India’s Strategic Move: Imposing a 20% Export Duty on Parboiled Rice
n 2022, India exported 7.4 million tons of parboiled rice, accounting for over 40% of the world’s rice exports. The recent duty is expected to reduce India’s rice shipments, potentially elevating global rice prices, which are already near their 12-year high.
Agricultural Milestone: India Announces Record Wheat MSP Increase for 2024-25
The MSP for wheat has been raised by ₹150, from ₹2,125 per quintal in the 2023-24 season to ₹2,275 per quintal for the 2024-25 season.
Breaking Barriers: Aditya Birla’s Inclusive ‘Activ One’ Covers Live-Ins and Chronic Conditions
For the first time, Aditya Birla Health Insurance is offering coverage for live-in partners, regardless of the sex of the partners.
Tragedy in the Auto Sector: The Untold Story of Indian Women Losing Fingers
This report, with a special focus on injuries faced by women workers, reveals a worrying trend in the Indian auto industry, a sector that contributes 7.1% to India’s GDP and employs about 3.7 million people.
Court Orders Ashneer Grover to Pay Rs 2 Lakh Over BharatPe Posts
The Delhi High Court directed Grover to pay a fine of Rs 2 lakh for his consistent posts against the company, highlighting a persistent violation of the court’s earlier orders.
India’s EV Policy: No Special Treatment for Tesla, Emphasizing Fair Competition
In 2021, Tesla, the U.S.-based electric car maker, requested the Indian government for a reduction in import duties on EVs. Tesla proposed standardizing the tariff on electric cars to 40% irrespective of their customs value.
Private Sector and Public Transport: A Game Changer for Namo Bharat RRTS
The involvement of the private sector in the operation and maintenance of the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) corridor, known as ‘Namo Bharat’, is a significant development in India’s public transport sector.
Navigating the Digital Marketplace: The Impact of ‘Vyapar Aapke Dwar’ on Indian Commerce
The Confederation of All India Traders (CAIT) in association with META (owner of Facebook, Instagram, and WhatsApp) launched the ‘Vyapar Aapke Dwar’ campaign.
GST Notice Shocks Banks: Maharashtra’s Move on FPI Custodial Services
Banks offering these custodial services to FPIs, which number over 11,000 in India, are potentially facing a significant tax burden. The financial impact could amount to a few hundred crores in taxes on the fees earned from these services, along with applicable penalties.
Secure Skies: PFRDA’s Regulatory Framework for Cloud Services
The assets under management of the National Pension System and Atal Pension Yojana have been growing steadily, indicating the expanding scope of these services. As of October 28, the assets under management reached ₹10.23 lakh crore, growing at a rate of 25% year-on-year.