In a move aimed at checking the revenue loss stemming from Indian shoppers purchasing luxury brands abroad, the government on Friday said it could rationalise import duties."India has high tariffs and we recognise that if you go abroad and buy, then it is a revenue loss for India. So we are working on both duties and countervailing duties," Union Commerce Minister Kamal Nath said.
According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
The plantation sector was dominated by small growers to the extent of 60 per cent. The industry directly employed 20 million people and contributed 9 per cent of agricultural exports.
Government employees' pay packets will get fatter, with the Cabinet on Thursday approving three per cent hike in dearness allowance.
Trade unions on Tuesday opposed the entry of foreign direct investment in the country's tobacco sector, considered the largest in the world, and asked the Government not to experiment in such 'socially sensitive' areas.
Do you think foreign funds should be allowed in India's higher education sector? Will it be a boon or curse for the Indian economy? Or does it sound silly to run foreign playschools, colleges and universities in India?
Consultancy Services CEO S Ramadorai was named Manager Entrepreneur of the Year.
After reproaching the International Monetary Fund for its attack on India's SEZ policy, Union Commerce Minister Kamal Nath has criticised the Reserve Bank for its 'inconsistent approach' towards special economic zones. \n
The government is looking concerned over the rising cement prices. On Friday, Union Commerce Minister Kamal Nath met the members of the Cement Association, where he asked them to address the issue by taking effective steps.
World Trade Organisation chief Pascal Lamy has said that a final agreement in global trade talks is possible.
India has decided to unilaterally reduce tariffs for African least developed countries in a bid to provide market access to products of their interests.
He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.
Foreign direct investment inflows to India increased by 67.6 per cent year-on-year to $2.38 billion in the first six months of the current fiscal ended September 30.
Riding high on the prospects of a bullish Indian economy, the government has set a target of $92 billion for merchandise export for the current fiscal and said the high trade deficit seen in April was "not a matter of concern."
The party has brought in three new faces, including Dayanidhi Maran, son of Murasoli Maran, and the widow of a backward Nadar community leader.
The condition of Union Commerce Minister Murasoli Maran, undergoing treatment in a hospital in the United States, has suffered a "set back".
He said it is indicative of the Indian economy's strength as a rich knowledge base.
The appreciating value of the Indian rupee against the US dollar is unlikely to have any major impact on Indian exports, Union Commerce Minister Arun Jaitley said on Monday.
The marshals will be provided specialised axes to snip wires and break glasses.
ITC buys two-thirds of tobacco from Andhra Pradesh and the remaining one-third from Karnataka for its cigarette manufacturing division
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
Schools and colleges are set to reopen on Monday in three adjoining districts of Chennai, Kancheepuram and Thiruvallur after remaining closed for nearly ten days in view of the monsoon fury.
Anand Sharma working tirelessly for extension of tax breaks that expired on March 31, 2010.
In the factory, workers said Friday was the last day as far as production was concerned.
'In the last 4, 5 years, ever since online companies started online shopping in a big way with heavy discounts, our sales are affected badly.' 'As there is no control over the way the online companies operate, they were able to destroy the domestic retail market to a great extent.'
The nomination process began in Varanasi for the most keenly watched Lok Sabha elections, with Congress candidate Ajay Rai, who is pitted against BJP's prime ministerial candidate Narendra Modi and Aam Aadmi Party convenor Arvind Kejriwal, filing his papers after offering liquor to Lord Kaal Bhairav as per local tradition.
President Pranab Mukherjee will be among over 90 heads of state and government who will attend an emotional memorial service in South Africa on Tuesday for anti-apartheid legend Nelson Mandela, making it one of the largest such gatherings in generations.
Tamil Nadu Chief Minister Jayalalithaa credited Prime Minister Narendra Modi with spearheading investor-friendly initiatives, saying it will "enthuse" businesses planning to invest in states.
The situation is unlike any other legislation/ordinance that governments at the Centre and states had passed on earlier occasions after the higher judiciary had held certain laws, orders or decisions ultra vires of the Constitution, says N Sathiya Moorthy.
"This wasn't an attack over meat. He has been killed in the name of religion. This is a pre-planned, cold-blooded killing. It cannot be an accident," said Owaisi.
'The dragon is Narendra Modi. While it may be harsh -- a tad -- to say that it was sleeping, it is fair to say that the government's approach in tackling corruption cases was lackadaisical.' 'By choosing corruption as an issue the Opposition has goaded the Treasury benches to return fire -- and the BJP has more potent ammunition,' says T V R Shenoy.
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