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Cotton Producers moan, Textile Industry rejoice reduction of import duty - Vimarsana News

Cotton Producers moan, Textile Industry rejoice reduction of import duty

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.

Source: ummid.com
Government exempts customs duty on cotton imports till Sept 30 - Vimarsana News

Government exempts customs duty on cotton imports till Sept 30

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.

Tax collection high, but will the common man find relief in fuel prices, inflation? | OPINION - Vimarsana News

Tax collection high, but will the common man find relief in fuel prices, inflation? | OPINION

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?

Vegetable Oil Imports Jump 23%, With Edible Oil Taking the lion's share: Report - Vimarsana News

Vegetable Oil Imports Jump 23%, With Edible Oil Taking the lion's share: Report

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.

Source: ndtv.com
India's Jan palm oil imports drop as refiners switch to soft oils | Hellenic Shipping News Worldwide - Vimarsana News

India's Jan palm oil imports drop as refiners switch to soft oils | Hellenic Shipping News Worldwide

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 ...