MARKETS

BSE Prices delayed by 5 minutes... Prices as on Dec 19, 2018 - 3:54PM   ABB India 1333.05 [ -0.21% ]ACC 1547.85 [ 2.86% ]Ambuja Cements Ltd. 227.2 [ 3.39% ]Asian Paints Ltd. 1400.4 [ 3.39% ]Axis Bank Ltd. 639.45 [ 3.18% ]Bajaj Auto Ltd. 2870 [ 1.02% ]Bank of Baroda 115.55 [ 2.89% ]Bharti Airtel 323 [ 1.84% ]Bharat Heavy Ele 70 [ 0.21% ]Bharat Petroleum 362.15 [ 2.53% ]Britannia Ind. 3234.1 [ 2.07% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 524.85 [ 0.33% ]Coal India 251.85 [ -0.16% ]Colgate Palm. 1329.15 [ 1.31% ]Dabur India 454.8 [ 2.65% ]DLF Ltd. 191.25 [ 7.41% ]Dr. Reddy's Labs 2611 [ -1.03% ]GAIL (India) Ltd. 357.25 [ 0.75% ]Grasim Inds. 857.35 [ 0.48% ]HCL Technologies 958.15 [ -2.77% ]HDFC 1978.2 [ 1.28% ]HDFC Bank 2122.65 [ -0.65% ]Hero MotoCorp 3298.6 [ -0.04% ]Hindustan Unilever L 1842 [ 0.05% ]Hindalco Indus. 228.5 [ 1.38% ]ICICI Bank 366.6 [ 1.17% ]IDFC L 41.8 [ 1.46% ]Indian Hotels Co 148.85 [ 2.83% ]IndusInd Bank 1611.95 [ -1.70% ]Infosys 665.25 [ -1.64% ]ITC Ltd. 282.9 [ 1.76% ]Jindal St & Pwr 167.7 [ 1.70% ]Kotak Mahindra Bank 1226.15 [ -0.89% ]L&T 1434.65 [ 0.44% ]Lupin Ltd. 841.9 [ -0.30% ]Mahi. & Mahi 780.55 [ 1.26% ]Maruti Suzuki India 7916.15 [ 2.04% ]MTNL 14 [ 1.82% ]Nestle India 11190.15 [ 0.87% ]NIIT Ltd. 89.6 [ 0.00% ]NMDC Ltd. 97.05 [ 1.73% ]NTPC 150 [ 1.49% ]ONGC 148.45 [ 0.37% ]Punj. NationlBak 76.9 [ 3.50% ]Power Grid Corpo 199 [ 1.20% ]Reliance Inds. 1137.1 [ 0.06% ]SBI 300.4 [ 2.68% ]Vedanta 206.9 [ -0.96% ]Shipping Corpn. 44.05 [ 0.23% ]Sun Pharma. 424 [ -2.10% ]Tata Chemicals 708.2 [ -1.21% ]Tata Global Beverage 210.7 [ 0.43% ]Tata Motors Ltd. 173.65 [ -0.43% ]Tata Steel 526.8 [ -0.04% ]Tata Power Co. 79.45 [ 0.95% ]Tata Consultancy 1967.2 [ -1.03% ]Tech Mahindra Ltd. 708.25 [ -0.01% ]UltraTech Cement 4098 [ 2.25% ]United Spirits 642.4 [ -0.29% ]Wipro Ltd 340.4 [ 1.49% ]Zee Entertainment En 465.15 [ 0.55% ]

News Details

You can view in detail.
Govt sets up task force on ways to reduce import 12/07/2018 16:18

The government has set up a high-level task force under the chairmanship of Cabinet Secretary P K Sinha to identify various items and policy interventions to reduce dependence on import, an official said.

The task force includes secretaries from departments of commerce, industrial policy and promotion, skill development, revenue, defence production, steel, petroleum, electronics and telecommunications.

It would suggest ways to cut import of those items which can be manufactured or explored in the country, the official added.

The move assumes significance as India is heavily dependent on imports of several items such as oil, electronic hardware, machinery, ingredients for pharmaceuticals, gold and chemicals.

On an average, India's imports stand at around USD 450 billion per year.

In 2017-18, the inbound shipments grew about 20 per cent to USD 460 billion. Oil imports during the last fiscal rose 25.47 per cent to USD 109.11 billion.

Although increase in imports of intermediates and raw materials reflects boost in economic activities, inbound shipments of final goods impact domestic manufacturers.

Trade experts have raised concerns over high dependence on pharmaceutical ingredients or APIs from China. At present, over 60 per cent of APIs are imported from China.

LOAD MORE