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US President Donald Trump announced the imposition of a tariff of up to 100% on the import of unmanned drones and their components. America has taken this decision for national security reasons and with the aim of reducing dependence on other countries in this sector dominated by Chinese companies. In a statement issued by the…
UK cars, whiskey, clothes and footwear will be available cheaper in India after 7 days. Because, the free trade agreement between India and UK will come into effect from July 15. That means from this day 99% of India’s goods will be exported to UK at zero tariff. Whereas 99% of UK goods will be…
On June 30, the government has extended zero custom duty on the import of about 40 essential petrochemical products for 15 days. Now this relief will remain applicable till July 15. This step has been taken to provide stability to domestic industries amidst the disruptions in the global supply chain due to the ongoing conflict…
In the budget, the prices of goods fluctuate slightly due to increase or decrease in import duty. Let us understand what became cheaper and what became expensive from this budget… 1. Cancer medicines became cheaper: Custom duty abolished on 17 life saving drugs. The government has removed the basic custom duty on 17 medicines used…
New Delhi54 minutes ago copy link Yesterday’s big news was related to the Free Trade Agreement. After 18 years of long negotiations, a Free Trade Agreement (FTA) was signed between India and the European Union (EU). The leaders of India and the European Union announced this during the 16th India-EU Summit on Tuesday. Before tomorrow’s…
The US has officially announced a 50 percent tariff on India’s goods. America’s Department of Homeland Security has issued a notice to India in this regard. It is written that the US will impose an additional 25 percent tariff on India’s goods from 12 to 1 minute (local time) on August 27. And it will…
Hindi News Business Business News Update; Share Market, Gold Silver, Petrol Diesel, Subsidy On EV New Delhi18 minutes ago copy link Yesterday’s big news was related to subsidy on electric vehicles. The central government has extended the Electric Mobility Promotion Scheme (EMPS) till 30 September. Along with this, the government has increased the subsidy from…