finmin

FinMin imposes definitive anti-dumping responsibility on chlorinated polyvinyl chloride from China, South Korea

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The Finance Ministry has imposed definitive anti-dumping responsibility on Chlorinated Polyvinyl Chloride (CPVC) imports from China and South Korea. This responsibility —imposed on Friday— might be legitimate for 5 years.  CVPC is a thermoplastic produced by chlorination of polyvinyl chloride (PVC) resin. It’s considerably extra versatile than PVC and might stand up to larger temperatures than … Read more

No proposal to deliver laws for regulating crypto transactions, says Finmin

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The federal government has no proposal to enact a regulation to control the transaction of crypto property, the Finance Ministry knowledgeable the Lok Sabha on Monday. “At the moment, there is no such thing as a proposal to deliver laws for regulating the gross sales and buy of digital digital property within the nation,” Minister … Read more

FiniMn asks non-public banks to reinforce deal with serving marginalised for his or her banking wants

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The Finance Ministry on Tuesday requested non-public banks to provide extra thrust on serving the marginalised sections of the society and fulfilling their banking wants.  This was conveyed to those banks at a overview assembly chaired by the Division of Monetary Providers (DFS) Secretary Vivek Joshi within the Capital.  A gathering with senior executives of personal … Read more

Good rabi harvest, higher monsoon to ease meals inflation, says FinMin report

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The Finance Ministry has pinned hopes on an excellent monsoon and efficient coverage measures to ease meals inflation. It has concurrently cautioned about international geopolitical scenario that might adversely impression commodity costs. Retail inflation primarily based on Client Value decreased to 4.83 per cent in April from 4.85 per cent in March, the bottom fee … Read more

Finmin units timeline to scrap automobiles below new pointers; to profit auto cos like Maruti Suzuki, Tata Motors

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The Finance Ministry has fastened a timeline for scrapping varied forms of automobiles and inserting recent orders. This is part of new pointers to jot down off losses below revised Delegation of Monetary Energy Guidelines (DOFR). These guidelines have set the edge for writing off losses in case of theft, fraud, and so forth. Additionally … Read more

A purchase order contract, sale of a proper to purchase or promote, or a proper to purchase and promote in future to be known as a spinoff, says Finmin

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The Finance Ministry has notified record of 104 commodities underneath the Securities Contracts (Regulation) Act, 1956 for use for derivatives. These embody 10 cereals & pulses, 11 kinds of oilseeds, oilcakes and oil, 13 kinds of spices, three kinds of fruits and vegetable beside others. Additionally learn: Markets to concentrate on international developments; could face … Read more

Concentrate on capex-led progress technique to proceed, FinMin Signifies

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The Centre will proceed to give attention to a capex-led progress technique to help financial progress because it goes about placing into impact a roadmap for reworking the nation right into a $5-trillion financial system.  This was mirrored within the 2023 year-ender for the Division of Financial Affairs within the Finance Ministry launched on Wednesday.  … Read more