View: By saying no to RCEP, PM Modi has kept India first
Considering India’s growing stature, RCEP members can’t afford to ignore India for long, writes Amit Shah.
Piyush Goyal to visit US for trade talks next week
Immediate issues that need attention are likely to be discussed during the visit in the ru...
India's no to RCEP deal will protect millions of jobs: Industry
India has been forcefully raising the issue of market access as well as prote...
CEPCI reiterates need for ban on import of all types of cashew kernels
To protect the domestic cashew industry, this council had requested the Government to ban import of all type of finished and semi - finished cashew kernels including de-shelled category and to limit the export incentives to products that has undergone transformation in India .
RCEP against India's interest, national priorities: Piyush Goyal
"Congratulate PM @narendramodi for his bold and courageous decision to not join RCEP, since it was against our economic interests and national priorities. Modi hai to mumkin hai!," Piyush Goyal said in a series of tweets. He further added that the prime minister has shown his concern for farmers, dairy sector, MSMEs and domestic manufacturing.
15 RCEP countries to go ahead with pact, India's final decision to depend on 'satisfactory resolution' of issues
“India has significant outstanding issues, which remain unresolved. All RCEP Participating Countries will work together to resolve these outstanding issues in a mutually satisfactory way. India’s final decision will depend on satisfactory resolution of these issues,” the grouping said.
Customs, GST relief to give Rs 60,000-cr boost to defence
Around Rs 25,000 cr will be saved over the next 5 years on account of the rollback of customs duty on the import of defence equipment that is not manufactured in India while GST exemptions will augment the defence budget by Rs 35,000 cr.
View: India’s duty structure must be turned upside down for global competitiveness
Usually, countries keep import duty low on Key Industrial Raw Materials (KRMs) and high on Value Added Products (VAPs). But in India, KRMs attract higher import duty than corresponding VAPs. This increases the cost of production and make exports uncompetitive. The industry also becomes vulnerable to imports due to low import duty on VAPs.
Regional Director accused of shoplifting at Sydney airport resigns from Air India
Bhasin has been under suspension and not permitted to enter the premises of the national carrier since the date of the incident.
One-stop shop: How Delhi Duty Free Services is changing the face of travel retail
Delhi Duty Free Services opened its new duty-free shops after renovation at Delhi International Airport's Terminal 3.
Bicycle industry urges govt to keep sector out of RCEP agreement
The Regional Comprehensive Economic Partnership (RCEP) agreement is being negotiated among 16 countries including the 10-member Association of Southeast Asian Nations (Asean), India, China, Japan, Australia, New Zealand and South Korea.
Govt restores duty-free replenishment facility for jewellery exporters
This facility of duty-free replenishment of precious metals was stopped after the implementation of the goods and services tax (GST).
Big copper makers at war with smaller cos over customs duty
Secondary producers seek reduction in duty on copper cathode & copper scrap while large players want it to remain at 5%.
Call of Duty Mobile review: Offers faster gameplay with less talking and more shooting
Call of Duty Mobile officially made it to Google Play and Apple App Store in October.
RCEP talks trigger import surge worry
Govt has sought to assure stakeholders that it will have safeguards to quickly block imports, at best 60-70 products out of over 10,000 may be covered by the mechanism demanded by Goyal at the last meeting.
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