Steel prices likely to grow by 5.7% in 2012-13: CMIE
On the back of healthy demand, rise in input costs and hike in excise duty, steel prices are likely to go up by 5.7 per cent in fiscal 2013, according to economic think tank CMIE.
"We expect stee
FinMin examining raising excise duty on diesel cars: Goel
The Finance Ministry is examining a proposal to hike excise duty on diesel cars, a move which may discourage consumption of subsidised fuel by personal vehicle owners, a senior government official
Will forward your demands to Pranab, Sonia tells jewellers
Agitating jewellers and bullion traders on Friday called on Congress President Sonia Gandhi to press for their demand for removal of excise duty on unbranded jewellery.
Jewellers meet Pranab, Sonia; may end strike Friday
Agitating jewellers are likely to call off their 21-day agitation on Friday following a meeting with Congress president Sonia Gandhi and an assurance by Finance Minister Pranab Mukherjee that the g
Gold traders seek rollback of hike
Over three lakh jewellery merchants across the country are fighting tooth and nail with the Centre for rollback of the recent excise duty hike proposals which they fear “will kill the legal business”.
Tata Motors hikes passenger vehicle prices by up to Rs 35,000
Auto major Tata Motors on Monday said it has increased prices of its passenger vehicles, including the Nano by up to Rs 35,000 with immediate effect due to hike in excise duty in the Budget for 2012
Steel prices to rise by up to Rs 1,000 on excise duty hike
The increase in excise duty rate to 12 per cent would again push up the steel prices, rising since January, by up to Rs 1,000 per tonne as costs are likely to increase.
Jindal Steel and Power Ltd's
'Hike in excise duty service tax may not yield desired result'
Hike in excise duty and service tax rates will increase the input cost, fuel inflation and lead to further slowdown in economic growth, corporate leaders said at an interface with Finance Minister Pra