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  Tehran: US President Donald Trump is the "main culprit" to blame for a recent surge in oil prices, Iranian Oil Minister Bijan Namdar Zanganeh said on Wednesday."The main culprit of the price hikes... and the destabilisation of the market is Trump and his disruptive and illegal policies," Zanganeh said on state television, after the US president hit out at OPEC accusing it of "ripping off the rest of the world"."Trump both tries to decrease Irans oil exports significantly and also wants prices not to go up. These two cant happen together," Zanganeh said, alluding to US sanctions on Irans oil sales set to take effect in November.Trump withdrew the United States from the 2015 nuclear deal between Iran and world powers in May, and his administration imposed a round of sanctions on the Islamic republic in August.Zanganeh said if Trump wants prices to ease then he has to "stop his unwarranted interference... in the Middle East and not prevent Irans production and exports"."Its interesting that Macron also explicitly pointed to this," Zanganeh said, referring to Idea by French President Emmanuel Macron on Tuesday.Speaking to reporters after addressing the UN General Assembly, Macron said Iran should be allowed to keep selling oil and called for dialogue as he rejected a US push to isolate the clerical rubber seal Manufacturers regime."It would be good for the price of oil for Iran to be able to sell it," the French leader said. "Its good for peace and its good for the shape of the inteational price of oil."

  Oil prices are once again on a roll after ruling far below the peak it reached in 2011-2012 giving an opportunity to a world badgered by the financial crisis to readjust its economies into stability if not on a sustained growth path. India used this window of opportunity to engage in a monumental exercise of demonetisation and introducing the Goods and Services tax for the country as a whole. Economists would agree that if a country had to make any paradigm changes in taxation system it should avail itself of that opportunity when it had not to struggle with exteal shocks or inteal instability and stress. On this matter India chose wisely. It is struggling with the various issues pertaining to the GST. With petrol and diesel being outside the scope of the GST, the continuous rise in oil prices has put it in an awkward situation of having to raise the price of both on a market determined basis.It cannot go back to a regime of administered prices having given it up progressively with an avowed policy of reducing the fiscal deficit and closing the revenue deficit gap.

  The author dealt with the SEA crisis of 1997 as a member of the Board of the IMF and has witnessed how reserves depleted in hours even of a country like South Korea, which was an export surplus country, so were Thailand and Indonesia. Can India withstand an exteal default shock by any company of India that fails to discharge its obligations? Is anyone in the Finance Ministry or RBI even looking at this danger with any seriousness is not clear.Ill informed and emotionally charged politicians call for reduction in the price of diesel and petrol. Considered rationally from a national perspective it would be disastrous for the country to reduce taxes on them for more than one reason. In the entire EU and even in the US the basic price of diesel and petrol is less than 50% of what it is sold at the retail outlets. In the case of the EU countries taxes account for about 50%. If taxes are reduced in India only the well off get the immediate benefit but the country cannot afford to lose tax revenue or be in position to pay for the imports at increasing price of crude oil.

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برچسب : نویسنده : plasticproduct plasticproduct بازدید : 171 تاريخ : جمعه 26 مهر 1398 ساعت: 9:29

  Top it with increased air conditioner usage, it strips the skin of nutrients. As soon as temperatures start to touch the 40s, most of us start looking for gel-based or products.Tips for Using Face Oils during Summer1] Wash your facial skin using a deeply hydrating nourishing cleansing oil, one that doesn’t strip your skin yet gently removes your makeup and washes it off thoroughly.Tips for using body oils for summer1] After you step out of the shower, apply a deeply penetrating, nourishing body oil, such as jasmine or geranium oil to your damp skin. Exposed to heat and pollution have increased rubber seal Manufacturers free radical damage. But we are here to tell you otherwise. The water and oil will emulsify together and will create a lightweight barrier to hold moisture into the skin.

  41 in diesel.54 a litre in case of petrol and Rs 2.48 excise duty on a litre of petrol and Rs 15."The govement is keen that instead of having an ad hoc measure, it may be desirable to have a long-term view which addresses not only the volatility but also takes care of the unnecessary ambiguity arising out of frequent ups and downs.17 per litre in Delhi while diesel sells for Rs 68.34.The revisions continued till just before the general elections in 2004 when oil companies went slow and after a Congress-led UPA came to power the entire process was reviewed as the inteational oil prices started moving up. With geopolitical situation leading to an uncertainty over the direction of inteational oil prices, "a new sense of urgency has developed", he said.The minister refused to elaborate either on the measures being considered or if a duty reduction was on cards."(The) issue of frequent hike in fuel price is a matter of debate and conce." "It is possible to cut up to Rs 25 per litre, but the govement will not.

  The central govement levies Rs 19. State sales tax or VAT varies from state to state.Petrol costs Rs 76. The govement is involved in this whole process, including the conce (about rise in prices) and also the uncertainty," he told reporters here.."But I want to tell my media friends that they should tweet to Chidambaram and ask if his mathematics was so strong then how did his govement go out of power," he asked.The UPA govement finally freed petrol price in June 2010 and the diesel rates were decontrolled by the current BJP govement in November 2014. On the question of excise duty, he said proceeds from such taxes are used for countrys development including building of highways, digital infrastructure, electricity to villages, hospitals and education.There are indications that a cut in excise duty combined with states being asked to reduce VAT is on the cards.Asked about former Finance Minister P Chidambarams criticism of the BJP govement raising excise duty to take away gains arising from falling inteational prices, Prasad said he generally does not comment on the Congress leaders tweets "because ever since his party went out of power, he has become active on twitter".

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برچسب : نویسنده : plasticproduct plasticproduct بازدید : 181 تاريخ : يکشنبه 7 مهر 1398 ساعت: 11:55

  India is worlds biggest palm and soybean oil importer, relying on inward shipments for 70 per cent of the needs.Currently, the import duty on refined palm oils is 15 per cent, while that on crude palm oil is 7.3-14."No decision was taken rubber shock absorption pad Suppliers today.New Delhi: An inter-ministerial panel headed by Finance Minister Arun Jaitley on July 27 reviewed edible oil availability in the country and discussed ways to deal with rising imports, sources said. Imports of refined edible soft oils and crude edible soft oils attract 20 per cent and 12.5 per cent duties, respectively.5 million tonnes of edible oils in November 2016 to October 2017 year.Apart from Jaitley, the IMG meeting was attended by Commerce Minister Nirmala Sitharaman, Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh and Principal Secretary to PMO Nripendra Mishra and secretaries to various govement departments.

  The country is expected to import 14..5 per cent.India is the largest importer of edible oil in the world, with inward shipments rising by an average 12 per cent a year. Earlier this month, the farm ministry has proposed 25 per cent import duty on refined palm oil and 10 per cent on crude palm oil, the source said.Although no decision was taken by the inter-ministerial group (IMG), sources said, a cabinet secretary-led panel comprising secretaries from the ministries of finance, commerce, food and consumer affairs, will meet to chalk out the strategy on how to manage the edible oil prices. The cabinet secretary-led panel will first chalk out a strategy and then the IMG will meet again to take a decision," said a source, who did not wish to be named because of the sensitivity of the matter. It is the third largest imported commodity after crude and gold.

  02 per litre in Mumbai.Since the implementation of the policy of monthly increases of Rs 2 from July last year, subsidised LPG rates have gone up by over Rs 68 per cylinder.There are as many as 18.50 per bottle..Every household is entitled to 12 cylinders of 14.Today’s hike in the LPG price is fourth since the May 30 order of the oil ministry to raise rates by Rs 4 per cylinder every month. Rates were at the last revision cut by Rs 40. These include 2.3 per cent increase effected from August 1. Kerosene was on July 1, 2016, priced at Rs 15. State-owned oil firms revise rates of LPG and ATF on 1st of every month based on average oil price and foreign exchange rate in the previous month.The govement is adopting the same policy as in LPG for eliminating subsidy on kerosene.2-kg LPG cylinder now costs Rs 487.18 in Delhi as against Rs 479. ATF, or jet fuel, now costs Rs 50,020 per kilolitre, Rs 1,910 more than Rs 48,110 previously.18 in June 2016. Also, price of kerosene sold through public distribution system (PDS) was hiked by about 25 paise per litre.66 crore users of non-subsidised cooking gas.A subsidised 14. A 14.27 per litre in Mumbai compared to Rs 22 previously.11 crore customers of subsidised LPG in the country.31 per cylinder on the previous due date on August 1 and the oil companies have effected a larger hike to equalise that, sources said.

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برچسب : نویسنده : plasticproduct plasticproduct بازدید : 150 تاريخ : سه شنبه 2 مهر 1398 ساعت: 10:58