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India forcing Iran to lower oil prices 20 December 2012
India has embarked on plans to cut the import of oil from Iran by as much as 10% to 15% or even more from Tehran if they don't assist the nation by lowering prices of the oil. India expects Iran...
Keywords: Iran, united states, oil imports from iran, united states
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Pawar policies led to Rs 1,200 crore loss on pulses: CAG 29 December 2011
In a report tabled in Parliament on Wednesday, the CAG says the ministry of consumer affairs, food and public distribution caused a loss of over Rs1, 200 crore to state-owned commodity trading agencies by not monitoring imports of pulses. Agriculture...
Keywords: Comptroller & Auditor General of India, Comptroller & Auditor General of India, Official food trading companies, Comptroller & Auditor General of India
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China surpasses US in trade 11 February 2013
China has now emerged as the world's biggest trading nation beating US in terms of the value of total exports and imports of goods and services. This is the first time that an Asian nation has surpassed the dominant position...
Keywords: exports and imports, China trade, biggest trading nation, global commerce
Read More The Second Costliest Imports of India is Reigned 14 November 2013
After oil imports, Gold imports are the highest to drain out Indian currency. Because of the diminishing value of Indian Rupee in the international exchange value, the Government of India took stern steps to curb gold imports by levying more...
Keywords: Finance Minister Chidambaram, Gold Demands in India, Second Costliest Imports of India is Gold, Second Costliest Imports of India is Reigned
Read More India permits price elevation in coal based power! 21 June 2013
India has determined to give permission to power companies to pass on the costs of foreign coal to customers, a minister said, a move likely to raise up imports as well as investment in power generation, on the contrary bringing...
Keywords: national news headline, india permits price elevation in coal based power, lengthy power cuts, burning the fuel
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Fake Transactions and Imports of Nirav Modi Traced 05 December 2019
Fake Transactions and Imports of Nirav Modi Traced:- Jeweler businessman Nirav Modi went absconding from the country and is caught in London. The Indian officials are trying hard to extradite him to the country and the case is going on...
Keywords: Nirav Modi news, Nirav Modi fake transactions, Nirav Modi news, Nirav Modi fake documents
Read More New Customs norms from Jan 1 31 December 2013
As the illegal Gold imports have raised to a huge margin in the year 2013, the Custom Authorities have tightened the regulations now and here after all passengers coming to India will now have to fill in a new detailed...
Keywords: New regulations from January 1st, Immigration, New regulations from January 1st, Business News
Read More Relaxation On Curbs on Gold Imports 24 December 2013
Due to the restrictions on the gold imports smuggling of gold in to India is rampant. To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...
Keywords: Relaxation Curbs on Gold Imports, Gold Business, Current Account Deficit (CAD), Anand Sharma
Read More An increase in petrol prices again 15 July 2013
Petrol prices rose by another Rs. 1.55 per liter last night. This is the fourth time, since the month of June, that prices of petrol have been revised, all thanks to rupee depreciation that has made oil imports expensive. Earlier,...
Keywords: petrol, rupee depreciation, oil companies, rupee depreciation
Read More India objectionably to ban gold imports! 20 June 2013
A senior finance ministry official said on Thursday that India would be objectionably to ban gold imports or strengthen import taxes on the metal further since because that may show the way towards more gold smuggling. The official added that...
Keywords: ban on gold imports otherwise strengthen import taxes, india objectionably to ban gold imports, strengthen import taxes, us
Read More High food prices push inflation up 14 August 2013
Increased food prices and costly imports have contributed to a faster rise in inflation in the past month. A rise of 5.79% is the fastest that inflation has jumped in the last 5 months. Costlier diesel equaled higher agricultural prices,...
Keywords: Inflation, Inflation, wholesale price index, Inflation
Read More Govt cuts Gold & Silver import tariff values 03 February 2014
The government has slashed the import tariff values of Gold and silver today. Till yesterday, the tariff value on imported gold was at $407 per ten grams now the value is $404 while silver is $663 per kg now it...
Keywords: silver tariff in India, Business, Gold & Silver imports, silver tariff in India
Read More Gold prices coming down 23 May 2014
With RBI lifting the restrictions on Gold imports, the price of precious metal is coming down slowly. Currently 10 grams of 22 carat gold is priced at Rs 26,600 while 24 carat is at 28,500.
Keywords: RBI, Gold Imports in India, RBI lifting restrictions on Gold imports, Gold prices
Read More RBI to check gold import 23 July 2013
India which happens to be the world's biggest gold-buying nation, has sharply blown fresh check on imports of the precious metal in a bid to check a record present account deficit. Furthermore, the Reserve Bank of India (RBI) announced late...
Keywords: precious metal imports., world's biggest gold-buying nation, india set ahead gold import checks, gold trading agencies
Read More New steel policy on the anvil 09 March 2012
A final draft note for the new national steel policy will be released by month end for discussions with the stakeholders in the sector. The government is preparing a new steel policy to revive the steel sector. The Ministry of...
Keywords: domestic and foreign investors, Steel Ministry, changed domestic and global scenario, Steel Ministry
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Andhra Pradesh Imports One Lakh Rapid Test Kits For Coronavirus 17 April 2020
Andhra Pradesh Imports One Lakh Rapid Test Kits For Coronavirus:- Andhra Pradesh stood last in the list of positive coronavirus cases but they have seen a huge rise from the past one week. The total number of positive cases in...
Keywords: rapid test kits, Coronavirus AP, Coronavirus deaths, AP rapid test kits latest updates
Read More India’s Toxic Import from Canada, Asbestos 21 January 2012
Asbestos is a conglomerate of six naturally occurring silicate materials, used for roofing in India. It is the source of respiratory problems say experts. The Indian government has massive plans to import Asbestos from Canada. The imported minerals shall be...
Keywords: Asbestos, Irony of Canada, Asbestos, Toxic Asbestos
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Indian Rupee falls to all time low - FOREX crisis may arise 17 May 2012
Greece political instability seems to have taken toll on the Indian rupee feel experts. The fundamental reason for the rupee trading at its lowest ebb on Wednesday, as it lost 70 paise from Tuesday’s close. The record lowest of the...
Keywords: Forex crisis, Fuels, Fuels, Greek Crisis
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