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SAIL, Tata, JSW, Essar may face anti-dumping duty in Thailand
Thai authorities are about to slap up to 32 per cent anti-dumping duty on the import of a vital steel product from India, even when the Indian government has remained indecisive on a similar curb against inflows from China, Ukraine, Egypt and other countries.

Onus on states to check FDI violations in retail
The Ministry of Commerce & Industry has put the onus of monitoring any violation by companies that have been allowed foreign direct investment (FDI) in the retail sector on state governments. It has directed them to create a “suitable mechanism” to hold periodic scrutiny against violation of Foreign Exchange Management Act (FEMA).

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Taxes on MF investments
How do fund houses charge the various taxes like dividend distribution tax, capital gains tax and securities transaction tax that a mutual fund is subject to? Are these deducted from the returns the fund generates?
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Sensex trading firm; Reliance up 2%

The Sensex has soared to a high of 17,270 and is now moving strong at 17,259, up 127 points. The NSE Nifty is at 5,127, up 37 points. The BSE Oil and gas index has soared around 2% to 10,538. PSU,metal and FMCG indices are up over 1% each.


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