Govt taking steps to reduce country's dependence on imports of antibiotic raw materials
As per the information received from the port offices of the Central Drugs Standard Control Organisation (CDSCO), it stood at 12,006.11 metric tonne (MT) for 2018 and 5,591.44 MT in 2017, Minister of Chemicals & Fertilizers D V Sadananda Gowda said. In this direction, the government has withdrawn exemption of customs duty on certain categories of bulk drugs/ APIs.
UP mills want to make more raw sugar to step up exports
Government of India has allowed export of 6 million tonnes of sugar during 2019-20 under Maximum Admissible Export Quota (MAEQ) to help deal with the surplus sugar stocks in the country.
Hizbul lawyer nabbed with Dy SP was picked up and let off in 2019
Probe reveals Irfan Shafi Mir, the lawyer, was main conduit; role of intelligence agencies under cloud; Irfan’s complex network of police and militant contacts trace their roots to his father Mohd Shafi Mir, who was a constable with J&K police.
Raw sugar slips from 2-year peak, coffee weakens
The contract fell 0.4 per cent on the week.
Zuari Agro shuts NPK plant due to non-availability of raw material
"NPK - a plant of the company has been shut down due to non-availability of raw material. We will inform you once the plant operations resume," the company said in a BSE filing.
Govt may consider import duty cut on raw material for fertiliser industry in Budget
The government may consider cut in import duty on raw material used in the fertiliser industry in the forthcoming budget with a view to boost domestic manufacturing in the country.
Steel industry seeks duty cut on key raw materials in Budget
The basic customs import duty on anthracite coal is 2.5 per cent. Since ferro alloy industry plays a vital role in steel manufacturing, it is necessary to make available these reductants at international competitive price to make Indian steel mills more competitive, it said while recommending that customs duty on anthracite coal be reduced to zero from 2.5 per cent.
JK Paper Q3 net up 18% at Rs 132 crore
Total income during the period under review stood at Rs 849.25 crore as compared to Rs 883.56 crore in the year-ago period.
Budget 2020: ISSDA seeks nil duty on import of key raw materials
ISSDA also urged the government for simultaneous imposition of 12.5% custom duty on stainless steel flat product imports in order to bring it at par with carbon steel. The association has also sought abolition of 7.5% import duty on graphite electrodes, another major raw material for stainless steel manufacturing, an official statement said.
Edible oil producers seek lower duty on raw, refined imports
Producers seek decreasing import duties of crude palm oil (CPO) to 30% from 40% and refined palm oil to 45% from current 50%
Generico gets Rs 10 crore funds from Alteria Capital
Alteria Capital, founded in 2018 by Vinod Murali and Ajay Hattangdi, typically puts in between Rs 2 crore and Rs 100 crore in startups across sectors. In Generico, it is investing out of its maiden Rs 962 crore venture debt fund.
Cement earnings may improve in FY20 on lower input costs
It has been continuously falling from the peak of Rs 368 per bag in May 2019.
Canon EOS 90D review: Get accurate autofocus, uncropped videos and excellent raw images
The DSLR camera is not just for still images but also 4K cropped and uncropped videos.
Army wants Doklam panel under new Deputy Chief, cabinet nod awaited
The Indian Army is planning to institutionalise the key war committee that was created during the Doklam standoff between India and China in 2017. This setup is established only during a war like situation, otherwise all these heads work under different verticals. The defence ministry has approved the proposal.
PM inaugurates 'Kashi Ek Roop Anek' exhibition in Varanasi
Prime Minister Narendra Modi on Sunday inaugurated 'Kashi Ek Roop Anek', a cultural arts and handicrafts exhibition, at the Pandit Deendayal Upadhyay Hastkala Sankul in Varanasi. There are 23 lakh artisans and weavers residing in Uttar Pradesh.
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