To improve liquidity of millers, the government should remove export duty of 20 per cent and allow shipment of 2 million tonnes immediately, it said in a statement.
Minister of State for Commerce and Industry C R Chaudhary, however, said that the country has expanded the scope of India-Asean trade in goods agreement in November 2014.
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The other three sectors, which were not able to attract foreign inflows are - photographic raw film & paper, dye-stuffs and coir, according to the data shared by Minister of State for Commerce and Industry C R Chaudhary in a written reply to the Lok Sabha.
Playing spoilsport, alliance partner Suheldev Bharatiya Samaj Party (SBSP) today decided to skip the grand event held to celebrate the first anniversary of the Yogi Adityanath government in office and even took a pot-shot saying building temples in Mathura and Kashi will not solve any problem.
"At present, there is no proposal to review the gold import policy," Minister of State for Commerce and Industry C R Chaudhary said in a written reply to the Lok Sabha.
The agreement between India and the Hong Kong Special Administrative Region (HKSAR) of the People's Republic of China was signed by Indian Ambassador to China Gautam Bambawale and Hong Kong Finance Secretary Paul Chan Mo-po in Hong Kong, a press release from the Indian consulate in Hong Kong said.
The Department of Telecommunications (DoT) in a March 16 office memorandum titled 'non-adherence to contractual obligation of bank guarantees by Axis Bank' said no new bank guarantee from the lender should be accepted.
NBFC and housing finance companies are expected to expand at about 20-21 per cent compounded annual growth rate (CAGR) in this space during the period, while bank credit to this segment, which accounted for about 84 per cent of total MSME credit, is estimated to grow at a lower CAGR of 9-11 per cent, according to a report by Icra.
The chief of the government think-tank was in Ahmedabad yesterday where he spoke of Gujarat allocating more budgetary resources to different sectors including health and education.
This verification is to be completed by June and a status report has to be given to the Central Board of Excise and Customs (CBEC) by July 10. One-third of the remaining claims of 50,000 taxpayers will be verified in three phases -- July-September, October-December and January-March (2019).
In a global invitation, the heavy industry ministry has asked interested parties to submit the EoI on or before May 7, 2018. Scooters India Limited (SIL) is a PSU under the administrative control of the ministry.
Post announcement of the higher tariffs by the US government, aluminium premiums have risen sharply by 21 per cent in the US and by 10 per cent in Asia, reflecting the expectation of the commodity market that the above move is unlikely to have any significantly adverse impact on the global aluminium industry, the report said.
As against exports, the imports were lower at 6.45 MT during the said period, Minister of State for Steel Vishnu Deo Sai said in a reply to the Lok Sabha.
With the December quarter current account deficit worsening to 2 per cent of GDP, Bank of America Merrill Lynch (BofAML) raised its current account deficit (CAD) forecast for this financial year and for the next fiscal.
In a written reply to a question in the Legislative Assembly, Patil said that hailstorms and rain damaged agriculture crops over an area of 2.54 lakh hectare and multi-crops on an area of 38,046 hectare.
The country's top iron ore producer had earlier announced to commission its about Rs 18,000 crore integrated steel plant by May 2015.
However, Indeed said that clean labelling firms may re-kindle interest in agriculture jobs
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Talking on privatisation of PSBs at the News18 Network's Rising India Summit, the SBI chairman said that ownership of a bank should not matter and that it is all about ethics.
India's Current Account Deficit (CAD) has hit 2 percent of the gross domestic product (GDP). This is mainly due to higher oil imports.
Shobana Kamineni, President CII (India), said the Saarc region will continue to grow for another 25 years with 30-35 percent of its population as young with India alone nearly 60 percent of the people under the age of 35 years.
The Representation of People's Act, which lays down the rules for elections, bars political parties from accepting foreign funds.
This is so because there has been a 60 percent rise in the number of visitors to the coastal state during the rainy season last year, a Goa tourism official said.
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