HYDERABAD Telangana Minister for Agriculture Tummala Nageswara Rao has requested the Centre, particularly Union Minister of Agriculture Shivraj Singh Chouhan, to ensure minimum support price of at least ₹20,000 per tonne to oilpalm bunches to protect the interests of farmers taking to the plantation crop that has the potential to reduce the edible oil import bill considerably. Further, he suggested …
The gold industry on Friday unanimously slammed the steep hike in import duty of gold and precious metals from 10 per cent to 12.5 per cent, saying it will backfire and hit the Indian retail market. A disappointed Gem & Jewellery Export Council Chairman Pramod Kumar Agrawal said the increase in import duty on gold, silver and precious metals, cut …
Ahead of the budget, aluminium producers have sought steps from the government to hike import duty on primary aluminum, scrap and downstream products and rationalise costs of raw materials. In contrast, a lack of similar policy support pushed the aluminium industry to post highest ever aluminium import of 23 lakh tonnes in FY19, 58 per cent of India's demand, resulting …
The managing director of Titan Industries has said the hike in import duty is small but is not expected to affect consumer demand too much. Customers have paid much higher prices over the year because of the global increase in the price of gold” said Bhaskar Bhatt, managing director, Titan Industries told CNBC TV18 when asked what impact the hike …