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'FinMin move may sound death knell for oil refineries'

Finance Ministry's move to drastically change the way petrol and diesel are priced may sound the death knell for some of the domestic oil refineries, an industry association has warned.The Finance......

Budget 2012: Removal of customs duty on LNG sought

The share of natural gas in India's overall primary energy basket stands at 11%, as against the global share of 24%, primarily on account of supply side constraints. By 2025, natural gas will......

No respite to the chlor alkali sector

Product: Caustic soda, chlorine, soda ash, bleaching powder.Outlook: NeutralThe following changes in the duties have been proposed in the Union budget 2011-12:Direct Taxes Code (DTC) to be......

Duty cuts to benefit carbon black producers

Product: Chemicals & chemical products, basic heavy inorganic chemicals, caustic soda (sodium hydroxide), soda ash (sodium carbonate), oxygen, titanium dioxide, acid (all kinds), liquid chlorine,......

Refineries: Players seek clarity on custom duty

Players seek clarity on the under recoveries, removal of Basic custom duty on imported crude oil and corresponding reduction in customs duty on refinery products.Current statusThe refining capacity......

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