India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Chef Sabya upgrades dates by stuffing them with walnuts and coating it with chocolate.
The eyes, the smile, the style, the attitude... Diana Penty was a doll on the ramp.
'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'
Several firms are stepping up to help their workforce cope with soaring temperatures
Apples when stuffed, baked, and gussied up with a rum salted caramel syrup and ice cream, taste sublime.
A coconut dessert to satisfy your sweet cravings
The man wearing an Indian team jersey went down on one knee and proposed to his girlfriend who was wearing a Socceroos jersey.
The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
A little skin show is not such a bad idea this party season.
In a heart-melting moment and perhaps a first in cricket, the families of the cricketers announced their names.
Royal Challengers Bengaluru's IPL campaign that began with optimism has melted into chaos. Their bowlers require a drastic transformation in mindset against Sunrisers Hyderabad for them to register an elusive win in Bengaluru on Monday.
Time to start your preparation for Ganesh Chaturthi.
'The Weather Channel argues that India faces the gravest challenge: Climate change-induced health vulnerability.' 'This is an issue often neglected, alerts Claude Arpi: "Prolonged summers, unpredictable rains, floods, droughts, and rising sea levels are the harsh realities of climate change in the country. These factors increase the frequency and severity of illnesses, pushing people into poverty, and forcing migration".'
A GLOF occurred in parts of Lhonak Lake, leading to a rapid rise in water levels with very high velocities downstream along the Teesta River Basin in the early hours of October 4. This resulted in severe damage in Mangan, Gangtok, Pakyong and Namchi districts.
Melting snow and glaciers on the mountains of Asia alone could affect approximately 40 per cent of the planet's population, the report noted.
Only 21 tonnes of gold have been mobilised in the last eight years under the gold monetisation scheme (GMS) which was announced by the Government of India in November 2015. This could be considered as a failure as the scheme has undergone several changes with a revamped GMS announced in April 2021 to improve collections. This figure was released by the World Gold Council (WGC) on Wednesday in its report titled 'Gold Investment Market and Financialisation, in India gold market series'.
A new recipe for roasted corn.
Should you buy an air fryer. Is it for you? What can you make with it?
Let the festivities continue until the year ends.
Amal Clooney's must-read speech about 'the person who has her complete admiration'.
Ameya Warty feels his concoction of stuffed paneer will be a showstopper at your home every time you make it.
Reader Sarika Seth Gunjal shares this mouthwatering Gulab Jamun recipe.
At times a pataka, mostly a hot mess, Kriti Kharbanda is -- as she herself says -- 'too glam to give a damn'.
The chess champ loves to dress her nails and hair.
The final episode on Karan Johar's Koffee With Karan has social media sensation Orry make his debut.
The GlobalSpa Awards, held in Mumbai on September 13, had a red carpet it could be proud of.
As many as 720 roads, including four national highways, in Himachal Pradesh are blocked following snow while 2,243 transformers are disrupted.
A study by an international team of researchers had warned two year ago that the South Lhonak lake in Sikkim may burst in the future and significantly impact the downstream region.
The star ingredient of many a delicious preparation is, of course, cheese!
A lovely tiffin idea for your little ones.
Rediff reader Ashok Paskalraj writes about the steaming hot uppuma served at Villupuram railway station.
Before you bid goodbye to the monsoon, try this super-crunchy, delicious recipe on a rainy day.
Bake a cake and cookies with millets this season.
The cash pile within smallcap mutual fund (MF) schemes has grown over the past few months amid a relentless rally in stocks in this space. While fund managers usually don't make cash calls, incessant inflows and valuation discomfort have forced their hand. At the end of January, the top 10 schemes had over Rs 12,160 crore in cash, compared to Rs 8,700 crore in August 2023.
The singer's travel-friendly fashion pieces will help you step up your tarmac-dressing game.
The imposition of 15 per cent export duty on steel has suddenly altered the prospects of the sector to negative and led to a big sell-off in steel stocks. Iron ore and pellet exports have to face duties of 45-50 per cent, which means they become uncompetitive. The Ukraine war has led to a supply crunch in global markets and pushed up prices, with Europe, in particular, looking for replacements for Ukrainian and Russian exports.