Iron ore miners writes to PMO for import duty withdrawal
Sat, Jan 2, 2021 10:43 AM

Iron ore miners writes to PMO for import duty withdrawal

A Flip by Flipitnews
Get it on Google Play
The steel industry’s representative body ISA urged the PMO to impose a temporary ban on exports of iron ore for six months to tide over the present supply crisis which is resulting into price rise of the raw material and causing steel price hike. The miners have asked for a withdrawal of import duties, as they think it indulged in ‘profiteering’ taking undue advantage of the current situation.

More great flips

This travel tech start-up secures USD 3.9 million investment

This travel tech start-up secures USD 3.9 million investment

Etrav Tech Ltd is a key player that provides travel services to businesses, the company has secured a USD 3.9 million investment from EaseMyTrip (Easy Trip Planners Ltd). This investment of 4.94 per cent stake, is part of the company's second funding round, it has maintained a valuation of USD 76.13 million. Before that Etrav Tech Ltd raised USD 6.35 million in its first funding round in October.

Open Flip
Effective Hedging Strategies Combining Future and Options

Effective Hedging Strategies Combining Future and Options

With the growing interest in Futures and Options (F&O) among retail investors, we want to discuss a strategy that combines futures and options contracts to maximize profitability. This guide explores a popular approach: using a combination of futures and options with the same expiration date. We’ll also examine how to select futures and options for the primary and secondary components.

Open Flip
These Are the 10 High-Profile Stocks U.S. Politicians Have Gravitated

These Are the 10 High-Profile Stocks U.S. Politicians Have Gravitated

Many Americans may not like how the 535 members of the U.S. Congress manage the nation's money. However, quite a few representatives and senators manage their own money pretty well. It's not uncommon for lawmakers' investments to handily beat the S&P 500.Which stocks do members of Congress especially like? Here are the 10 high-profile stocks politicians have gravitated.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon