Customs, excise shortfall pegged at Rs 11,000 crore
The revenue department has estimated a Rs 11,000-crore shortfall in collections during the current fiscal with customs collections expected to fall Rs 6,000 crore short of budget estimates and excise mopup expected to fall short by about Rs 5,000 crore.

Slowdown takes toll, foreign cement firms call off plans
The cement sector's largest-ever spell of recession is finally forcing international cement majors to shed their earlier optimism on India. Some big names, including British cement major Blue Circle and Scancem of Norway, have already shelved their India plans.

India yet to cash in on falling urea prices
India has not been able to take advantage of the sharp decline in global prices of urea and build enough buffer stocks through imports when the demand in the coming years are poised for a substantial jump.

  Executive Briefing
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  ICAR signs MoU with US university
  Centre ignores drug-price control norms
  Polymer traders may face action for under-invoicing
  Plan to make consultancy available to SMEs
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  Brazil to impose curbs on TV programmes
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  Germany calls for end to "nuclear arms race" in sub-continen
  Expert calls for a review of product patents
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  Oil exploration, production to be given top priority
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  Leather exports recover in April-August
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  Cotton Corp to support prices through purchases
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  World glut hits local yarn exporters
  Oilseeds shortfall likely during kharif season
  New cotton year may end with higher stocks
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  Truck freight rates to remain unstable
  AP asks Centre to relax procurement norms
  "Issues for the futures exchanges"
  Asian cocoa supply tight amid crop delay
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