While import duty on walnut has been hiked to 120 per cent from 30 per cent, the same for shelled almond has been increased to Rs 120/kg from Rs 100/kg earlier. The import duty on chickpeas, Bengal gram (chana) and masur dal has been increased to 70 per cent from …
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China, US avert trade war: Beijing agrees to import more from America
After lengthy second round of talks in Washington, the two sides issued a joint statement early today vowing not to launch a trade war against each other. “We’re putting the trade war on hold. Right now, we have agreed to put the tariffs on hold while we try to execute …
Read More »Petronet LNG shuns plan to buy 25% stake in GSPC’s Mundra LNG import terminal
Petronet LNG has dropped plans to buy 25% stake in GSPC’s Rs 4,500-crore Mundra LNG import terminal in Gujarat to allow its promoter IOC to pick a larger stake. Indian Oil Corporation (IOC) has been talking to Gujarat State Petroleum Corporation (GSPC) for almost two years now for acquiring 50% …
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