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Falling crude, LNG, coal prices huge positive for India: Crisil

Falling crude, LNG, coal prices huge positive for India: Crisil

Last Updated: Thursday, August 21, 2014, 19:41

Falling prices of crude oil, thermal coal and liquefied natural gas (LNG) are huge positive for India as energy imports account for 36 percent of its total imports last fiscal, research firm Crisil Research said here.

No proposal under consideration to import pulses: Govt

Last Updated: Tuesday, August 12, 2014, 19:06

India largely import pulses through private traders.

Low prices, erratic monsoon boost cotton imports

Last Updated: Wednesday, August 06, 2014, 13:36

A sharp drop in cotton prices overseas and a weak monsoon have raised India`s imports in recent weeks.

Govt has no proposal to reduce gold import duty

Last Updated: Friday, July 25, 2014, 12:59

India, desperate to trim a gaping current account deficit, took a slew of measures last year to curb demand for bullion, its second-biggest import after oil.

India's energy imports may rise to $230 billion by FY23: Goldman

Last Updated: Friday, June 20, 2014, 13:56

India's annual energy import bill could jump to USD 230 billion by FY'23 from the current USD 120 billion but could get reduced significantly by switching from oil to natural gas and improving conservation, says a Goldman Sachs report.

Gold premiums in India halve on hopes of easier import rules

Last Updated: Friday, May 30, 2014, 15:38

Indian premiums fell to USD 30-USD 40 an ounce over the global benchmark, from USD 80-USD 90 last week.

NTPC plans to import 15 million tonnes of coal in FY15

Last Updated: Thursday, March 27, 2014, 17:13

The country's largest power producer NTPC has set a target of importing as much as 15 million tonnes of coal in the next financial year (2014-15).

Gems and jewellery exports dip 4% to $3.59 bn in Feb

Last Updated: Thursday, March 13, 2014, 17:33

Declining for the fourth month in a row, gems and jewellery exports in February fell by 4.15 percent to USD 3.59 billion due to sluggish demand in key markets such as the US and Europe.

Exports contract in Feb; $325 bn target may not be achieved

Last Updated: Tuesday, March 11, 2014, 20:45

India's exports contracted for the first time in eight months in February, making it difficult to achieve the target of USD 325 billion in this financial year even as a sharp dip in gold imports narrowed the trade deficit.

Gold-hungry traders tap Indians living abroad

Last Updated: Tuesday, December 24, 2013, 23:41

Gold premiums in India rose to a record USD 160 per ounce on London prices earlier in December.

GAIL asked to explain logic of seeking reopening of price

Last Updated: Tuesday, December 24, 2013, 18:26

State-run gas utility GAIL India Ltd has been asked to explain the basis on which it is seeking renegotiation of India's most expensive LNG import deal as the contract with Australia's Gorgon project has no such clause.

Gold still showing no sign of losing its sheen in India

Last Updated: Sunday, December 22, 2013, 21:03

Steady demand, despite import restrictions, saw gold prices swaying between Rs.26,440 per 10 grams in April to Rs.34,600 per 10 grams in August.