KOLKATA: The political turmoil in Bangladesh has slowed down exports of gem and jewellery, imitation jewellery, engineering goods and oilmeals from India. The raw cotton, cotton yarn and textiles exporters are facing delays in payments, even though the buyers are depositing payments in local currency Bangladeshi Taka. However, due...
NEW DELHI: The Directorate of Revenue Intelligence (DRI)’s report on ‘Smuggling in India’ 2023-24 highlights a rise in commercial fraud, including misuse of foreign trade agreements (FTA) by individuals/companies. According to the report, the agencies have detected cases of FTA misuse worth Rs 1,427 crore during 2023-24 compared to...
NEW DELHI: To facilitate ease of doing business, markets regulator Sebi on Thursday proposed that funds of clients, who have not done any transaction in the last 30 days, will be settled by stock brokers on the upcoming settlement dates of monthly running account settlement cycle. Under the rule,...
NEW DELHI: Amazon Web Services (AWS) on Thursday said it is committing up to USD 100 million in cloud credits over the next five years to help eligible educational institutions and underserved students worldwide develop and scale digital learning solutions. The programme, a part of AWS Education Equity Initiative,...
NEW DELHI: Commerce and Industry Minister Piyush Goyal on Thursday urged the industry to share specific issues they are facing in accessing bank credit and suggested that the government is open to exploring alternate financing models for MSMEs. He also said the ministry can earmark particular areas in the...
India has pitched for fast-tracking negotiations in the WTO on special safeguard mechanism (SSM), which would allow developing countries to temporarily raise tariffs on agricultural imports in response to import surges or price drops, an official said. The country flagged the issues during a meeting of a committee on...
By Satyaki Chakraborty France landed on Wednesday night once again into a deeper political crisis after a no-confidence vote brought down the government, ending the beleaguered minority coalition of the conservative Prime Minister Michel Barnier propped up by the far right National Rally (RN) after only three months. The...
By P. Sudhir The continuous attacks on Hindus and other minorities like Buddhists in Bangladesh are causing widespread concern. Consequent to the fall of the Sheikh Hasina government in the first week of August after a mass movement, it was expected that the end of her authoritarian rule would...
By Rabindra Nath Sinha KOLKATA: Uncertainties over receipt of proceeds are now being factored in by India’s exporters regularly servicing the Bangladesh market. India-Bangladesh trade, a very large chunk of which is carried through some half-a-dozen land ports, was not seriously affected even after the collapse of the Sheikh...
By Dr. Gyan Pathak Unless paid and formal employment is guaranteed, a woman’s economic activity in India is associated with a higher risk of intimate partner violence(IPV).However, household and other characteristics, such as higher agency within the household, higher education of the husband, lower social acceptance of IPV, and...
By Sushil Kutty Who is afraid of the Places of Worship (Special Provisions) Act, 1991? A parallel can be drawn with ‘Who is afraid of Islamophobia?’ which sounds like somebody with a genuine phobia of Islam. But ask a Muslim and as far as he is concerned, ‘Islamophobia’ is...
By Krishna Jha Much has been written about Sambhal, a town in Uttar Pradesh, where a week back, violence had erupted. A team had conducted a second survey of the Shahi Jama Masjid, to establish that the Masjid was built on the debris of a temple. This is similar...
By Arun Srivastava Villagers of Markadwadi, a small village in Solapur of Maharashtra holding a mock poll for “re-electing” their representative using ballot papers on December 3, apparently might be construed as expression of distrust over the functioning of electronic voting machines (EVMs) but in reality this exercise exposed...
By Tirthankar Mitra Pollution from stubble burning from neighbouring areas visits Delhi every year. Health hazards apart, schools have to be closed, government organisations and private firms find little alternative but to ask their employees to work from home. These are certainly no permanent solutions to the man-made pollution....
By Kap Seol SEOUL: They said it wouldn’t happen again in South Korea — not after more than four decades during which hundreds of thousands of people were beaten, tortured, jailed, and killed while defending democracy against one strongman after another. Another military coup seemed to be out of...
NEW DELHI: The country’s top manufacturing and industrial houses are working with the government to enter a broadening global electronics supply chain. About two dozen large industrial houses have sensed an opportunity to leverage strengths and competencies to produce components, sub-assemblies and raw materials such as chemicals and gases....
NEW DELHI: The Department of Telecommunications (DoT) is pushing for an expansion of the Production Linked Incentive (PLI) scheme for telecom equipment and network products to further localise the manufacturing of key equipment and quickly capture the export demand for 4G and 5G gears. An expanded PLI will be...
NEW DELHI: India’s services sector remained strong in the month of November with HSBC India Services Business Activity Index, or services PMI for the month at 58.4, down only fractionally from 58.5 in October, amid a consistent demand that led to a significant rise in business sentiment and record...