Over 1,800 types of commodities, including copper, lead, zinc and cloth, are added to the category. Importers will have to deposit half of their payable levies (including import duty and VAT) at the customs when they import raw materials.
India's four-wheeler sector may post a flat profit growth in the first quarter due to a rise in input costs. The cost of automobile steel, which constitutes about 40 per cent of the total raw materials, rose by more than 25 per cent during the three-month period. Prices of raw materials like aluminium, copper, rubber and fuel also appreciated significantly.
The pure gold is alloyed with silver, copper and various to make it suitably hard for jewelery making. The percentage of pure gold is denoted by its carat (k) weight. Pure gold is 24k (ie.100per cent gold), the other common alloy carat weights are 22k, 18k, 14k, 10k and 9k. 9k gold is the hardest alloy. In addition to yellow gold, white gold and rose gold are also popular options. You can also find many two-tone styles, if you prefer a mix of colours.
China is expected to commit investments worth $6.5 billion to set up industrial parks in India and sign purchase agreements of over $3 billion with domestic companies during the visit of Chinese President Xi Jinping starting on Wednesday.
The rupee fell sharply by 32 paise at 66.37 against the US dollar in early trade on Tuesday.
To say Haiti is underexplored is almost an understatement, according to Scott Close, head of investor relations at Eurasian Minerals.
Maruti Suzuki India on Thursday said it is likely to raise in the next few weeks, the price of its entry level sedan Swift DZire to offset high input costs.Based on the Swift platform, Maruti has priced this entry level Sedan in Mumbai from Rs 4.70 lakh for petrol and at Rs 5.60 lakh for diesel (ex-showroom).
A stampede in Zambia killed 12 football fans and injured many others after a match.
After defusing nine pyro bombs in Gondwana Express on its way to Hazrat Nizamuddin from Jabalpur, Madhya Pradesh Government Railway Police on Monday said they have some leads into the case.
A look at SIIMA 2016 arrivals.
A Ganesh Nadar/Rediff.com meets the families of those killed in the police firing on Sterlite protestors in Thoothukudi, and finds a similar tale running through their lives.
Bharti Airtel is rolling out last-mile connectivity with a target of reaching over 20 mn addressable households in 90-100 cities in the next 3 years
Vice-President Hamid Ansari embarks on an important Latin American visit, heralding that resource-rich continent's importance to India.
In yet another case of price rigging, the Securities and Exchange Board of India barred 16 entities on Thursay, including the promoters of Atlanta, from selling or buying the company's shares for alleged price manipulation.
The problem of last mile connectivity for ushering in the second telecom revolution is awaiting early resolution.
Prime Minister Narendra Modi on Friday showered the British First Family with a number of gifts at Chequers, the country house retreat of the British prime minister.
Transcript of the chat with Sumant Singa, chief financial officer of the Aditya Birla Group.
Indian boxing star Vijender Singh is ready to trade blows with Pakistan-born British professional Amir Khan and accepted his challenge to fight in India, saying it will prove to be a big boost to the sport in the country. Two-time former world champion, Amir, who has been training intensively for his much-anticipated WBC title contest against Mexico's Saul 'Canelo Alvarez want to fight against Vijender soon in India. Commenting on Amir Khan's challenge, Vijender said: "I accept the challenge of Amir Khan and I am sure this fight will be a big boost to boxing in our country. "As we both fight in different weight categories so will have to see whether Amir gains or I have to lose weight. I have started my professional boxing career last year only and have made only 4 appearances in the pro ring.
The designer from Bangalore had a collection that mixed and matched a great deal of fabric.
Share prices of some recent listings, including the scam-tainted Atlanta Ltd and Nissan Copper, have been falling over the last couple of sessions on fears of further action from the Securities and Exchange Board of India (Sebi).
The growth in M&As is likely to gather steam as firms within the region and and outside are looking to Asia as the home for growth, it said.
The Vedanta group, the eighth largest mining and metal company in the world, is all set for a gold rush in India.
Two experts discuss stocks they are bullish on.
For the first time since 2001, promoter stake in BSE 500 decisively below 50%
'There is enough proof of science-driven research in the India of early centuries,' argues Kumar Abhishek.
Recalling his childhood years, Modi said though there was poverty, his family was always connected with nature.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Hindalco Industries Ltd plans to acquire Straits (Nifty) Pty Ltd, which owns the Nifty Copper mines in Australia.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
The government on Thursday announced a new broadband policy and as expected has not accepted Telecom Regulatory Authority's proposal for unbundling the last mile link.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
From smart cities to gold, the fallout of the Chinese meltdown will have far-reaching consequences
Dr Aruna Kalra tells you why you must include almonds, grains and veggies in your diet.
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