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May 2012
India's non-oil import growth to fall sharply: Nomura

India's non-oil import growth is expected to slow sharply to single digit in the current fiscal year ending March from 24 percent in 2011/12 due to a slump in the rupee, brokerage Nomura said on Tuesday.

It said this would help redu...

May 2012
Pharma industry seeks govt intervention to control export of Ossein, to overcome gelatine shortage

Indian pharma industry thinks that only the Union government can find a solution to the current shortfall of gelatine required for the production of hard and soft gel capsules in the country. This can be done by controlling the export of Ossein wh...

May 2012
Govt may raise duty on edible oil imports

The government is examining a proposal to increase the import duty on refined edible oil.

To this effect, the department of food, under the ministry of consumer affairs, is in the process of giving a proposal for consideration of th...