Food Ministry for zero export duty on sugar

New Delhi, March 15  The Finance Ministry has been asked to lower the existing export duty on sugar to zero in the wake of bumper domestic production this year, Union Food Minister Ram Vilas Paswan said on Thursday.

We have sent our recommendations to the Finance Ministry three weeks ago…

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Trai views on promoting telecom equipment mfg in 1 month

New Delhi, Mar 15 Telecom regulator Trai today said it hopes to finalise in about a month the recommendations on promoting telecom equipment manufacturing in the country.

The Telecom Regulatory Authority of India (Trai) held open house discussions with industry representatives on the issue today.

“I think we will take…

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Sensex extends losses, down 66 pts; Nifty below 10,400

Mumbai, Mar 15  Market benchmark BSE Sensex extended losses for the third straight day by shedding over 66 points in early trade today on selling by domestic institutional investors and foreign funds amid mixed Asian cues.

Also, selling pressure in oil & gas, FMCG, metal, PSU, bank and power stocks…

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Indian foundry industry to create 2.5 mn jobs in four years

Mumbai, March 14 :  The Indian foundry industry, the third largest in the world, expects to create 2.50 million job in the next four years, said an industry official here on Wednesday.

According to Indian Foundry Organisation (IFO) President H. Sundara Murthy, the foundry industry is anticipating an investment of…

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Indian Foundry Industry to invest USD 3 billion announced at IFMET 2018

Mumbai, March 14, 2018: The 1st International Metal and Foundry (IFMET) Expo was today inaugurated as part of the ‘Make in India’ initiative being  held  at Bombay Exhibition Centre, Goregaon (East), Mumbai. The expo cum conference shall be open till March 16th, 2018.
Indian Foundry Industry, the 3rd largest globally…

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