Following complaints from industry players, the Standard Board of Safeguards asked National Manufacturing Competitiveness Council (NMCC) to study the impact of import of raw materials for stainless steel products from China. NMCC is asked to study the impact of such imports on the competitiveness of the user industry of the product under consideration. The Board has also sought clarifi
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Ministry aims to reduce oil import
Petroleum Minister M Veerappa Moily said the government plans to reduce the import dependence for crude
BP withdraws from 9 blocks
After initial assessment, UK's BP decided to withdraw from 9 oil and gas blocks in which it bought stake from Reliance Industries (R
Assocham seeks solution to coal linkage issue
In order to ensure fuel for the upcoming power projects, the newly appointed Minister of State for Power Jyotiraditya Scindia must immediately resolve the coal linka
Copper makers suffer from high duty on raw material
Small and micro copper manufacturers in the country complain that their operation was unsustainable because of high import duty for raw material and less duty
Privatisation plan revived
Union Coal Ministry has decided to renew a decade-old proposal of opening up the sector for private investors in order to boost production in the sector.
CIL and Visakhapatnam Port to build berth
Coal India plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises.

