India has no plan now to raise import tax on sugar

India has no plan at present to raise import tax on sugar as the Govt doesn’t see prospects of imports from Pakistan as of now, as per report. Although sugar availability of this year remains as tight as last year, India will have sufficient sugar to meet domestic demand without overseas purchases. The govt has pegged total sugar output at 24.…

India’s crude steel output heads higher by 5.3% to 8.6MT in October: Worldsteel

Commodity Tips India's crude steel production rose 5.3 percent to reach 8.629 million tonnes (MT) in October 2017, World Steel Association, the international trade body for the iron & steel industry, said in a report. The report indicated that India’s steel output during Jan — Oct 2017 was 6.4 % higher at 84.123 MT, as against 79.073 MT d…