Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
Rise in freight charges results in drop in railway indents Federation projects 15-20 % drop in shipments Operating margins come down to 10-12 % NEW DELHI: Making out a case for rolling back the duty hike, mining industry on Thursday said that iron ore exports have sharply dropped by up …
Press Trust Of India / New Delhi August 02, 2008, 3:52 IST The government will review the ban on the exports of non-basmati rice next week after taking a stock of the total availability of the grain. "We are having a meeting of the (empowered) Group of Ministers which is …
Bs Reporter / Kochi August 1, 2008, 22:14 IST Exports of coir and coir-based products in the first quarter of the financial year increased 7.83 per cent to 45,038 tonnes from 41,766 tonnes in the corresponding quarter last year. Earnings increased marginally by 1.99 per cent from Rs 127.10 crore …
This report provides a reminder of what know about the gains from international trade and highlights the challenges arising from higher levels of integration. It addresses a range of interlinking questions, starting with a consideration of what constitutes globalization, what drives it, what benefits does it bring, what challenges does …
Although China's agricultural reputation has been tarnished by widespread reports of food tainted with pesticides and other contaminants, the country is undergoing a rapid expansion in the production of and market for organic food. Spurred in part by growing demand for organic products from other nations, China now devotes more …
Bs Reporter / New Delhi July 31, 2008, 3:43 IST Bihar Chief Minister Nitish Kumar has appealed to Prime Minister Manmohan Singh to remove the recently-imposed ban on maize exports. At 1.7 million tonnes, the state accounts for 10 per cent of the country's total maize output. "The recent ban …
2008-09 Losses Could Fall Rs 45,000 Cr Under Chaturvedi Panel-Mooted Structure Deepshikha Sikarwar & Rajeev Jayaswal NEW DELHI THE estimated loss figures of oil companies at Rs 2,45,000 crore for 2008-09
2 MT OF DIESEL TO FEED DEMAND Rajeev Jayaswal & Soma Banerjee NEW DELHI FACED with an unprecedented growth in diesel demand, the government is examining the possibility of diverting to the domestic market 2 million tonnes of the 11 million tonnes a year of diesel that Reliance's Jamnagar refinery …
DOMESTIC sponge iron makers which includes firms such as Jindal Steel and Power (JSPL), Monnet Ispat and Vikram Ispat may not face the heat of the government's move to increase export cess on sponge iron as their exports are negligible. With a view to control inflation and escalating steel prices, …
THE LONG-TERM export contract of iron ore with Japanese and Korean steel mills may soon come under threat. Country's largest iron ore producer NMDC may terminate contracts with companies based in Japan and Korea unless buyers agree to pay substantially increased price for the ore. NMDC is forced to increase …
New Delhi, July 16: Union commerce minister, Mr Kamal Nath, said on Wednesday that his ministry has received no proposal to strip Reliance Industries Jamnagar refinery of its export oriented unit (EOU) status. Mr Nath also said that India could walk out of the WTO ministerial meet in Geneva next …
THE hurdles that pharmaceutical companies face in accessing global markets may now ease. The drug regulator's office is likely to extend the tenure of export licence and other approvals from one year to at least three years. The move is expected to help many pharma companies that export huge quantities …
Concerned that iron ore prices continue to rise and augment inflationary pressures on the economy despite the imposition of 15 per cent ad-valorem duty on its exports, the Committee of Secretaries (CoS) is likely to discuss tomorrow wide-ranging options on further disincentivising ore exports either by capping its overseas sale …
Incentives on export of basic raw material withdrawn NEW DELHI: Yielding to the textile industry's demand as also to rein in inflation, the Central Government has scrapped the customs duty on imports of raw cotton and withdrew incentives on export of the basic raw material with effect from July 8 …
BS Reporter / New Delhi July 10, 2008, 0:44 IST As part of its efforts to contain inflation, the government may consider imposing export curbs or duties on petrochemical products like polymers, a crucial raw material for plastic manufacturing, among other items. Sources said a meeting with industry representatives may …
PROTECTING GROWERS: Shankersinh Vaghela (left), Union Textile Minister and E.V.K. S. Elangovan, Minister of State for Textiles, at a press conference in Bangalore on Monday. BANGALORE: Addressing the media here on Monday the Union Minister of Textiles, Shankersinh Vaghela, said Indian exports of raw cotton, which amounted to nearly 100 …
