import duties

Inflation affected PC sales in Q1 of 2012 in India: Gartner


May 25th, 2012 - 8:28 pm ICT by IANS
New Delhi, May 25 (IANS) High inflation and increased prices during the first quarter of 2012 affected sale of personal computers in India, research firm Gartner Inc said Friday."Consumer buying ... Read more...

Posted in Business |

Lift aluminium import duties, government urged


May 10th, 2012 - 11:41 pm ICT by IANS
New Delhi, May 10 (IANS) Federation of Indian Micro and Small and Medium Enterprises (FISME) Thursday called for immediate lifting of import duties on electrical-grade aluminium for speeding up power ... Read more...

Posted in Business |

Sony expects to earn 10 percent of global business from India


April 25th, 2012 - 7:11 pm ICT by IANS
Kolkata, April 25 (IANS) Japanese electronic goods maker Sony is expecting to garner 10 percent of its total global business from India after five years."At the moment, five percent of ... Read more...

Posted in Business |

Lalu Prasad takes jewellers’ concerns to Mukherjee


April 5th, 2012 - 9:29 pm ICT by IANS
New Delhi, April 5 (IANS) A group of jewellers led by Rashtriya Janata Dal leader Lalu Prasad met Finance Minister Pranab Mukherjee Thursday to press their demand to roll ... Read more...

Posted in Business |

Tax hikes to hit household budgets


April 1st, 2012 - 6:45 pm ICT by IANS
New Delhi, April 1 (IANS) Household budgets will be hit hard as the two percent increase in service tax and excise duty contained in the budget for 2012-13 came ... Read more...

Posted in Business |

India asks Kenya to cut duties on textile imports


March 20th, 2012 - 9:24 pm ICT by IANS
New Delhi, March 20 (IANS) India Tuesday asked Kenya to reduce duties on imports of textiles, especially man-made fibres, from this country.During a meeting with his Kenyan counterpart Chirauli Mwakwere ... Read more...

Posted in Business |

Budget impact: Toyota Kirloskar to increase prices


March 16th, 2012 - 10:16 pm ICT by IANS
Chennai, March 16 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Private Ltd said Friday it would have no option but to raise the prices of its cars following the ... Read more...

Posted in Uncategorized |

Maldives: a nation of 1,190 coral islands (Lead)


February 7th, 2012 - 7:39 pm ICT by IANS
Maldives is located in the Laccadive Sea in the Indian Ocean, 400 km southwest of India's southern coast.It is an archipelago of 1,190 coral islands grouped in a double chain of ... Read more...

Posted in Uncategorized |

Most CIS states sign free trade zone agreement


October 19th, 2011 - 4:06 pm ICT by IANS
St Petersburg (Russia), Oct 19 (IANS/RIA Novosti) The majority of the Commonwealth of Independent States (CIS) countries have agreed to set up a free trade regime after two decades of ... Read more...

Posted in Business |

Need better standards in electronics manufacturing: CII


September 25th, 2011 - 3:35 pm ICT by IANS
New Delhi, Sep 25 (IANS) India needs to develop better standards to push the domestic manufacturing of electronic products in line with international practices, the Confederation of Indian Industry ... Read more...

Posted in Uncategorized |

India, Japan implement economic pact; aim to double trade (Lead)


August 1st, 2011 - 9:42 pm ICT by IANS
New Delhi, Aug 1 (IANS) India and Japan Monday implemented a comprehensive economic partnership agreement (CEPA), aiming to provide greater access to each other's markets and almost double the bilateral ... Read more...

Posted in Business |

No need to revise fiscal deficit target: Pranab


July 5th, 2011 - 5:50 pm ICT by IANS
New Delhi, July 5 (IANS) The government will stick to its fiscal deficit targets despite loss of revenue due to reduction in levies on petroleum products following the recent ... Read more...

Posted in Business |

Haldia Petrochemicals on road to recovery: Official


June 15th, 2011 - 11:40 pm ICT by IANS
Kolkata, Jun 15 (IANS) Haldia Petrochemicals Ltd (HPL), a joint-venture of the West Bengal government and the Chatterjee Group, will be on the road to recovery once issues of ownership, ... Read more...

Posted in Business |

Oz retailers fight online rivals with ‘try-on’ charges


April 11th, 2011 - 6:27 pm ICT by ANI
Melbourne, Apr 11 (ANI): Shop operators in Australia have come up with a smart tactic to stop shoppers who use their changing rooms to try on garments that they then buy online.Customers ... Read more...

Posted in World |

Budget remembers Tagore, award to be instituted


February 28th, 2011 - 4:28 pm ICT by IANS
New Delhi, Feb 28 (IANS) The government will institute a new international award in memory of Nobel laureate Rabindranath Tagore, whose 150th birth anniversary is May 7 this year, Finance Minister ... Read more...

Posted in Business |

Syrian government gives money to poor


February 20th, 2011 - 5:09 pm ICT by IANS
Damascus, Feb 20 (IANS) The Syrian government has started giving out cash payments to thousands of poor people in an effort to tackle the high levels of poverty over fears that the ... Read more...

Posted in Politics |

High transport costs, import duty impeding trade: Ecuador envoy


February 14th, 2011 - 5:45 pm ICT by IANS
Kolkata, Feb 14 (IANS) Ecuador's ambassador to India Carlos Abad Monday said the high transport costs and heavy import duties levied by India have been acting as hurdles in strengthening trade relations ... Read more...

Posted in Business |

EU gives trade preferences to Pakistan


October 8th, 2010 - 12:33 am ICT by IANS
Brussels, Oct 7 (IANS) The European Union Thursday adopted a proposal for suspension of import duties on a number of export items from Pakistan to help the country recover from the unprecedented ... Read more...

Posted in South Asia |

EU and South Korea sign Free Trade Agreement


October 6th, 2010 - 7:21 pm ICT by BNO News
BRUSSELS (BNO NEWS) -- The European Union (EU) and South Korea on Wednesday signed a Free Trade Agreement (FTA), marking the most ambitious trade agreement ever negotiated by the EU and the ... Read more...

Posted in Business |

Govt to announce sops for tyre industry next month


September 13th, 2010 - 5:43 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government is likely to lower import duties on rubber to help the tyre industry, which is facing cost pressure because of a supply crunch of raw ... Read more...

Posted in Business |

U.S. Indicts 11 Executives Accused By The U.S. Of Involvement In Honey Smuggling


September 3rd, 2010 - 6:20 pm ICT by Pen Men At Work
September 3, 2010 (Pen Men at Work): The powers that be in the US have indicted 11 German and Chinese executives for conniving to unlawfully import honey worth $40m from Communist China. ... Read more...

Posted in World News |

‘Pakistan is too important for EU to ignore’


August 13th, 2010 - 4:20 am ICT by IANS
Brussels, Aug 13 (DPA) Pakistan is too important for the European Union to ignore and the EU's foreign ministers should discuss it as a priority at their next meeting, the EU's foreign ... Read more...

Posted in South Asia |

Male Accused Of Participation In Knife Attacks In Virginia And Michigan Seized


August 12th, 2010 - 10:45 pm ICT by Sampurn Wire
Washington, August 12, 2010 (Just Flashed): A male, who has been accused of involvement in a sequence of knife attacks in Virginia and Michigan, has been detained at the Atlanta airdrome. ... Read more...

Posted in Entertainment |

Anand Sharma attends US-India CEO forum meeting to promote investment and job growth


June 23rd, 2010 - 1:55 pm ICT by ANI
Washington, June 23 (ANI): Minister for Commerce and Industry Anand Sharma led an official delegation for the second meeting of the reconstituted US-India CEO Forum here on Tuesday.The meeting was co-chaired ... Read more...

Posted in World |

High yarn prices may cause lay-offs in hosiery industry


June 10th, 2010 - 8:04 pm ICT by IANS
Kolkata, June 10 (IANS) The hosiery industry may soon face massive lay-offs if the government does not take steps to reduce the prices of cotton yarn by cutting down exports, a manufacturers' ... Read more...

Posted in Business |

Discuss India-EU trade deal in parliament: CPI-M


May 23rd, 2010 - 11:55 pm ICT by IANS
New Delhi, May 23 (IANS) The Communist Party of India-Marxist (CPI-M) Sunday said the government should not proceed further on India-European Union Free Trade Agreement (FTA) unless all negotiating drafts were discussed ... Read more...

Posted in Politics |

Anand Sharma slams opposition for playing politics on price rise issue


March 4th, 2010 - 7:03 pm ICT by ANI
New Delhi, Mar 4 (ANI): Minister of State for Commerce and Industry Anand Sharma on Thursday slammed the opposition for playing petty politics on the issue of price rise.On the sidelines ... Read more...

Posted in National |

Continue incentives for textile sector: minister


February 23rd, 2010 - 8:10 pm ICT by IANS
New Delhi, Feb 23 (IANS) Amid speculation of partial withdrawal of stimulus in the coming budget, Textiles Minister Dayanidhi Maran Tuesday urged the government to continue the incentives for some more time ... Read more...

Posted in Business |

CII demands Rs.50 bn for Technology Upgradation Fund Scheme


February 16th, 2010 - 7:14 pm ICT by IANS
Chennai, Feb 16 (IANS) The Confederation of Indian Industry-Southern Region (CII-SR) Tuesday asked the government to provide Rs.5,000 crore (Rs.50 billion) towards the Technology Upgradation Fund Scheme (TUFS) and scrap the import ... Read more...

Posted in Business |

Steps taken to check rising food prices, says government


December 17th, 2009 - 6:54 pm ICT by IANS
New Delhi, Dec 17 (IANS) The government Thursday said it was concerned over rising food prices and has taken several steps to check this. "The government is concerned about the increase in food ... Read more...

Posted in Business |

Supply of some commodities still a problem: Cabinet secretary


November 16th, 2009 - 2:49 pm ICT by IANS
New Delhi, Nov 16 (IANS) Cabinet secretary K.M. Chandrasekhar Monday said supply constraints of some commodities still existed and the price situation would ease as soon as the supply improved. "There are supply ... Read more...

Posted in Business |

South Korea ratifies free trade pact with India


November 6th, 2009 - 4:01 pm ICT by IANS
Seoul, Nov 6 (DPA) South Korea's parliament on Friday ratified a comprehensive economic partnership deal with India, paving the way for closer trade ties. Seoul's ratification opens the way for eliminating or lowering ... Read more...

Posted in Business |

Poultry farmers in Punjab lament J & K Govt’s high import duties


September 7th, 2009 - 10:45 pm ICT by ANI
By Ravinder Singh RobinBale Chak Village,Tarn Taran, (Punjab), Sep. 7 (ANI): Poultry farming in Punjab, which suffered heavy losses and closures during terrorism days and recently following the Bird flu scare, ... Read more...

Posted in Feature |

CPI-M demands white paper on India-ASEAN trade pact


August 14th, 2009 - 5:20 pm ICT by IANS
New Delhi, Aug 14 (IANS) The Communist Party of India-Marxist (CPI-M) Friday demanded that the central government bring out a white paper explaining the impact of the India-ASEAN Free Trade Agreement (FTA) ... Read more...

Posted in Business |

Selja meets Pranab, asks for budgetary sops for tourism


June 26th, 2009 - 8:33 pm ICT by IANS
New Delhi, June 26 (IANS) Union Minister for Tourism Kumari Selja Friday urged Finance Minister Pranab Mukherjee to offer budgetary incentives for the tourism industry as it is facing a crunch due ... Read more...

Posted in Business |

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