INDIAN TRADE CLARIFICATION
Weak rupee leads Indian trade body to lift cotton export estimate
Higher exports by the world's biggest cotton producer could put pressure on global prices.
Alternative investment funds seek clarifications on Chinese block
Chinese investors — strategic and financial — pumped in an estimated $4 bil...
Cos seek clarification on equalisation levy
Fearing that the recently announced 2% equalisation levy on overseas ecommerce purchases by India...
Hema Malini, daughter Esha issue clarification over Kent’s ‘classist’ ad, call it ‘inappropriate’
The actress-turned-politician issued a clarification over the ad which hit a wrong note.
Delhi BJP seeks Arvind Kejriwal's clarification over "underreporting" of Covid deaths in capital
Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.
Aarogya Setu app row: Centre issues clarification after concerns being raised over privacy in COVID-19 app
After privacy concerns were raised about the Aarogya Setu app, Centre has clarified saying that Aarogya Setu is a robust app in terms of pri...
Lockdown: Retailers seek clarification to open shops; don't expect majority of states will allow
ET spoke to multiple retail and traders associations who said most of the large states like Maharashtra, Delhi, Karnataka, Tamil Nadu, West Bengal and others have already enforced stricter measures of lockdown and hence shops are unlikely to be opened.
Bombay HC seeks report from Maharashtra on steps taken for migrant workers
Taking note of the congregation of migrant workers at railway stations and bus stands in Maharashtra as they wait for their return to the home states, the Bombay High Court has sought a report from the Maharashtra government on how it was addressing the issue.
Banks await clarification from RBI on CRR exemptions
Lenders say they will not avail the benefit till there is clarity as any miscalculation in CRR could invite penalties.
GoI clarification on how GST exemption on Covid-19 related equipments will hurt manufacturers
Govt of India clarifies that it can't give GST exemption on ventilators, PPEs, masks, testing kits and sanitisers. Sources said GST exemptio...
Misuse of FTA for gold imports to end as govt tweaks import conditions
Gold and silver in any form, other than monetary gold and silver in any form, has been moved from free to restricted list, a government notification dated December 18 said. The imports under FTA were at a nominal duty against the 12.5% duty on gold and silver.
Govt seeks clarification on SC/ST job promotion
Attorney General KK Venugopal sought SC’s clarification after a bench led by Chief Justice of India SA Bobde issued notices on a plea by Bihar to allow the state to continue with current reservation in promotion. The notices are returnable in four weeks when the court will deal with the issue again.
NPPA seeks clarification on Gilead's drug pricing plea
National Pharmaceutical Pricing Authority has sought clarifications from the company. Gilead had sought exemption from price control for its Tenofovir Alafenamide tablets (brand name Vemlidy) to capture a major chunk of Rs 140-crore market for chronic Hepatitis B in India.
Odisha, Goa go for 12-hour workdays, Karnataka may ease labour norms too
Karnataka, too, was planning to do so and said it would work with industry associations and workers’ unions to arrive at amicable solutions on the number of working hours and wage arrears. But workers’ unions in the state, like AICCTU and Intuc, said if it relaxed labour norms, they would challenge the decision in the Supreme Court.
Clarification on dues order: OIL to move TDSAT, PSUs recall pleas
The Department of Telecommunications (DoT) had formally sought payments from Oil India. Two other state firms had not received a formal “demand notice” and may have no liability after the top court’s verdict, company executives said on the condition of anonymity.
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