‘Coal import in June qtr rises 4% to 58 MT’

India imported 57.99 million tonne(MT) of coal in April-June, registering an increase of 4.1 per cent from the same quarter of 2017-18. Coal import in the year-ago period stood at 55.69 MT, as per the latest data from mjunction services, an online procurement and sales entity jointly floated by state-owned SAIL and Tata Steel. “Overall,
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Chinese buyers have lowered their bids for September-loading shipments of Australian 5,500 kcal/kg NAR thermal coal to $60-$61/mt FOB Newcastle as stocks continue to build at Chinese ports, sources said Friday. August and September are low season months in the Chinese coal consumption calendar, a market source said. Market expectations are for Chinese buying interest
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The 38th batch of Export Import Workshop will commence on September 22, 2018, Saturday at 6 pm atAll India Institute of Local Self Government, ‘Sthanikraj Bhavan’, C. D. Barfiwala Marg, Juhu Galli, Andheri (W), Mumbai. It will be conducted by Mr Ajit Shah, who has years of experience in coaching export-import subjects in various institutions.
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With the aim to boost domestic manufacturing and create employment opportunities, the government has doubled the import duty on 328 textile products to 20 per cent. A notification to this effect was tabled by the Minister of State for Finance, Mr Pon. Radhakrishnan, in the Lok Sabha. The notification seeks to “increase Customs duty on
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MUMBAI: FIEO (WR) has scheduled a Two Days Certificate Course on Export and Import Management at Mumbai on 9-10 August, 2018. The main objective of the Course is to educate the participants regarding the various intricacies of International Trade including “Documentation, Product & Market Selection, Shipping, International payment mechanisms etc. and also to provide an
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NEW DELHI  The Government has extend by 45 days the deadline for imposition of higher customs duties on 29 products, including almond, walnut and pulses, imported from the US. The duties would now come into effect from September 18, according to a notification of the Finance Ministry. As per a June notification, the duty hike
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China has added US LNG to its list of products liable to a potential 25% import duty if the US follows through on threats to expand its existing round of tariffs on Chinese exports, according to an announcement Friday by the Customs Tariff Commission of the State Council. The move by Beijing comes in response
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The Union Minister of Petroleum & Natural Gas, Mr Dharmendra Pradhan, has said that India has taken note of the re-imposition of US sanctions on Iran in wake of the US pullout from the Joint Comprehensive Plan of Action on May 8, 2018. Crude oil price fluctuation is a frequent market phenomenon and the price
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The European Union will import more U.S. soybeans as part of a new accord to avoid an all-out trade war. Yet the bloc was already likely to take more American shipments. That’s because the 25 percent tariff China slapped on U.S. soy imports earlier this month promises to reshape the global market for the commodity.
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NEW DELHI: The Government has doubled import duty on over 50 textile products — like jackets, suits and carpets — to 20 percent, a move that is aimed at promoting domestic manufacturing. The Central Board of indirect Taxes and Custom (CBIC) recently notified list of textile products on which duties have been hiked to 20
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