No respite to the chlor alkali sector

Product: Caustic soda, chlorine, soda ash, bleaching powder. Outlook: Neutral The following changes in the duties have been proposed in the Union budget 2011-12: Direct Taxes Code (DTC) to be......

Budget: Negative impact for soda ash producers

The following changes in the duties have been proposed in the Union budget 2010-11: Central Excise duties partially rolled back and the standard rate on all non-petroleum products enhanced from 8%......

Chlor alkali: Select few will benefit

Some chlor alkali producers using naphtha as feedstock for captive power plant will benefit from cut in the excise duty on naphtha from 16% to 14%. Budget provisions The following changes in the......

Markets end lower dragged by heavyweights; Nifty holds 8,250

Benchmark share indices ended lower amid profit booking in late trades weighed down by index heavyweights while gains in capital goods and auto shares helped capped further downside. Markets had......