US and EU Impose Countervailing Duties on Indian Products Due to RODTEP Scheme
The U.S. and the European Union have now imposed countervailing duties (CVDs) on four Indian products, as a retaliation against the Remission of Duties and Taxes on Export Products (RoDTEP) scheme introduced for outbound shipments in January 2021. The products for which countervailing investigations have been conducted and a final determination of CVD has been made include paper file folders, common alloy aluminum sheet and forged steel fluid end blocks by the U.S. and certain graphite electrode systems by the European Commission (EC), Minister of State for Commerce and Industry Anupriya Patel told Lok Sabha on Wednesday. “The Indian government and the affected exporters have strongly defended the subsidy allegation against various programs & schemes of the government, both at Central & State level, in their written and oral responses during the conduct of investigations,” she noted. Asked if India is willing to lodge a formal dispute with the World Trade Organisation (WTO) if the matter was not resolved bilaterally, Ms. Patel said, “Any party may approach the WTO Dispute Settlement mechanism, if a WTO member adopts any measure that are inconsistent with the agreements under the WTO.”Source from: https://www.thehindu.com/business/rodtep-us-eu-slap-countervailing-duties-on-four-indian-goods/article67635019.eceShare this: TwitterFacebookLinkedInTelegramWhatsApp
Source:The Hindu
February 08, 2024 12:25 UTC
As More Entrepreneurs Join Solar Wave, On Ground Tax Evasions, Middlemen, Reportedly Emerge
As More Entrepreneurs Join Solar Wave, On Ground Tax Evasions, Middlemen, Reportedly Emerge | WatchUpdated: 08 Feb 2024, 02:54 PM ISTAs More Entrepreneurs Join Solar Wave, Reports Of ... moreAs More Entrepreneurs Join Solar Wave, Reports Of Evasions, Middlemen, Commissions Emerge | Watch #narendramodi #solarpower #suryoday #solar #solarcells #solarroof #solarrooftop #adani #tatapower #reliance #abhinavtrivedi #topstocks #renewableenergy #green #greenenergy
Source:Mint
February 08, 2024 12:21 UTC
Top Stocks To Buy Or Sell On 7th February | Vaishali Parekh's Recommendations | Market Set Up
Top Stocks To Buy Or Sell On 7th February | Vaishali Parekh's Recommendations | Market Set UpUpdated: 08 Feb 2024, 08:52 AM ISTTop Stocks To Buy Or Sell On 7th February | Vaisha... moreTop Stocks To Buy Or Sell On 7th February | Vaishali Parekh's Recommendations | Market Set Up
Source:Mint
February 08, 2024 12:19 UTC
Mexico overtakes China as the leading source of goods imported to US
February 08, 2024 08:39 am | Updated 08:39 am IST - WASHINGTONFor the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States. At the same time, the value of Chinese imports imports tumbled 20% to $427 billion. The Trump administration began imposing tariffs on Chinese imports in 2018, arguing that Beijing's trade practices violated global trade rules. Supply-chain disruptions related to the COVID-19 pandemic also led U.S. companies to seek supplies closer to the United States ("near-shoring''). Scissors suggested that the drop in U.S. reliance on Chinese goods partly reflects wariness of Beijing's economic policies under President Xi Jinping.
Source:The Hindu
February 08, 2024 11:17 UTC
HT Media Group Brands HT Digital, HT Labs Win Big at WAN IFRA Awards 2023
The Group won 14 awards including 6 Gold Awards in leading categories such as Best Digital Subscription (Mint Premium), Podcast (OTTplay Podcasts), AI Implementation (OTTplay), Best Use of AI in the Newsroom (HT Digital), Newsletter (Mint Easynomics), and Use of Video (Holes in India’s Data Privacy Laws, The Alt View). February 6, 2023, New Delhi: HT Media Group, one of India’s leading mass media and entertainment conglomerates, won 14 awards at the seventh edition of the Digital Media Awards South Asia by the World Association of News Publishers (WAN-IFRA), including 6 Gold awards. HT Digital, the digital arm of HT Media Group housing reputed brands like hindustantimes.com, livemint.com, livehindustan.com, and desimartini.com, won five awards across categories, including 4 Golds. Winning a Gold award for our use of AI in the newsroom shows our commitment to staying at the forefront of next horizon products,” said Puneet Jain, CEO, HT Digital. HT Labs, the startup factory of HT Media Group, won 9 awards, with a gold in each for Best Podcast and Best Use of AI in Revenue Strategy.
Source:Mint
February 08, 2024 10:50 UTC
January Breaks Record as World’s Hottest Month, EU Scientists Report
<img post-id="890329" fifu-featured="1" width="1920" src="https://images.indianexpress.com/2024/02/europe.jpg" class="attachment-full size-full wp-post-image" alt="" decoding="async">The world just experienced its hottest January on record, continuing a run of exceptional heat fuelled by climate change, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday. Last month surpassed the previous warmest January, which occurred in 2020, in C3S’s records going back to 1950. Every month since June has been the world’s hottest on record, compared with the corresponding month in previous years. US scientists have said 2024 has a one-in-three chance of being even hotter than last year, and a 99% chance of ranking in the top five warmest years. January was world’s warmest on record, say EU scientists | World NewsThe world just experienced its hottest January on record, continuing a run of exceptional heat fuelled by climate change, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday.
Source:Indian Express
February 08, 2024 10:44 UTC
Centre is waging war against opposition governments: Arvind Kejriwal at Jantar Mantar
Delhi Chief Minister Arvind Kejriwal on Thursday hit out at the BJP-led Centre, accusing it of waging a war against state governments led by opposition parties. The Centre is using all the tactics to harass the opposition governments," Kejriwal said at the protest. They are also harassing them by using central agencies to arrest opposition leaders." The governors are meddling with state subjects in opposition-ruled states and agencies like ED are being used to frame opposition leaders, he alleged. A time can come when we will be there (in power) and you will be here (in opposition) and the same laws can come to haunt you," Kejriwal said.
Source:The Telegraph
February 08, 2024 09:33 UTC
Delhi: Portion of Gokulpuri Metro Station collapses, one dies
NEW DELHI: A 53-year-old man died on Thursday when a portion of the Gokulpuri Metro Station on the Pink Line in northeast Delhi collapsed, police said. The man was on his scooter when he came under the debris of the collapsed wall of the elevated station platform. The deceased was identified as Vinod Kumar by police, a resident of Shaheed Bhagat Singh Colony of nearby Karawal Nagar area. The Pink Line metro runs between Majlis Park and Shiv Vihar metro stations. Deputy Commissioner of Police (northeast Delhi) Joy Tirkey said as the Gokulpuri Police Station is located next to the metro station, the local staff including the Station House Officer rushed to the spot soon after the incident.
Source:Indian Express
February 08, 2024 09:00 UTC
MP के उमरिया में महिला सीइओ को दस हजार रूपये की रिश्वत लेते लोकायुक्त ने किया गिरप्तार
MP के उमरिया में महिला सीइओ को दस हजार रूपये की रिश्वत लेते लोकायुक्त ने किया गिरप्तारREWA NEWS। एमपी के उमरिया जिले में महिला जनपद पंचायत सीइओ प्रेरणा परमहंस को दस हजार रिश्वत लेते लोकायुक्त ने पकड़ा है। ग्राम बेहरवाह के सरपंच प्रमोद यादव की शिकायत पर रीवा लोकायुक्त की टीम ने गुरूवार को यह कार्रवाई की है।इस कार्रवाई के बाद लोकायुक्त पुलिस ने महिला सीइओ पर भ्रष्टाचार निवारण अधिनियम के तहत मामला दर्ज कर लिया है।लोकायुक्त पुलिस अधीक्षक गोपाल सिंह धाकड़ ने बताया कि शिकायतकर्ता प्रमोद यादव सरपंच द्वारा ग्राम पंचायत में कराए गए नाडेप निर्माण के भुगतान एवम सरपंच तथा पंचों के मानदेय भुगतान के एवज में 10,000 रुपए रिश्वत की मांग की गई थी ।सत्यापन पर रिश्वत की मांग करना पाए जाने से धारा 7 भ्रष्टाचार निवारण संशोधन अधिनियम 2018 का प्रकरण पंजीबद्ध कर ट्रैप कार्यवाही का आयोजन कर आरोपी मुख्य कार्यपालन अधिकारी को उमरिया स्थित उसके शासकीय आवास में 10,000 रिश्वत लेते हुए रंगे हाथ पकड़ा गया है।इस कार्रवाई में ट्रेपकर्ता अधिकारी उप पुलिस अधीक्ष् प्रवीण सिंह परिहार सहित जिया उल हक निरीक्षक, आकांक्षा पाण्डेय उप निरीक्षक, आरक्षक सुभाष पाण्डेय, लवलेश पाण्डेय, विजय पाण्डेय, प्रेम सिंह व पंच साक्षी सहित 12 सदस्यीय टीम रही।
Source:Dainik Bhaskar
February 08, 2024 08:57 UTC
Yes Bank share price jumps 10% to touch 52-week high on clarification of fintech partnership
Yes Bank share price today opened at ₹31.18 apiece on BSE. Yes Bank stock price touched an intraday high of ₹32.74 and an intraday low of ₹28.87. There is no material impact of this article on the Bank," said Yes Bank in its filing. Following an article on the website economictimes.indiatimes.com, Yes Bank issued a clarification. Also Read: Yes Bank shares rise 13% on RBI's nod to HDFC Bank's cross-holding.
Source:Economic Times
February 08, 2024 08:52 UTC
Musk v Zuckerberg: who’s winning?
The playground rivalry between Mark Zuckerberg and Elon Musk dates back years—and in who-is-cooler-than-whom terms, Mr Musk usually wins easily. Mr Musk is revered as a rule-breaker, plays up his bad-boy image and mostly gets away with it. In business terms, even then Mr Musk had the upper hand. But as Mr Zuckerberg has become more sensitive to his fellow shareholders, Mr Musk has become less so. In a nutshell, as Mr Zuckerberg grows older, he appears to have learned from his mistakes.
Source:Hindustan Times
February 08, 2024 08:28 UTC
What you need to know about California’s new ‘daylighting’ law
Why California wants you to park farther from crosswalks? (Photo by Dimitar DILKOFF / AFP)(AFP)But a new law in California wants to change that. It wants to stop drivers from parking too close to crosswalks, so that drivers and pedestrians can see each other better. The law came into effect this year and drivers have a year to follow it before they get fined. They said that this was a 13% increase in the number of pedestrians who died compared to the year before.
Source:Hindustan Times
February 08, 2024 08:17 UTC
U-15 & U-20 wrestling nationals postponed
CHENNAI: A couple of days after hosting the senior national championship, the ad-hoc committee running wrestling in the country decided to postpone the U-15 and U-20 nationals scheduled in Gwalior from February 11-17. A statement issued by the panel chairperson Bhupender Singh Bajwa said that a few state units have requested to reschedule the tournament. “Representations from some state wrestling associations have been received to reschedule the U20 & U15 National Wrestling Championship. It should be noted that the panel also announced to hold the national camp from February 9 till Paris Olympics. Sources at the panel asserted that the national camp will go ahead as scheduled.
Source:Indian Express
February 08, 2024 07:24 UTC
Momentum around developers, development in India unbelievable: Microsoft CEO Satya Nadella
BENGALURU: Microsoft CEO Satya Nadella on Thursday said the momentum around developers and development in India is "unbelievable", as he outlined his vision on AI transformation imperatives in areas such as healthcare and education, and spoke of innovation around Copilot artificial intelligence assistant. He also announced the expansion of the 'code without barriers' initiative to India which he said would help 75,000 women developers by 2024. "India is a place where momentum around developers, development is unbelievable," he said. The Microsoft top boss also spoke about unlocking productivity across business with Microsoft Copilot, building transformation AI solutions with Microsoft Azure, and on AI safety. It is going to cross....So it's going to be the place where the most number of developers are going to be in."
Source:Indian Express
February 08, 2024 06:37 UTC