Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …

The challenges that India's agriculture faces

The challenges that India's agriculture faces in the coming years remain enormous. Though we have achieved self-sufficiency in cereal production, we continue to depend on imports for pulses and edible oils. We continue to face the problem of under-nutrition, particularly among our children and women. Ensuring food and nutritional security …

Global financial crisis: implications for trade and industrial restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. the estimated results show that show that changes in trade composition are positively associated with changes in manufacturing composition in India, controlling for other variables. However, there is no strong indication that Indian industry has been …

Bangla lifts ban on coal

The Bangladesh government has lifted the restriction on import of coal from Meghalaya this year. The Bangladesh government was to impose a ban on import of coal from Meghalaya from tomorrow. General secretary of Meghalaya International Trader

Coal India Wants 10% Cap on E-Auction Removed

It also wants abolition of temporary coal supplies to captive coal block owners Coal India wants to lift the 10% cap on e-auction and intends to offer the entire production of coking coal through this platform as well. It also wants abolition of temporary coal supplies to captive coal block …

Cut import duties on auto, components: Ratan Tata

At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-EU FTA, Tata group chief Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas. In an interview to the market research firm JD Power, Tata said such high …

Solar power can save over 30% of India's coal imports

MUMBAI With the international coal prices witnessing an upward trend, switching to solar power could save over 30% of India's coal imports, according to a survey conducted by consultancy firm KPMG.

The myth of energy security

Turmoil across the Middle East and North Africa has refocused attention on the impact that political tensions or interference can have on the price and availability of energy imports. Against consumer fears of gasprice hikes, energy security ranks high on many western governments

State to import 8 lakh tonne coal to run power plants

To overcome the hurdles in power generation in the State due to coal shortage, the Madhya Pradesh Government has decided to import 8 lakh metric tonne of fossil fuel for its thermal power stations this fiscal year. The power generating capacity of the State has been hit by the shortage …

Maldives to cut import duty on diesel by 50 percent

The Cabinet, after deliberating on the impact of increasing prices of diesel in the world market to Maldivian economy, has today decided to cut import duty on diesel by 50 percent. State Trading Organisation (STO) has recently increased price of diesel twice, in response to rising world oil prices, especially …

HC notice to state, Centre over CNG policy

AHMEDABAD: The Gujarat high court on Monday sought explanation from the state government, Centre and gas companies in regard with a PIL seeking additional quota of natural gas from the Centre for Gujarat for domestic and vehicular usage at the administrative price mechanism (APM) rate. The petitioner - Dhrangadhra Prakrutik …

Food inflation: India's permanent challenge

Balancing the conflicting interest of farmers, intermediaries and consumers is a tightrope walk for the Indian government even when there is price tranquility. This balancing exercise has become nightmarish in recent years with food inflation showing persistency and turbulence. These developments prompted the Cabinet Secretary to constitute an inter-ministerial group …

Nepal declares energy emergency

REELING under routine 12-hour power cuts daily, Nepal has launched an ambitious multibillion rupees initiative to add 2,500 megawatts (MW) of electricity by 2016. Addressing the country’s Parliament on March 23, Bharat Mohan Adhikary Deputy Prime Minister who also holds the finance and energy portfolios, declared the next four-and-a-half years …

Import price of phosphatic & potash fertilisers raised

The government on Thursday raised the benchmark prices at which fertiliser companies and designated traders can import phosphatic and potash fertilisers with subsidy support so that farmers have uninterrupted supply of plant nutrients in the coming monsoon season despite higher global prices. The subsidy given to companies for making the …

Govt increases prices of imported DAP, MoP

The Union Cabinet on Thursday gave a nod to increasing the benchmark prices of di-ammonium phosphate (DAP) and muriate of potash (MoP) to ensure adequate availability during the upcoming kharif sowing season. The benchmark price will be increased to $612 per tonne for DAP and $420 per tonne for MoP …

Long hybrid car imports to be restricted

Finance Ministry General Secretary Don S. Jayaweera yesterday (27) said the government was planning to restrict the number of long hybrid vehicles entering the country. More than 1,000 hybrid vehicles have been imported in to the country during the past three months. The government increased import taxes on selected petrol …

New transport policy to limit auto imports

The Ministry of Labour and Transport Management (DoLTM) is drafting a new transport policy aimed at controlling auto imports and taking old vehicles off the roads. The policy targets limiting the import of two-wheelers in particular following the massive increment in their import during the last few years. Officials at …

No Ban, only stricter Checks on Food Imports From Japan

India will not ban food imports from Japan immediately as no item has yet tested positive for radioactive contamination. All food imports, however, will now need mandatory

India slaps 3-month ban on Japanese food imports

With rising fears of nuclear radiation contaminating the Japanese food chain, the Indian Government has decided to ban import of all food items from Japan for at least the next three months. The suspension of imports will be

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