Futures Trade In Steel May Be Banned
April 26, 2008 by Editor · 4 Comments
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
The government is contemplating ban on futures trading in iron and steel. This will be in addition to a host of tax incentives to bring down the price of steel in the country.
The rise in steel prices had contributed around 25 percent to the recent jump in the wholesale inflation rate, a government official said.
In addition, the government is likely to ban futures trading in almost all major farm goods. Read more
Popularity: 33% [?]
Tags: custom duty, export, future trade, import, indian government, Steel, steel item, steel price, tax