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Monday
December 2018
4:00 PM IST
News Headlines
1st Test: India in cruise control as Australia reduced to 104/4 chasing 323        Over 16000 runners take part in Pune Half Marathon        India's coal output up 10% to 156 MT during Apr-Nov        Iran arrests 10 over suicide attack on police        Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes        Can special consideration be shown to man with skin disorder: HC asks Centre        BJP files caveat in SC over 'rath yatra' in WB        'Won't hesitate from another surgical strike if need arises'        Kohli booed by Australian fans, Head, Ponting critical of crowd behaviour        Pujara, Rahane put India in driver's seat        Prabhu links creativity & business opportunities to cheap beverages in Goa        Merkel gets boost with ally's party win        Rouhani warns weakened Iran less able to fight trafficking        More than 225 terrorists killed in J&K so far this year: Army        Glad key people shedding fear, breaking silence on govt decisions: Chidambaram        Modi used surgical strikes for 'political capital': Rahul        Krishnamurthy Subramanian appointed as Chief Economic Advisor for 3 years        Indian Super League: Kerala Blasters' Hopes Hanging By A Thread After Defeat Against Pune City        31st GST Council to meet on Dec 22 in Delhi        Trump may nominate Heather Nauert as UN Ambassador: Reports        
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Business News
Anti-dumping duty likely on Chinese chemical imports
 
New Delhi, Jan 2 (PTI) India is likely to impose anti- dumping duty of up to USD 397 per tonne on a Chinese chemical used in construction and dyes industry.

The move is aimed at guarding domestic players from cheap imports of 'Sulphonated Naphthalene Formaldehyde' from the neighbouring country.

Commerce ministry's investigation arm Directorate General of Antidumping and Allied Duties (DGAD) in its final findings has concluded that the product has been exported to India from China below its normal value and it has resulted in dumping.

"The domestic industry has suffered material injury due to dumping of the product," DGAD said in a notification.

It has recommended "imposition of definitive anti-dumping duty" for a period of five years to remove the injury to the domestic industry.

Himadri Speciality Chemical had filed the application for initiation of anti-dumping investigations.

While DGAD recommends the duty, the Finance Ministry imposes it.

Countries initiate anti-dumping probes to determine if the domestic industry has been hurt by a surge in below-cost imports.

As a counter-measure, they impose duties under the multi-lateral WTO regime.

Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products.

Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.


India's coal output up 10% to 156 MT during Apr-Nov
Prabhu links creativity & business opportunities to cheap beverages in Goa
31st GST Council to meet on Dec 22 in Delhi
Cabinet Approves Policy to Double Farm Exports to $60 Billion by 2022
RBI keeps key rates unchanged
NTPC wins 85 MW solar capacity in UP Govt tender
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New 2018 Maruti Suzuki Ertiga Launched In India, Prices Start At ? 7.44 lakh
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Air India eyes Rs 800 cr from sale of over 70 properties
Intel India opens design house costing Rs 1,100 cr at B'luru
Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
Govt cancels ED officer Rajeshwar Singh's leave
Facebook blocks 115 accounts ahead of US midterm elections
Indian norms on PCA, capital are conservative, rule-based: SBI
SBI back in black on credit growth
TN transport employees threaten to go on strike
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim  
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
INTERNATIONAL NEWS
Iran arrests 10 over suicide attack on police
 Tehran, Dec 9 (AFP) Iranian police said Sunday that 10 people had been arrested in connection with a
Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes
Merkel gets boost with ally's party win
Rouhani warns weakened Iran less able to fight trafficking
NATIONAL NEWS
Can special consideration be shown to man with skin disorder: HC asks Centre
 New Delhi, Dec 9 (PTI) The Delhi High Court has asked the Centre whether a man suffering from a rare
BJP files caveat in SC over 'rath yatra' in WB
More than 225 terrorists killed in J&K so far this year: Army
Glad key people shedding fear, breaking silence on govt decisions: Chidambaram
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