Tag: India

GST Council Cuts Tax on 40 Items

While air conditioners and dish washers were not removed from the 28 percent slab, three items were moved from 18 percent to 12 percent, one item was shifted from 18 percent to 5 percent along with other changes in tax rates as well. New ...

Nepal Bans Higher Denomination Indian Currency Notes…

Kathmandu: The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report. The government has asked the people to refrain from keeping or carrying Indian bank notes ...

Vijay Mallya Offers To “Repay 100%” To Banks, Says “Please Take It”

NEW DELHI:  Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said today that he offered to pay back the full amount of the principal loan he owed various banks. In a series of tweets, the liquor ...

New Jawa bike

Jawa Motorcycles invoke pleasant memories for a plethora of Indians. The brand, in its prime during the 1960s and '70s, was known for its young and vibrant motorcycles that were a strong part of the then pop culture, despite being a Czech brand. ...

Cashew exports may fall to 25-year low

India’s cashew exports could drop to an over two-decade low this financial 12 months as traders maintain to head gradual on shipments because of falling prices in overseas markets. Processor exporters—who depend upon imported nuts for over 60% of ...

Rupee jumps 50 paise to 72.50

The rupee rose by 50 paise to end at 72.50 per US dollar on Friday on increased selling of the greenback by exporters amid softening crude oil prices, which slipped below the USD 70 per barrel mark. The dollar weakened following the US mid-tem ...

100% import duty hits walnut exports from California

Even as the nutritional benefits of walnuts are boosting consumer demand, the 100 percent import duty and currency weakness have affected the exports to India, said California Walnuts Commission (CWC). Walnut exports to India are likely to ...

OnePlus 6T 5 features that may yet again make OnePlus phone a premium

It's common knowledge that all the 'T-series' phone from OnePlus have been evolutionary phones. The OnePlus 3T was an evolution of OnePlus 3, and the OnePlus 5T played the same role for the OnePlus 5. But OnePlus 6T, which launches this month on ...

How AI can be a boon for international trade

Mumbai: Across the world, artificial intelligence (AI) generates enormous excitement about its potential but little is known about its economic effects. According to a new study, one area where AI could prove influential is international trade. In a ...

US Oil Exports Fall As India Turns To Iran

U.S. oil shipments to India fell to 84,000 barrels per day (bpd) last month, down 75 percent from a record high of 347,000 bpd in June, Kpler data showed. India accounted for 12 percent of U.S. crude exports in June. India has been one of the top ...

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