New comptroller general patent designs & trademark authorised renovation work without approval from ministry. Statutory clearances cannot be given since 20% of repair work still incomplete.
Government data shows MNCs have favourite states when it comes to where to invest. Auto companies especially look for specific advantages that some states have & concentrate on those.
Smaller deficit this year could be down to slowing Chinese economy. In terms of volume, Indian exports to China remain roughly one-tenth of Chinese exports to India.
Govt had announced in August that imports of laptops, PCs, tablets etc would require a licence. This has now been tweaked, but these items remain in 'restricted' category.
China accounted for 58% of inflow of 7 items imports of which are now restricted. Move could've been prompted by 'genuine apprehension of a future security risk’, it is learnt.
With exports worth $453 billion and imports to the tune of $723 billion, India’s overall international trade reached $1.17 trillion, 21% above previous year’s $969 billion, official data show.
RoDTEP gives refunds to exporters on embedded taxes & duties. But, Indian Steel Association says govt's move doesn't cover sector, which remains weighed down by 4-12% of levies.
Latest commerce ministry data shows electronic goods exports touched Rs 83,000 cr in the first 3 quarters of FY22 — a 26% rise over FY20, when the country hit its previous high.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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