Importers will now have to provide sufficient proof to the domestic customs authorities that the goods being imported have a minimum 35 per cent value addition in the country from which it is being exported to India.
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.
But it may come with a downside risk of further rise in prices of several products.
RJio's LYF, Videocon and other smartphone makers to also get notices
China accounts for 90% of imports of mobile phones to India.
'There is no doubt at all that Jio's disruption of the mobile broadband market was a turning point for India's digital economy.'
India's ranking is worst among the five BRICS countries
WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
India has around 355 million Internet users, second only to China, says a report
'There is no such thing as ultimate survivability.'
'It's all comparative -- who outperforms, who uses tactics, who optimises technology to the best is what makes the difference.'
Galaxy S10+ will be available in 1 TB, 512GB and 128 GB storage variants and will be priced at Rs 1,17,900, Rs 91,900 and Rs 73,900, respectively. The Galaxy S10, on the other hand, will retail for Rs 84,900 (512 GB variant) and Rs 66,900 (128 GB). S10e would be available in only 128 GB storage variant and will be priced at Rs 55,900.
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
Baba Ramdev's Patanjali Ayurved is considering bidding for the title sponsorship of the upcoming Indian Premier League, according to a company official.
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
Video isn't just about old school television shows, advertisements and tutorials anymore - short, crisp and engaging content across different formats is becoming increasingly popular in a world where stories are consumed on the go.
The report, however, shows that Delhi's air quality improved by approximately 15 per cent from 2019 to 2020.
The brigade that conducted the drills was from the PLA's Tibet Military Command and is one of China's two plateau mountain brigades.
While some researchers are developing prototypes for ventilators to overcome their shortage, others have teamed up to develop testing kits.
'"The end" depends on two things.' 'Either you develop a vaccine which is effective or if you have a drug, you can terminate this infection very quickly.' 'Otherwise, you have to depend on herd immunity.' 'I think it should happen earlier. Far earlier, than we can imagine or achieve 'herd immunity'.'
After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in the global merchandise trade volume in 2022. Exporters believe that the outbound shipments would cross $400 billion mark in this fiscal going by the current momentum and may reach $475 billion in 2022-23.
'The Fire and Fury Corps is the only formation of the Indian Army and also in the world to have actually deployed mechanised forces in such harsh terrain. The maintenance of the tanks, infantry combat vehicles and heavy guns is a challenge in this terrain. To ensure crew and equipment readiness, adequate arrangements are in place for both man and machine'
Morey's tweet of support for pro-democracy protests in Hong Kong prompted Chinese sponsors and partners to cut ties with the league and forced the National Basketball Association (NBA) to answer difficult questions about free speech.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
Bharti Airtel has received financing commitments of up to $2.5 billion from top Chinese banks.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
Addressing the annual Vijayadashmi rally at Reshimbagh ground in Nagpur, Bhagwat made a pitch for a review and reformulation of the National Population Policy keeping the next 50 years in mind.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
Did Xi deliver a message to Modi at Mamallapuram, which though couched in a velvet glove was time-bound? What was that message? It is clear Indian/Israeli/US spy satellites would not have missed detecting Chinese troop movements towards the Ladakh-Tibet frontier. Then why did some important functionaries in the Government of India choose to only ask the Russians about this in April 2020? Was Russian reassurance of Chinese troop movements being part of a routine exercise the reason that the Leh-based XIV Corps did not mobilise itself for its annual summer exercises near the LAC? A fascinating excerpt from Iqbal Chand Malhotra's new book Red Fear: The China Threat.
OnePlus announces plans to make in India
Overall, India had 451 million internet users at the end of March this year, second only to China in terms of monthly active internet users, the Internet and Mobile Association of India (IAMAI) said in its report titled 'India Internet 2019'.
New Zealand is the latest country after the United Arab Emirates and Sri Lanka which has offered to host the Indian Premier League in case the T20 league can't be held in India due to rising cases of coronavirus. The postponement announcement of the T20 World Cup scheduled to be held in October-November in Australia, is imminent, creating a window for the 13th edition of IPL.
This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.
These 10 images prove we live in a wonderfully weird world.