Donald Trump says India is a ‘tariff king’, and his Commerce Secretary has complained about ‘overly restrictive market access barriers’. How are the two countries negotiating their trade disagreements?
Elon Musk recently said Tesla robotaxis, which will run without humans, will be ready by 2020. Companies are pushing ahead with autonomous vehicles, but concerns remain — and consumer interest is not rising.
Why has Maruti decided to stop making diesel cars? How is the move linked to BS-VI emission norms that kick in next year? What difficulties would continuance with diesel present? What is the mood globally?
How has India been preparing for the tightening of US sanctions? What key metrics could be impacted? What are the main concerns, and what role are the ongoing elections likely to play in India’s response?
According to analysts, the ratio of used-car to new-car sales, currently just over 1 in India, is likely to move closer to the ratio of over 2-3 that is seen in major economies such as Germany, the UK and Brazil.
Earlier, the composition of the search committee, according to the MoSPI Resolution dated June 1, 2005, was: Deputy Chairman, Planning Commission as Chairperson along with an RBI Deputy Governor and “two eminent persons.
The QCI, it said, “failed to bring out the said glaring shortcomings and hence misled the NCVT”, or the National Council of Vocational Training, which is an advisory body formed by the government for its skilling effort.
The move, which is to ensure availability of funds for startups, follows concerns regarding the taxation of angel investments in this sector. The Central Board of Direct Taxes will notify the changes separately.
The concerns raised by the domestic steel lobby focus largely on the Chinese non-alloy steel being imported in the country that is presumably being misdeclared as alloy steel, which otherwise is value-added and expensive steel.
While the withdrawal is the first tangible punitive step in what could be an escalatory ladder, its impact on trade is unlikely to be substantial given the low volume — consistently under $2.5 billion on an annual basis.