NEW DELHI: Ahead of PM Modi’s upcoming visit to the US, the Union Budget may have paved the way for Harley diplomacy between the two countries with Finance Minister Nirmala Sitharaman slashing the import duty on bigger bikes — the move set to directly benefit the iconic American bike company Harley-Davidson — paying heed to…
The Budget slashed customs duty not just for big motorcycles with engines above 1,600cc, but even in case of smaller ones, offering relief to those buying imported Honda, Suzuki, Ducati and KTMs. The fully built units will now face 40% customs duty instead of 50% earlier. For 1,600cc motorcycles and above, customs duty was cut…
Any increase in import duty in Budget may have adverse effect: World Gold Council NEW DELHI: The government’s decision last July to reduce import duties on gold has had a significantly positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said the World Gold Council (WGC).In…
MUMBAI: The international arm of NPCI has partnered with Magnati, a payment solutions provider in West Asia, to expand the acceptance of UPI payments in the UAE. The collaboration aims to enable UPI-based QR payments at Magnati’s POS terminals, offering Indian travellers in the UAE seamless payment options. Source link
File photo of Gautam Gambhir (L) and VVS Laxman (R). (Image: AP/Getty Images) NEW DELHI: The idea to appoint separate coaches for white-ball and Test cricket is not new. It’s been given a shot by teams — proved effective for some, like England, and blew up in the face for some, like Pakistan. It’s never…
Paulette Lifton woke up on her 67th birthday on Tuesday morning in a panic to smoke pluming in the distance of her home in the Granada Hills neighborhood of Los Angeles. The first person she called was her sister Annette. “What’s going on?” Ms. Lifton asked. “You have to download the Watch Duty app,” her…
JAMMU: The deputy commissioner of Doda suspended the assistant executive engineer (AEE) PMGSY Division Doda, citing suboptimal performance and negligence in clearing snow-blocked rural roads in Doda and Kishtwar districts of Jammu & Kashmir.Currently, snow-clearance operations are in progress to ensure smooth road connectivity for people.“The suspension came after reports of dereliction of duty by…
NEW DELHI: Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum. This…
AGARTALA: Stating that the northeast has the highest potential for economic growth and is also on its way to becoming India’s export gateway through the Chittagong port, home minister Amit Shah Saturday impressed upon the need for banking policy stakeholders to devise special guidelines keeping in mind the region’s current capacity and as a “responsibility…
NEW DELHI: Engineering exporters have cautioned against imposition of safeguard duty on steel, arguing that it will increase prices in the domestic market and make exports uncompetitive. Steel makers are lobbying hard for protection from imports, arguing that cheap imports from Asean nations, which have a free trade agreement, are hurting the domestic players. Arguing…