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The DGFT has also told banks to come up with a report flagging the specific issues in cross-border trade settlement in the Indian currency
After the implementation of this system, electricity consumers across the country will have to pay lower rate during during day time and higher rate during night time
The US imposed tariffs of 25% and 10% on certain steel and aluminum products from India, citing national security concerns
Now Indian professionals will not need to travel abroad to renew their work-related visas. US officials have announced that they can now renew their H-1B visas while staying in the US.
There is a growing demand to reduce import duties on wheat to control prices. However, the question remains whether there is a need for wheat imports in the country, and if the reduction in import duties will lead to a decrease in prices.
The government has directed the commerce and industry ministry to wield the ‘rules of origin’ broom to sweep out this inflow. Often substandard goods are manufactured in one country and then routed through other countries with which India has a free trade agreement.
The survey would also enquire whether citizens own an electric vehicle. The most comprehensive survey is going to capture how Indians are living and incurring expenditure over the internet.
Now small footwear units will also have to increase quality, government has given instructions.
The 27-nation EU has led the global movement to crack down on Big Tech companies — including moving closer to groundbreaking rules on artificial intelligence — but it has previously relied on issuing blockbuster fines, including three antitrust penalties for Google worth billions
AIBEA, AIBOC said such decisions can shake depositor confidence. It will put burden on shoulders of "ordinary citizens" and "hardworking bank employees."