Sector Overview

Live Market News

  • The government on Thursday reduced the basic customs duty on crude palm oil to 27.5%, a move that would increase availability of the commodity in the domestic market. The Central Board of Indirect Taxes and Customs (CBIC) in a notification said the basic customs duty (BCD) rate on crude palm oil has been revised to 27.5% with effect from November 27. 27-NOV-20
  • The government has extended the levy of anti-dumping duty on imports of fully drawn or fully oriented yarn, spin drawn yarn or flat yarn of polyester, coming from China and Thailand, till December 31, 2020 27-NOV-20
  • Tube Investments of India has agreed to private placement of shares worth Rs 350 crore via preferential allotment to Azim Premji Trust (Rs 200 crore) and two schemes of SBI Mutual Fund (Rs 150 crore combined) 27-NOV-20