CNBC-TV18 learns that the ministry may seek revision of basic customs duty between 10-25 percent, where the tax levied on long products would be 10 percent and on flat and stainless steel products would be 15 percent.
Government should repeal the proposed Quality Control Order with regard to steel imports else it would adversely impact India's international trade relations, an industry body has said.
In an interview with CNBC-TV18, Rajen Shah of Angel Broking picks two stocks as his multi-baggers for the day. Shah says, Navneet Publications and Mahindra Ugine, are looking interesting at the current price. He has a target of Rs 100 and Rs 120-130 respectively on both the stocks.
SP Tulsian of sptulsian.com in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee has given his four multibagger stock ideas that have the potential to give spectacular returns over the medium to long-term.