Commercial Coal Mining In India Potentially Heading For Backburner

Signs are emerging that commercial coal mining in India, sans any end-use restrictions and permitting free merchant sale, will be put on the backburner, if not die a slow death altogether. Although no official acknowledgement of the same is forthcoming from any of the departments involved in opening up of the coal mining sector to
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NEW DELHI: India recently decided to defer for the third time tit-for-tat retaliatory tariffs against 29 American products worth $235 million that were to come into effect on 18th September to counter the US move to unilaterally raise import duties on Indian steel and aluminium products, said a person with knowledge of the development. The
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Indian refiners are preparing to cut daily Iranian crude oil imports nearly in half in September and October compared with the daily imports for April-August, according to data gathered by Reuters from industry and trade sources. Even with the reductions for this month and next, India refiners will still import about 73 percent of their
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The Prime Ministers of Bangladesh and India recently, via a video conference, marked the start of the construction on two rail projects, increasing hope that trade between the two countries will soon be transported via the fastest, most cost-effective mode possible. Of the two rail projects, the Kulaura-Shahbazpur section rehabilitation of the Bangladesh Railway will
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NEW DELHI: India may impose anti-dumping duty of up to USD 185.51 per tonne for five years on certain varieties of Chinese steel with a view to guard domestic players from cheap imports of the commodity from the neighbouring Country. In its anti-dumping investigations, the Directorate General of Trade Remedies (DGTR) has stated that dumped
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NEW DELHI: India’s share in the GDP of Asia and Pacific region has increased to 17.3 per cent in 2017 from 14.6 per cent in 2000, a ADB report said recently. As per the ADB’s report on ‘Key Indicators for Asia and the Pacific 2018’, the Asia and Pacific region accounts for more than two-fifths
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Leading the biggest delegation of Indian entrepreneurs to Syria, consisting of 84 members, Mr Ganesh Kumar Gupta, President, FIEO, said that the two countries should endeavour to take bilateral trade from $ 175 million in 2017 to $ 500 million in 2020. Indian exports should touch $ 350 million, while imports should increase to $
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Bahri, a global leader in logistics and transportation, has reaffirmed its position at the forefront of the industry by retaining the ‘Shipping Line of the Year – Break Bulk Operator’ title for the third year running at the 9th edition of the All India Maritime and Logistics Awards (MALA) 2018, the leading awards programme for
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Washington’s demand for countries to cut all Iranian oil imports is going to be a massive headache for India. As the world’s third-largest oil importer and the second-largest buyer of Iranian crude after China, complying with the U.S. sanctions — enacted following President Donald Trump’s withdrawal from the 2015 Iranian nuclear deal — will require
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The Union Minister for Commerce and Industry and Civil Aviation, Mr Suresh Prabhu, has stressed that India will become a $5-trillion economy in seven years, and certainly a $10-trillion economy by 2035, and that the government has prepared a multi-sectoral strategy for the same. Speaking at an event organised by the US-India Business Council in
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