The bigger strategic shift lies in the agreement’s architecture. (AI image) By Agneshwar Sen, Trade Policy Leader, EY IndiaTrade agreements are usually sold through arithmetic: how many tariff lines fall, how much trade may rise, which sector wins and which sector complains. The India-UK Comprehensive Economic and Trade Agreement (CETA), along with the Double Contribution…
NEW DELHI: The use of new technology is helping the Employees’ Provident Fund Organisation (EPFO) settle claims faster apart from clearing backlog and depositing interest income into subscriber accounts quickly.The latest version of Centralised IT Enabled Services (CITES), which went live July 3, as well as the revamped rules, have resulted in auto-processing of 83%…
NEW DELHI: More than two-third people in India are now covered under at least one social security benefit – roughly translating into 100 crore people – International Labour Organisation (ILO) director general Gilbert F Houngbo said Wednesday.“According to ILO running estimates, India’s social protection system now reaches 100 crore people. This milestone offers lessons that…
At the global level, Russian crude has served as a stabilising factor for the oil market. (Representative image) Is India facing 100% tariffs from the US for its Russian oil imports? A bipartisan group of US senators on Tuesday introduced a revised bill proposing 100% tariffs on five countries, including India and China, for continuing…
India is set to get its first Hydrogen Fuel Cell Train on Friday. Prime Minister Narendra Modi is set to flag off the train on the Jind–Sonipat section in Haryana, marking a new chapter in the country’s transition towards cleaner transport. India’s first Hydrogen Fuel Cell Trainset is designed to generate its own electricity onboard…
NEW DELHI: British car majors, including JLR and McLaren, have announced steep reductions in prices as the India-UK Comprehensive Economic and Trade Agreement (CETA) kicked on Wednesday. But your bottle of Scotch and Gin, as well as blended India-made whisky, will take time to get cheaper, with the filing and clearances from state excise departments…
NEW DELHI: India’s refurbished smartphones and laptops market is set to significantly outperform the market for new devices this year as soaring memory costs push up prices and drive more consumers towards certified pre-owned alternatives. The trend is also prompting leading brands to strengthen their official refurbished programmes, signalling that the secondary market is becoming…
NEW DELHI: India’s passenger vehicle market clocked its strongest-ever first quarter in April-June, with domestic sales rising 25.9% year-on-year to a record 12.7 lakh units, driven by strong demand for SUVs, lower financing costs and fresh model launches.The record quarter also reshaped pecking order among automakers, with Tata Motors reclaiming the country’s No. 2 position…
Former Reserve Bank of India (RBI) governor Raghuram Rajan is set to play a role in shaping the future of US monetary policymaking after being appointed by the Federal Reserve to a high-level task force reviewing its policy framework. The appointment is part of five expert panels unveiled by newly appointed Federal reserve chairman Kevin…
Stock market today: Nifty seen opening steady as Fed rate-cut hopes, DII buying support sentiment Indian equity markets are expected to open on a steady note on Wednesday, with Gift Nifty trading around 24,085, up 43 points, indicating a mildly positive start for benchmark indices. While global market cues remain mixed, investors will continue to…
