Transportation costs of petrochemicals may go up

Budget provision The following changes in the duties have been proposed in the Union budget 2009-10: Excise duty on naphtha to be reduced to 14%. Excise duty on PTA and DMT to be increased from 4%......

Petrochemicals: Hike import duty on polymers

Petrochemicals are chemicals manufactured from petroleum feed stocks. Petrochemical manufacturing involves manufacture of building blocks by cracking or reforming operation; conversion of building......

Sensex crosses 16k; Which stocks to buy?

Indian markets achieved yet another milestone on September 19. It opened positive and within seconds, hit a new high. The Sensex is currently trading 16,092, up 423 points from the previous close.......