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petrol, diesel, atf, crude

Government tightens grip on petrol, diesel, ATF refiners with plan to tax windfall gains as crude price soars

After the DGFT decision, producers will hold the inventories as they will not be able to export easily due to…

Updated: July 1, 2022 17:19 IST

Commerce Ministry makes case for encouraging domestic manufacturing of 102 items to cut imports

As many as 88 items such as gold, natural gas, crude palm oil, and integrated circuits have shown increase in…

April 28, 2022 17:22 IST

India trade deficit, merchandise trade

India’s trade deficit widens to $9.9 bln in March; import of petroleum, crude products nearly doubled

“The non-gold trade deficit widened multifold to US$17.5 billion in March 2022 from US$5.1 billion in March 2021, driven by…

April 13, 2022 14:45 IST

santosh sarangi

Interview: India has learnt from past mistakes and got creative in signing FTAs, says DGFT

In his first interview as the DGFT chief, Sarangi tells FE’s Banikinkar Pattanayak that the government has been working to…

Updated: April 11, 2022 13:28 IST

February exports rise 22%, imports jump 35%

The official data showed petroleum products were the biggest driver of exports with a year-on-year surge of 66%.

March 3, 2022 06:15 IST

Russian diamond giant ALROSA assures Indian traders of steady supply

Diamonds alone make up 50% of the country’s total gems & jewellery exports.

March 3, 2022 00:16 IST

diamond

Transaction freeze by Indian banks may hit rough diamond import deals

Apart from diamond imports, the other trade transactions that may be affected are sunflower oil imports into India, 90% of…

March 2, 2022 06:10 IST

Russia-Ukraine crisis may raise retail inflation in India on costlier transport, higher oil import bill

“Higher crude oil prices will keep CPI inflation higher for longer, obliging the RBI to raise rates more than the…

February 23, 2022 12:29 IST

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Centre offers pulses from buffer to states’ welfare schemes

Centre offers pulses from buffer to states’ welfare schemes

Economy33 min ago

The government has advised states to procure pulses from the central buffer instead of the open market to simplify the process and maintain stable prices. They have 2.8 MT of stock for allocation at MSP or dynamic reserve price. India imports 18-20% of its pulse consumption and has allowed duty-free imports to boost domestic supplies.

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