Chemicals: Import duty reduction on feedstock sought

The Indian chemical industry currently stands at $134 billion and is expected to grow at a CAGR of 8% for the next five years. The share of this sector in the manufacturing GDP was 15% during......

Budget: Setback for the chemicals industry

Chemicals: Budget 2013-14 Analysis Budget provisions The following announcements have been proposed in the Union budget 2013-14 No change in the peak rate of basic customs duty of 10% for......

Stocks of MNCs with high promoter stake lose steam

Stock investors are turning averse to one of the most popular investment themes on Dalal Street in the past year or so. The recent rally in the shares of multinational companies (MNCs) with......

Chemicals: Remove customs duty on LNG, Naphtha

Indian chemical industry has an output of around USD 80 billion and ranks 12th in the world. The chemical industry which includes basic chemicals and its products, petrochemicals fertilizers,......