Piyush Goyal says India awaiting tariff edge before US trade deal (File photo) NEW DELHI: India will announce the final details of its proposed Bilateral Trade Agreement (BTA) with the US only after Washington agrees to provide preferential tariff terms compared with the country’s competitors, commerce and industry minister Piyush Goyal said on Thursday.“As soon…
India has retained its tag of being the world’s fastest growing economy. India’s GDP growth has beaten all estimates with a 7.8% number in the midst of the US-Iran war. But the government is under fire from opposition and even some experts who have raised doubts on the new calculation methodologies. Is India’s GDP growth…
Bank holiday on September 4 Bank customers planning to step out for branch work on Friday should double-check their local holiday list first. According to the Reserve Bank of India’s (RBI) holiday calendar, banks across a number of states and Union territories will remain closed on September 4 on account of Krishna Janmashtami, one of…
One issue that is likely to come up again is the annual increment rate for central government employees. 8th Pay Commission news: The 8th Pay Commission is set to travel to Chennai on September 7 and 8, following its two-day stakeholders’ consultation meeting in Jaipur. During the Chennai visit, representatives of employee and pensioner organisations,…
Although the flat was jointly owned by the husband and wife, the tax officer added the entire Rs 34.8 lakh difference to the husband’s income. You buy a house jointly with your wife. When you register it the stamp duty value is higher, and the Income Tax Department decides to place the full tax liability…
The point is not that America has become less relevant. It’s about the rest of the world finally catching up as a credible alternative. By Sebin Jinny, Partner at Vialto PartnersFor Indian students and professionals, the US has long been a natural first choice when thinking about international education and careers. That is unlikely to…
Airbus selects Indamer Technics to set up South Asia’s first radome repair facility in Nagpur to boost regional MRO support. NEW DELHI: European aerospace major Airbus has selected Indamer Technics to set up South Asia region’s first comprehensive radome repair facility in Nagpur, India, strengthening its regional aftermarket support. Under this service agreement, Airbus has…
Will Americans get cheaper gas now US President Donald Trump is betting that his Venezuela oil deal will “substantially lower gas prices for all Americans”. But whether the arrangement can deliver cheaper fuel at US pumps, and how quickly, remains uncertain. Days earlier Trump said that the US would use Venezuelan crude controlled through a…
Sugar prices ease: Retail rates fall 3.85% to Rs 62.57/kg in a week Sugar prices have begun to ease across markets after a series of government interventions aimed at containing the recent rise. The average all-India retail price fell 3.85% over the past week to Rs 62.57 per kg, while the average wholesale price dropped…
Siliguri Corridor gets Rs 2,077 crore highway boost Siliguri Corridor is set for a major infrastructure upgrade, with the Centre approving a Rs 2,077.18-crore project to four-lane the 31.02-km NH-327. The stretch links Bagdogra in West Bengal’s Darjeeling district with Galgalia in Bihar’s Kishanganj.Union road transport and highways minister Nitin Gadkari announced the approval on…