"….Why is it that post these FTAs, by and large, with almost all countries, India actually could not gain greater export business, but imports started flowing in…Large imports started enjoying benefits of these FTAs, whereas Indian businesses could not enjoy these benefits and finally we landed up with unequal trade and greater and greater trade deficits," he said. … [Read more...] about India has given very good, balanced offer to US for proposed limited trade deal: Piyush Goyal
Why customs duty is important
“More than anything, it’s the ability to play extremely high-level chess and win while I seemingly am not focused on the game and talking to my chat,” Nakamura said of his ability to draw a large audience, which he usually retains as he plays 20 or more games in one sitting. “At least at blitz chess, I’m probably the best or second-best player ever, in the entire history, at least online.” … [Read more...] about Chess (Yes, chess) is now a streaming obsession
Is sustainable mining the keyword?India’s National Mineral Policy 2019 had also emphasised that mining operations shall not ordinarily be taken up in identified ecologically fragile and biologically rich areas. It had noted that the government shall identify such areas that are critically fragile in terms of ecology and declare as ‘in-violate areas’ or ‘no-go areas’ out of bounds for mining and with a view to reducing pollution, carbon footprint and operational costs, use of renewable sources of energy at mining sites will be encouraged through appropriate incentives.It had even suggested an inter-ministerial mechanism to decide the limits on the extent of mining activities that should be permitted including a detailed study for assessing the ceiling of annual excavation of minerals, considering the availability of mineral resources, the carrying capacity of the region, and the macro-environmental impact on the region while also “keeping in mind the … [Read more...] about Whose minerals are they anyway?
While this isn’t a challenge, there is always that one question the promoters face: why is a garment or shoe rented out for so many thousands of rupees for two to three days, or why do they have to put a deposit down. Bhatia says, “I have spent a lot of time educating people. The clothing we are renting out is worth a few lakhs and we charge 10 percent of the garment cost, besides a deposit just in case there is some damage or loss. I have had cases where women have spilt wine or stepped on expensive gowns and then refused to pay up. In a few cases, they have just not returned the garment.” … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!
It’s possible that the same system could also be used for other packaging. “If it works for hot beverages—and we’ve already talked to the team about this—[it could expand] to soda, or your McFlurry,” Szaky says. “And then from there expanding it to your hamburger, french fries. So that you can get everything from your chicken nuggets to your apple pie in a reusable alternative.” He also expects the system to expand to other restaurant chains. “The beauty is, the more players do it, the more convenient the recollection network becomes,” he says. … [Read more...] about McDonald’s is testing a new system of reusable, returnable coffee cups