Page 5 - Development Cess News Today

While cotton farmers are upset with the decision of the central government, the textile industries of Tiruppur and other parts of Tamil Nadu have got a major relief for which they were actively pursuing for the past few months.

The Government has decided to exempt all customs duty on the import of cotton in order to provide relief to the textiles industry, the Ministry of Textiles said on Thursday.

With healthy revenue collections through GST and excise, the government is comfortably placed for now. But will the Centre effect excise cuts in fuel prices to provide relief to the common man?

India's edible oil imports rose 23 per cent to 9,83,608 tonnes in February, mainly due to a sharp rise in shipments of refined palm oil, industry body - the Solvent Extractors' Association of India (SEA) said on Monday.

India’s palm oil imports in January plunged 29% from a year earlier, as a rally in tropical oil prices to a record high prompted refiners to increase buying of rival soyoil and sunflower oil, a leading trade body said on Monday. Lower purchases by the world’s top edible oil importer could cap the rally in ...

India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as the world's biggest edible oil importer tries to rein in local prices of the commodity and help domestic refiners and consumers.

The move comes as New Delhi has been struggling to contain rising prices of edible oils.

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India has cut its tax on crude palm oil imports to 5% from 7.5%, the government said in a notification, as the worlds biggest edible oil importer tries to rein in local prices of the commodity...

Indias palm oil imports in January plunged 29% from a year earlier, as a rally in tropical oil prices to a record high prompted refiners to increase buying of rival soyoil and sunflower oil, a...