Search Results for: India

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government has cut by half the price increase of INDRupees 40 per LPG cylinder that it had proposed in its 2002-03 budget. An INDRupee 1.50 price rise per litre of kerosene was maintained however.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE MAHARASHTRA government, which controls Mumbai (Bombay), India, has levied a surcharge of INDRupee 1 on every litre of petrol and diesel sold in the state.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN cabinet has cleared a bill that would lead to the establishment of a petroleum refining and marketing regulatory board to monitor prices in the newly deregulated sector. It will also have powers to check profiteering and ensure availability of products.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government has announced that it intends to upgrade standards at the country’s international airports at Delhi, Bombay (Mumbai), Madras (Chennai) and Calcutta (Kolkata), raising them to a “world class” level by introducing private sector management and investment through long term leasing systems.…

KEITH NUTHALL
ANGER has been sparked inside the Indian government by the European Union’s decision to effectively maintain anti-dumping duties on exports of Indian bed linen, which New Delhi claims is in clear contravention of two World Trade Organisation rulings on the matter.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
CEYLON Carriers Ltd., and the Transport Corporation of India have signed an agreement to launch a cost-effective system of cargo transportation in Sri Lanka. The partners will introduce a new Express Cargo System in the country, extending an air freight and shipping network that already covers India, Bangladesh, Nepal and Bhutan.…

BY SWINEETHA DIAS WICKRAMANAYAKA
LEATHER exporters in West Bengal, India, fear that they will be forced to import tanned hides from other parts of the country, increasing their costs, because of a court order ruling that 231 tanneries in the state should have relocated to the new Calcutta tanning complex by the end of February.…

BY SWINEETHA DIAS WICKRAMANAYAKA
HINDUSTAN Lever Ltd is to aggressively launch its reformulated Lifebuoy soap brand, by way of novel indirect marketing in rural India, that of persuading villagers to take more care with their personal hygiene. The campaign will range across nine states, to achieve double-digit growth in Lifebuoy’s sales figures, which currently stand at around two million soaps sold daily.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN customs officers have been urged to take action against a fraud being carried out by importers of refined vegetable oil, who are declaring it as unrefined, to avail themselves of the lower duties that apply for this product.…

Keith Nuthall
THE INDIAN government has abandoned its appeal against last December’s World Trade Organisation ruling that it had broken global commerce rules by insisting that auto-manufacturers within its territory not only promise to buy some components locally, but that they export products of an equal value of imported inputs.…