SC: Absence of Independent Witnesses is Not Fatal if Injured Eyewitness Testimony is Sterling  ||  Supreme Court: Prosthetic Limb Costs Must Be Compensated To Restore Victims’ Dignity  ||  Supreme Court: Probate Can be Revoked For Non-Impleadment of Parties and Suppression of Facts  ||  SC: Plaint Cannot be Rejected For Valuation or Court Fee Defects Without Chance to Rectify  ||  SC Rules Government Grants Act Overrides Rent Law, Sets Aside Eviction Proceeding Against Union Govt  ||  SC: Civil Court Has No Jurisdiction in Boundary Dispute Between Maharashtra Panchayat & Municipality  ||  Allahabad HC: Two Criminal Cases Insufficient to Label a Person as 'Goonda' and Harm Reputation  ||  Bom HC: Sprinkling Mustard Without Ill Intent Before a House is Not an Offence under Black Magic Act  ||  J&K&L HC: Preventive Detention Invalid When Based on Speculative Fear of Election Disturbance  ||  Bombay High Court: POSH Act Penalises False Complaints by Women But Not Those Who Instigate Them    

Dollar linked coastal tariff put in abeyance - (16 May 2016)

MANU/PIBU/0444/2016

Commercial

The Ministry of Shipping has put on hold instructions requiring coastal vessels take into account exchange rate fluctuations between the rupee and the dollar. The instruction had been issued to enable limited parity between coastal charges for different vessels.

However, the Traffic Authority for Major Ports observed vessel and container rates increasing dramatically, as compared to pre-revised rates, after the policy came into effect.

Tags : SHIPPING   COASTAL RATES   DOLLAR LINKED  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved