Essar Oil to ramp up coal gas production in Bengal

Last Updated: Sunday, May 31, 2015, 11:30

Additional 142 wells have been drilled and presently are at various stages of the hydrofracking- completion-dewatering cycle for gas production increase up to 1.2 million scmd.

Govt shelves duty free import scheme for raw sugar

Last Updated: Saturday, May 2, 2015, 18:52

The scheme has been withdrawn also to prevent leakages in domestic markets.

Govt notifies export subsidy of Rs 4,000/tonne for raw sugar

Last Updated: Thursday, March 5, 2015, 15:40

The government today notified fixed subsidy of Rs 4,000 a tonne for export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year (October-September).

Sugar stocks see sweet gains on CCEA's nod to export subsidy

Last Updated: Friday, February 20, 2015, 18:04

Sugar stocks on Friday gained up to 3.2 percent after the government approved subsidy on export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

Sugar mills make distress sales to pay farmers

Last Updated: Wednesday, February 11, 2015, 10:59

Without any government incentive, Indian sugar is uncompetitive in world markets well supplied by low-cost producers Brazil and Thailand.

'Inverted duty structure favouring exports of raw material'

Last Updated: Thursday, February 5, 2015, 15:16

Concerned over countries like China importing coir raw material from India and exporting finished products to other countries, the MSME Ministry has suggested removal of inverted duty structure to protect the interests of domestic coir industry.

Food Ministry for extending sugar export subsidy for 1.4 million tonnes

Last Updated: Wednesday, January 28, 2015, 22:02

The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

Maharashtra seeks extension of subsidy on raw sugar exports

Last Updated: Saturday, January 17, 2015, 13:38

Maharashtra Chief Minister Devendra Fadnavis on Saturday met Union Food Minister Ram Vilas Paswan and sought extension of subsidy on raw sugar exports and hike in import duty on the sweetener to 40 percent to help cash-starved mills clear cane arrears to farmers.

Govt considering higher sugar export subsidy of Rs 4,000/tonne

Last Updated: Thursday, January 8, 2015, 18:08

The government is considering extending subsidy on raw sugar exports for the ongoing marketing year 2014-15 by giving a higher incentive of Rs 4,000 per tonne to cash-starved mills.

'Decision on extending sugar export subsidy soon'

Last Updated: Thursday, December 18, 2014, 18:01

The government will soon take a final decision on extending subsidy for exports of raw sugar in the current 2014-15 marketing year, a top food ministry official said on Thursday.

Tata Steel is buying iron ore for 1st time in its history

Last Updated: Sunday, December 7, 2014, 14:43

Facing iron ore crunch for the first time in its over 100 years of history, Tata Steel is now operating its 9.7 million tonnes per annum facility in Jamshedpur with raw material bought from domestic sources besides imports.

CCEA may consider tomorrow incentives for raw sugar export

Last Updated: Wednesday, January 29, 2014, 18:38

The Cabinet Committee on Economic Affairs (CCEA) is likely to consider Thursday a proposal to give a cash subsidy of Rs 2,000 per tonne for export of four million tonnes of raw sugar for a period of two years.