Govt spurns EU demand for lifting QRs on 100 items
New Delhi: During the recent bilateral consultations, New Delhi has told Brussels that the import restrictions being maintained by it on over 100 products are in accordance with the provisions of articles 20 and 21 of the general agreement on tariffs & trade and cannot therefore be dismantled.
Back to News Review index page  

Delhi, Mumbai in Munich Re's riskiest fifty cities
New Delhi: Munich Re, the largest reinsurance company in the world, has identified two Indian mega cities — Mumbai and Delhi — as part of the 50 riskiest megapolises in the world from the point of natural hazards and terror risk.
Back to News Review index page  

EOUs seek service tax exemption
New Delhi: A delegation of the council for hundred per cent export-oriented units (EOUs) has urged the commerce ministry to take up with the finance ministry the issue of exempting the units from service tax and allowing them to carry forward unabsorbed depreciation/business losses under section 10B of the Income Tax Act.
Back to News Review index page  

Jaswant rolls back fertiliser price hike
New Delhi: The increase in the price of fertilisers was on Tuesday withdrawn by Finance Minister Jaswant Singh.
Back to News Review index page