The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
Consumers have to watch out for four marks on hallmarked gold jewellery: BIS mark, purity in carat, assay centre's name and jewellers' identification mark.
The remarks by Dar, a close aide of Prime Minister Nawaz Sharif, came within days of the World Bank saying in a report that Pakistan will benefit from granting Most Favoured Nation-status to India.
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
India processes around 90% of the world's supply of rough diamonds.
Spot gold was substantially higher at USD 1,117.40 an ounce in early European trade.
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India-European Union Broad-based Trade and Investment agreement came up for discussion in a meeting between Sharma and visiting Netherlands Minister of Foreign Trade and Development Cooperation Lilianne Ploumen in New Delhi.
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
The price of ensuring no disruption after rolling out the GST seems to be an imperfect GST with many relaxations in its compliance norms, says A K Bhattacharya.
'This is a period of significant uncertainty, of unknown unknowns.'
Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
The Bill to amend the Bureau of Indian Standards Act has been passed.
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present.
Bharatiya Janata Party's prime ministerial candidate, Narendra Modi, last month urged small traders to compete with foreign retail chains through e-commerce.
VP Ansari thanked Polish leadership for its support to India's bid for NSG membership,
Prime Minister's Economic Advisory Council Chairman C Rangarajan dashes bullion firms' duty cut hopes.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
'... That they should emerge as role-models to be emulated by the fellow countrymen; and that the middle classes should not stick only to hate-filled and scornful criticism and condemnation against the state of affairs,' remembers Mohammad Sajjad.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
Concern would kick in if imports stay at or over 100 tonnes a month.
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
Ahead of the crucial World Trade Organisation General Council meeting in Geneva next week, India on Saturday said it would not compromise on food security and livelihood concerns and demanded substantial changes in the draft framework to make it acce
In her four-page resignation letter addressed to the prime minister, she said, 'In view of the decision of the government of India to go ahead with the Bill on the issue of marketing of agricultural produce without addressing and removing the apprehensions of farmers and decision of my party, Shiromani Akali Dal, not to be a part of anything that goes against the interest of farmers, I find it impossible to continue to perform my duties as a minister in the union council of ministers.'
The non-viability of green crackers may pave the way for e-crackers.
The first of its kind, a gem bourse to cater to the needs of the gemstone industry of the Pink City where all the business could be transacted under one roof, would soon become a reality.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
The S&P BSE Midcap and the S&P Smallcap indices rallied over 1% each
Now, India and US can jets, warships can use Indian bases
The Council also discussed process to make return filing simpler with just one return to be filed every month.
India is perceived to be a powerhouse for investment in coming times.
For the first time in the last eight years, India would not have any representative for the post of deputy director general.
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