Articles for Prices Import

Increase in import duty on edible oil to help farmers: Shivraj Singh Chouhan
3 months, 1 week ago

Increase in import duty on edible oil to help farmers: Shivraj Singh Chouhan

The Hindu  

Union Minister of Agriculture Shivraj Singh Chouhan welcomed the decision to increase the import duty on edible oils from 0% to 20% and said it was a big move in favour of farmers’ welfare. In a statement in New Delhi on Saturday, the Minister also welcomed the decision to remove minimum export duty on Basmati rice, as well as the …

Oil Farmers Rice Prices Centre Ministry Export
India coal production rises 8.55% to record 223.36 million tonne in Q1FY24
1 year, 5 months ago

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24

Live Mint  

New Delhi: India’s coal production grew 8.55% year-on-year to 223.36 million tonne during the June ended quarter of fiscal 2023-24, the ministry of coal said in a statement on Friday. “India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording highest ever coal production at 223.36 million tonne, representing a substantial growth of 8.55% …

India Production Coal Coal Production Import Prices Prices Import
Gold rates today at life-time high after budget 2023 proposal. Buy or hold?
1 year, 10 months ago

Gold rates today at life-time high after budget 2023 proposal. Buy or hold?

Live Mint  

Gold rates today climbed to a new life-time high of ₹58,060 per 10 gm on Multi Commodity Exchange. Highlighting the connect between the gold price rise and FM Sitharaman's budget speech, commodity market experts said that gold price today hit new high because of the budget proposals to increase the import duty on silver Dore, bars and articles to align …

India Market Budget Duty Gold Proposal Articles
Why dipping oil price may not mean cheaper fuel
2 years ago

Why dipping oil price may not mean cheaper fuel

Live Mint  

New Delhi: Oil prices that shot up after Russia invaded Ukraine in March plunged as low as $76.1 early December, bringing cheer for the economy. Crude oil prices which touched rock-bottom when the covid pandemic broke out in 2020 have gained steadily since then, as the world made progress in the battle against the coronavirus. With the global economy slowing …

India Ukraine Russia Oil Indian Prices Price
What inflation? US import prices drop, consumer sentiment rises
2 years, 4 months ago

What inflation? US import prices drop, consumer sentiment rises

Al Jazeera  

United States import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non-fuel costs, while consumers’ one-year inflation outlook ebbed in August, the latest signs that price pressures may have peaked. In the 12 months through July, import prices gained 8.8 percent after a 10.7 percent rise in June, …

Consumer Inflation Prices Price Month Drop Fell
How much should India worry over Indonesian palm oil export ban?
2 years, 7 months ago

How much should India worry over Indonesian palm oil export ban?

Business Standard  

It is not just a cooking oil confined to kitchens. More than 60% of this, around 8-8.5 million tonnes, is palm oil and 45% of that comes from Indonesia and the remaining from neighbouring Malaysia The prices of vegetable oils like mustard oil, soya oil, sunflower and palm oil have gone up by as much as 25% over the past …

India Oil Prices Indonesia Million Export Tonnes
Fuel price hike hits MSMEs hard
2 years, 8 months ago

Fuel price hike hits MSMEs hard

The Hindu  

The recent increase in fuel prices is having a cascading effect on the already bleeding medium, small, micro enterprises in Karnataka, say stakeholders. The MSME community will be able to withstand the onslaught of soaring inflation only if the Government takes immediate action to cut the cost of raw materials, increase the working capital by encouraging banks to lend more, …

Materials Raw Materials Cost Increase Msme Raw Operational Costs
Coronavirus Updates: In view of COVID-19 case surge, tender to be floated to import 50,000 MT of medical oxygen, says Centre
3 years, 8 months ago

Coronavirus Updates: In view of COVID-19 case surge, tender to be floated to import 50,000 MT of medical oxygen, says Centre

Firstpost  

11:18 PM Whatsapp Facebook Twitter Coronavirus LATEST Updates Centre asks states to ensure availability of essential supplies, stop panic buying by consumers Amid concerns over the availability of essential items in view of rising COVID-19 cases, the Centre on Thursday directed state governments to take steps to stop panic buying by people and ensure there is no hike in prices …

Centre Ist Stop Panic
Petrol prices breach Rs 100-mark: Modi blames previous govts for not reducing import dependence
3 years, 10 months ago

Petrol prices breach Rs 100-mark: Modi blames previous govts for not reducing import dependence

Firstpost  

Without referring to the relentless increase in retail fuel prices, Modi said India imported over 85% of its oil needs in the 2019-20 and nearly 53% of its gas requirement New Delhi: On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday said the middle-class would not have been burdened if the previous governments …

India Cent Modi Import Import Dependence Its Oil Needs
Budget 2021: Gems and jewellery industry cheer decision to cut import duty on gold, silver
3 years, 10 months ago

Budget 2021: Gems and jewellery industry cheer decision to cut import duty on gold, silver

India TV News  

The Modi government has announced a cut in the import duty on gold and silver, a move welcomed by the industry as it will bring down prices of precious metals in the domestic market and boost exports of gems and jewellery. Finance Minister Nirmala Sitharaman in her budget speech said that to bring the prices of precious metals closer to …

India Budget Precious Metals Duty Gold Silver Cent
Centre steps in to curb skyrocketing food prices
4 years, 1 month ago

Centre steps in to curb skyrocketing food prices

Live Mint  

Government on Friday decided to import 1 million tonnes of potatoes by 31 January next year and announced measures to curb rising prices of pulses to tame the galloping retail inflation. Trade and consumer affairs minister Piyush Goyal said import duty on potatoes have been reduced from 30% to 10% for the fresh imports including 30,000 tonnes from Bhutan for …

India Retail Inflation Prices Tonnes Goyal Import