Industry seeks cut in customs duty on natural rubber.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
At Delhi's markets, cardamom, pepper selling at double their recent rates
The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
Protests by members over Joint Parliamentary Committee report on spectrum scam, price rise, Telangana and the death of children in Muzaffarnagar relief camps disrupted Parliament on Monday leading to repeated adjournments.
The government may tweak customs duties in the Budget next week on several goods, including furniture raw materials, copper scrap, certain chemicals, telecom equipment and rubber products, to promote domestic manufacturing and exports, sources said. They said that while import duties could be tweaked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.
Nifty ends above 8,600; Tata Motors, RIL top leaders
The annual rate of inflation based on monthly wholesale price index (WPI) was 1.22 per cent in December as compared to 1.55 per cent in the previous month. It was 2.76 per cent in December 2019. The decline last month was mainly due to lower increase in food prices, data released by the Ministry of Commerce and Industry showed on Thursday. The food inflation for December dropped to 0.92 per cent as compared to 4.27 per cent in the previous month.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
'The situation in India is much more grave and serious than all of us think.' 'That's why it's important to defeat the BJP in 2024.'
How could a President, seen as a political time-server, have manoeuvred things to a stage where he could strike fear into the heart of a prime minister who, only two-and-a-half years before, had been elected with the largest majority in history?
'The idea of aligning with different political parties -- parties that are relevant at a particular period -- is opportunistic and unacceptable.'
The long queue outside Cellular Jail is a testimony to its place in India's national consciousness. The Andamans is also where the only British viceroy was assassinated and where Bose unfurled the Tricolour for the first time in 1943.
India will host Denmark on the lush green grass court of Delhi Gymkahna Club for the World Group I tie.
She also took a swipe at the Bharatiya Janata Party over its defeat in the just-concluded Himachal Pradesh assembly elections, saying the ruling party's president could not hold on to his home state. "Who is the Pappu now?" she asked.
The government may soon give the green light to bilateral trade between Russia and India in their national currencies to avoid any trade disruptions, multiple people aware of the matter said. While the Department of Commerce has recommended the proposal, an announcement is likely to be made by the finance ministry after further deliberations between the Department of Economic Affairs and Department of Financial Services. "The finance ministry will take a call on how to peg the two currencies," a senior government official told Business Standard. In the past, the two nations have had rupee-rouble trade, and when such an arrangement is implemented again, it will bypass the sanctions imposed on Russia by the West.
Indian cricket in 2022 was chaotic, to say the least and messy at most of the time both on and off the field.
Rajesh Karkera/Rediff.com takes the XUV 400, the first electric SUV from the Mahindra stable, for a spin and comes away impressed.
>The farmers will go home but the country will not get the agricultural reform it badly needs -- if nothing else, then to prevent a bigger water crisis than already exists, argues T N Ninan.
China has cast a long shadow on India's economy.
Kerala floods take a toll on small businesses, NBFCs brace for losses
Your boring sound tracks may not get much attention, but a speaker playing music while floating on water will surely do, says Khalid Anzar.
Markets shrugged off RBI's neutral stance on key policy rates.
'There is a weak link between the economy and the stock market.'
HDFC and Infosys contribute the most to today's rally.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
Investors turn their attention to export-driven sectors.
As cess levied under GST isn't shared by states, most states oppose it on the ground that it would set a wrong precedent and distort the GST structure.
Tyre companies are stepping up on exports to offset declining volumes from domestic OEMs.
"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Aston Martin plans launch on April 15, Ferrari to follow suit.
Rise in prices of essential inputs increases cost of producing cars, making them less affordable.
Inflation declines to 5.66 per cent for the week ended April 28 as compared to 5.77 per cent in the previous week.
Inflation falls to 8.84 per cent for the week ended November 15 from 8.90 per cent in the previous week.
The easy-to-wear Jabra Elite Bluetooth earphones offer superior sound quality, active noise cancellation and a trio of microphones, say Dhruv Munjal and Veer Arjun Singh.
Every February 28th, Zakia Jafri relives the agony of witnessing the brutal massacre of her husband, former Congress MP Ahsan Jafri, along with scores of other women and children. Despite deteriorating health, her hope that those responsible will be brought to justice, remains strong, notes Najid Hussain.