Petroleum refiners in the country are awaiting the government to solve the insurance issue of crude oil imported from Iran. The sanction imposed by western countries prohibits any firm from insuring crude oil imports from the gulf nation
Tag: import
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Refineries expect govt to address insurance issue
Petroleum refiners in the country are awaiting the government to solve the insurance issue of crude oil imported from Iran. The sanction imposed by western countries prohibits any firm from insuring crude oil imports from the gulf nation
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Ministry for restricted price pooling of coal
Reports suggest that the union coal ministry may restrict the proposed coal price pooling mechanism only to power projects getting commissioned after March 2009. In a note forwarded to the Cabinet Committee on Economic Affairs (CCEA), the coal ministry has proposed the limited application policy for price pooling. The CCEA had
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SIMA seeks imposition of duty on scrap import
In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
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SIMA seeks imposition of duty on scrap import
In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
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NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
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NMPT witnesses rise in calling of mainline vessels
P Tamilvanan, Chairman of New Mangalore Port Trust (NMPT) remarked that the rise in the increase in the number of mainline container vessels calling at the port was the result of the marketing efforts by the authority. From a humble beginning with one mainline vessel during 2007-08, now it is the 31st mainline vessel calling at the
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Exports grow 0.8% in January
During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove
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Exports grow 0.8% in January
During January 2013, India's exports expanded marginally by 0.8 percent to $25.6, ending eight straight months of decline. During the same month, imports grew 6.1 percent to $45.6 billion, data from the union commerce ministry shows. It is learnt that that marginal rise in exports is in line with the trend of the pace of contraction slowing down ove
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Aegis Logistics setting up terminal at Pipavav Port
Aegis Logistics is developing the first liquid terminal at Pipavav Port where a new berth for liquid cargo has already been built by the port. Specifically, the port has secured the requisite approvals for setting up a Bulk Liquid and Gas Storage Ter