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Govt hikes import duty on sugar to 25%; may impact prices

Govt hikes import duty on sugar to 25%; may impact prices

Last Updated: Friday, August 22, 2014, 17:04

In a move that could lead to increase in sugar prices, the government on Friday hiked the import duty on both raw and refined sugar to 25 per cent from the existing 15 percent.

Govt hikes import duty on sugar to 25%; prices may go up

Govt hikes import duty on sugar to 25%; prices may go up

Last Updated: Friday, August 22, 2014, 13:00

In a move that could lead to rise in the price of sugar, the government on Friday hiked the import duty on it from 15 percent to 25 percent.

Goa seeks reversal of proposed hike in iron ore royalty rates

Last Updated: Thursday, August 21, 2014, 19:53

The Goa government will demand a rollback of hike in royalty rates of low grade iron ore proposed by Centre, saying profit margins of mining industry have shrunken due to a steady fall in international prices since 2011.

IT industry excited about govt's 'Digital India' plan: Nasscom

IT industry excited about govt's 'Digital India' plan: Nasscom

Last Updated: Thursday, August 21, 2014, 19:18

The Cabinet on Wednesday approved the ambitious 'Digital India' programme, which aims to connect all gram panchayats by broadband Internet, promote e-governance and transform India into a connected knowledge economy.

HDFC, ICICI, Prudential among top 3 fund houses, says report

Last Updated: Tuesday, August 19, 2014, 20:31

Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual Wealth Forum Advisor Confidence Survey report.

WHO sets up Ebola task force with global airline,travel sector

Last Updated: Tuesday, August 19, 2014, 13:54

The World Health Organization today said that it had set up a task force with the global airline and tourism industry in an effort to contain the spread of Ebola. The UN agency said it was working hand in hand with the International Civil Aviation Organization, the World Tourism Organization, Airports Council International (ACI), the International Air Transport Association and the World Travel and Tourism Council.

FDI in textile sector up 91% in 2013-14

Last Updated: Friday, August 15, 2014, 17:15

The country had attracted foreign direct investment (FDI) of $103.89 million during April-March, 2012-13.

Industry lauds PM's clear signals to make India manufacturing, export hub

Last Updated: Friday, August 15, 2014, 12:46

Seeking requisite policy support and implementation measures, the industry on Friday said the Prime Minister gave clear signals to domestic and global investors to make India an international manufacturing and export hub.

Mining industry seeks withdrawal of export duty

Last Updated: Thursday, August 14, 2014, 18:29

Mining industry officials on Thursday asked the Centre to withdraw the 10 percent export duty on heavy minerals and also the notification issued last month, saying it's already impacting the sector.

We will provide land for setting up industries: Mamata

Last Updated: Thursday, August 14, 2014, 18:14

In the backdrop of criticism by the opposition over lack of industries in West Bengal, Chief Minister Mamata Banerjee today said the state would provide land for setting them up.

Over Rs 24,000 cr allocation to boost MSME sector in 12th Plan

Last Updated: Wednesday, August 13, 2014, 19:37

The government has allocated Rs 24,124 crore to boost the country's micro, small and medium enterprises sector during the Twelfth Five-Year Plan period (2012-17), an increase of 133.53 percent over the Eleventh Plan, Parliament was on Wednesday informed.

Sun Pharma posts profit of Rs 1,390 cr in Q1

Last Updated: Wednesday, August 13, 2014, 00:21

Sun Pharma Tuesday posted a consolidated net profit of Rs 1,390.51 crore for the first quarter ended June 30.