With US officials visiting India for the trade deal, New Delhi will push for full exemption from the 26% tariff on domestic goods announced by Trump earlier this year.
Several orders issued by commerce ministry this year have taken away Unnat P. Pandit’s financial & administrative powers, even as he continues to hold the post, the Delhi HC was informed.
Indian commerce ministry data shows imports in October stood at $65.03 billion, exports were $33.57 billion. At $60 billion for April-October 2023, Chinese imports double that of Russia’s.
Data reveals that most of rise in imports is on account of 'input goods' or capital goods. Import of electronics, electrical machinery & their parts is up by 37% from last year.
Under the RoDTEP, various central and state duties, taxes, and levies imposed on input products would be refunded to exporters and govt has set aside Rs 12,454 crore for refunds.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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