The government on Saturday imposed a 40 per cent duty on the export of onions to increase domestic availability amid signs of increasing prices. The export duty, which is the first time ever on onion, has been imposed as the retail sale price of the kitchen staple, according to government data, touched Rs 37/kg on Saturday in Delhi. The finance ministry through a Customs notification imposed a 40 per cent export duty on onions till December 31, 2023.
Singh was answering a query on the Supreme Court's comments that 'dissent is the safety valve of democracy. If you don't allow the safety valve pressure cooker will burst'.
Gold imports, which peaked at 162 tonnes in May, came down to 19.3 tonnes in November.
Under the stewardship of the then TMC national general secretary Mukul Roy and North 24 Parganas TMC district president Jyotipriyo Mullick, he joined the party and quickly ascended in power, becoming a close associate of Mullick.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
The government on Monday said it aims to slow down flow of foreign debt into the real estate sector through its recent curbs on external commercial borrowings (ECBs).
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Security deployment remained in vulnerable areas and mobile and internet services were yet to be restored in most parts of the Valley 48 days after the Centre abrogated Article 370 provisions of the Constitution.
Dinesh Tati (23), resident of Palnar village in Gangaloor police station limits, was held on Friday from a tractor showroom in Bijapur town, Additional Superintendent of Police Chandrakant Gavarna said.
British Prime Minister Boris Johnson on Wednesday announced his government's decision to lift all the additional restrictions imposed to contain the spread of Omicron, including the mandatory wearing of face masks anywhere, from next Thursday after analysis showed that the new variant of Covid-19 has now most likely peaked in the country.
Import duty on gold is already hiked by a third to 8 per cent.
The trade to-and-from India so far is not affected. But if the situation continues to remain the same for the next two to three months, it could definitely hurt India trade, including essential cargo.
Finance Minister P Chidambaram on Thursday said customs duty cut on a number of items has been advanced, including edible oils, to curb high inflation.
Concerned over surging prices, Finance Minister P Chidambaram said on Friday the government will not hesitate to take more fiscal and monetary measures to contain inflation.
The West Bengal government on Friday ordered the shutdown of all shopping malls, salons, restaurants, bars, sports complexes, gyms, spas and swimming pools in the state with immediate effect until further orders, amid the surge in Covid-19 cases.
Long queues of passengers were seen outside various Delhi Metro stations on Wednesday morning, a day after new restrictions were put in place by authorities, including running of its trains with only 50 per cent seating capacity and no provision for standing for commuters, in view of rising cases of COVID-19 in Delhi.
Experts warned that amendments, which would allow traceability of "unlawful content", invade personal privacy and free speech.
Parliament proceedings were adjourned for the day on Monday following protests by the opposition which has been demanding a statement from Prime Minister Narendra Modi in the House on the Manipur issue. In the Rajya Sabha, the opposition kept insisting on a discussion under Rule 267 of the House.
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
Prohibition of all types of gatherings, reduced size of weddings and funerals, running of public transport at half seating capacity and scaled down presence in government offices were some of the restrictions imposed by the Delhi government on Saturday amid a surge in COVID-19 cases.
The state government has announced a five-level plan to relax the coronavirus-induced restrictions in the state from Monday, based on the weekly positivity rate and the occupancy of oxygen beds. A notification to this effect was issued on Friday night.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
However, some experts, including RBI Governor Raghuram Rajan, have favoured doing away with curbs on gold imports because they lead to smuggling.
Every year Indians consume about 22 million tonnes of lentils
The government had increased customs duty on gold to 10 per cent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports.
Speaking to mediapersons in Lucknow, he said, "There is no mechanism with the central government to curb the rising price of vegetables including onion; that can be done by the state governments."
Prime Minister Narendra Modi was on Saturday briefed about the new 'Omicron' variant of the coronavirus, and he asked officials to review the plans to ease international travel restrictions in light of the 'emerging new evidence.'
The government is also considering if those who are fully vaccinated against coronavirus can be allowed to travel by local trains in Mumbai, he said.
Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.
It will help to stop widening of Current Account Deficit.
The University Grants Commission (UGC) in Delhi reprimanded Jadavpur University for submitting a "generic" report about the incident.
The Bombay high court on Wednesday said it was troubled by the fact that the recently amended IT Rules to curb online fake news against the government offer no recourse to a person whose social media post has been removed or account suspended after being flagged by the proposed Fact Checking Unit (FCU).
The curbs to be remained in Tarn Taran, Ferozepur, Moga, Sangrur and Amritsar's Ajnala sub-division and a few areas in Mohali till Thursday noon.
The UK cabinet is on Monday holding talks to consider options for tougher lockdown restrictions as the country recorded another daily high of Omicron cases at 12,133.
Flaying the Congress-led United Progressive Alliance government at the centre, and holding it responsible for the unabated price rise, BSP leaders made it a point to stress that, "none other than Mayawati can bring down the prices in the country."
The state reported 4,787 new COVID-19 cases on Wednesday, the highest one-day count this year.
At one point, Justice Biren Vaishnav, who was hearing the petition, got agitated and asked the AMC 'What is your problem? How can you decide what I should eat outside my house? How can you stop people from eating what they want? Suddenly because someone in power thinks that this is what they want to do?'
The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.
With audits and greater emphasis on anti-evasion measures, more tax demands will lead to more litigation. So, it is a bit early to start celebrating. GST is still work in progress.
Shah said there is a need to not only combat terrorism but also dismantle its entire ecosystem, and for this "we must work with the spirit of the whole of government and Team India".
