The US Trade Representative's (USTR) office will also conduct the Section 301 probe against nine others, including Austria, Brazil, Indonesia, Italy, Spain, Turkey, the Czech Republic, the UK, and the EU, for levying or considering digital services taxes "discriminating against US companies".
Arguably among the best in his trade across cricketing generations, star India speedster Jasprit Bumrah celebrated his 30th birthday on Wednesday.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
The Congress rebels are seeking to install a person of their choice as the new chief minister of the state.
Why should India buy olives from Europe when it could do so from the world's largest producers?
From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
It's just not a date. It's just not about selecting a candidate. It's not about helping some candidate win. It's about expressing emotion, after ten years, that could reach out in India and beyond it, notes Sheela Bhatt.
The opposition bloc also got support from Telanagana Chief Minister K Chandrashekar Rao's BRS, which saw the bill as a move to usurp powers of an elected government in Delhi, and asked the House to vote against it.
A voter's right to know is 'far too important' in democracy than the privacy of a donor, Supreme Court judge Justice Sanjiv Khanna said on Thursday as the apex court scrapped the 2018 electoral bond scheme for funding political parties.
'India and Canada have almost 200 years of shared history and migrations. This won't be the last of our partnership.'
In a significant move to make the World Trade Organisations trade negotiations to meet the July-end deadline for a Framework Agreement, Trade Ministers of Non-Group 5 including India are meeting in Paris from July10-11.
This is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23, according to the Reserve Bank of India.
Olympian Deepak Punia skipped the national trials, in Patiala on Saturday.
China on Thursday said Beijing views the BRICS as an "open and inclusive" platform and it backs moves to expand the five-member grouping with "like-minded partners".
The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.
During the meeting on the sidelines of the 11th BRICS Summit on Wednesday, prime minister Modi said there was a "new direction and new energy" in bilateral ties after the two leaders' second informal summit in Chennai.
India's leading commodity exchange, National Commodity and Derivatives Exchange (NCDEX), and private weather forecasting company Skymet took a significant step towards launching the country's first tradeable weather index on Monday (August 14) by entering into an agreement to deepen their understanding of the impact that weather has on agricultural commodities. The memorandum of understanding (MoU) between NCDEX and Skymet is a profound step in the direction of linking farmers with the weather in a scientific way, according to an official statement. Sources indicate that NCDEX and Skymet will conduct workshops and seminars across the country to educate farmers about how they can scientifically use weather forecasts to hedge risks.
There is more concern among US businesses now about investing in India than was a few years ago
Canada now has seven trade offices in India, making Canada's network of trade offices in India its largest outside the United States.
India will be represented by Union Divestment Minister Arun Shourie in the informal World Trade Organisation ministerial meeting convened by US Trade Representative Robert Zoellick
Seven of the meetings will be held in late November or early December at the finance ministry, as is the norm.
The US on Wednesday announced tariffs on six countries, including India, that have imposed or are considering equalisation levy/digital services tax on e-commerce companies but immediately suspended the taxes for up to six months to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and G20. United States Trade Representative (USTR) Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK. "The final determination in those investigations is to impose additional tariffs on certain goods from these countries, while suspending the tariffs for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the G20 process," the statement said.
A federal body began a hearing on the impact of Indian trade policies on US businesses wherein American bodies and advocacy groups slammed India for its trade practices, alleging they hit their jobs and business.
India's disappointment over recent 'protectionist' measures by the United States, including increase in visa fee for IT professionals and Ohio's ban on government outsourcing, will be raised at the high level ministerial meeting in Washington on Tuesday.
The summit is being attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organisations.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
There have been several occasions when workers have raised an industrial dispute with employers demanding compensation for being retrenched due to continued illness
The government on Friday deferred the implementation of the import restriction order on laptops and computers (including tablet computers) by about three months till October 31, a move that gives more time to electronic companies to import these devices without a licence. Nw, these companies would need to take a licence from the government to import these devices from November 1. On August 3, the government put the import of these devices under a licence regime with immediate effect.
China has promised to "vigorously" expand imports of key products from around the world to balance its export driven trade, but analysts dismissed it as a mere lip service than a firm commitment.
In the UK, he will attend the Commonwealth Heads of Government Meeting
'It was my late husband Durga Soren (Hemant Soren's elder brother) who built the party and strengthened it.' 'It was due to his strengthening efforts that we have today a JMM government in the state.'
Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.
The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax.
The national carrier currently has 15 recognised trade unions.
The recession hit US today said it wants to enhance dialogue with India on key trade policy issues, including the bilateral investment treaty under negotiation.
The US on Thursday raised concerns over India's Personal Data Protection (PDP) Bill and draft non-personal data governance framework, claiming these could potentially threaten innovation and economic growth. In its latest 'Special 301' Report, the US Trade Representative (USTR) kept India on the priority watch list, maintaining the country remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP). In December 2021, a joint parliamentary committee released a report recommending changes to the PDP Bill, 2019, that could undermine important IP protections in India.
India and Iran plan to reach USD 25 billion in annual bilateral trade in the next four years, Indian commerce ministry has said.
The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.
