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India iron ore industry to face tough times as govt hikes export duty to 30% PDF Print E-mail
Monday, 02 January 2012 18:00
The Government of India has raised iron ore export duty from 20% to 30%, thus making 2012 a tough road ahead for the Indian iron ore industry. The new rates will apply to both fines and lumps and is effective from Dec 30, 2011. India is the third largest exporter of iron ore in the world.
 
India agricultural production to attain record levels in 2011 12 PDF Print E-mail
Monday, 02 January 2012 18:00
Prospects for rabi crops for 2011-12 looks bright despite inconsistent weather in some parts of the country. The country has put all efforts to achieve the targeted production of 245 million (24.5 crore) tonnes of foodgrains during 2011-12. The production scenario of the India in 2011-12 is as follows:-
 
Could gold repeat another double digit rise in 2012? PDF Print E-mail
Monday, 02 January 2012 18:00
Like a prizefighter who has taken a few upper cut blows, gold might be a bit woozy, but the metal and rsquo;s longer-term uptrend is hardly on the ropes. As in many financial sectors, gold and rsquo;s price direction has been guided by headlines, particularly out of Europe on the sovereign debt situation, and the volatility caused by swiftly changing news has made many markets a bit punch-drunk.
 
India steel may turn cheaper on higher export duty on iron ore PDF Print E-mail
Monday, 02 January 2012 18:00
India has raised the export duty of iron ore by 30% from the existing 20% to help the domestic steel industry, which is presently suffering from shortage of raw materials.
 
Will your family pay for America's debt excesses? PDF Print E-mail
Monday, 02 January 2012 18:00
There are currently over $61.6 trillion in unfunded future government liabilities, which amounts to $528,000 per American household
 
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