : The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the
Switzerland’s decision to eliminate import duties limits FTA utility for India’
NEW DELHI : Switzerland’s policy to allow tariff-free entry for all industrial goods from all countries significantly limits India’s prospects of gains from India and the European Free