India’s retaliatory tariffs on 28 US products comes into effect

New Delhi: India has raised tariffs on 28 items exported from the US with effect from Sunday in retaliation to America’s withdrawal of preferential access for Indian products from 5 June. The final notification of tariffs issued by the finance ministry late on Saturday night, minutes before the tariffs came into force, does not include one item that was there in the earlier list, artemia, a type of shrimp. The commerce ministry had on Friday made public India’s intention to go ahead with imposition of duty on American products, a move…

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India’s coconut products export to cross ₹2,000 crore in FY19

A higher price realisation of activated carbon in the overseas market has pushed up India’s coconut product exports to cross the ₹2,000 crore mark in FY19. The country exported 80,467 tonnes of activated carbon valued at ₹1123.64 crore till January this year and the total exports in overall products stood at ₹1812.55 crore. The final figures are yet to be compiled, but it is set to touch the range of ₹2,100 crore up to March this year. Activated carbon fetched a price of ₹140/kg in FY 19 vis-a-vis ₹100/kg in FY18. The low price of coconut…

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The Bollywood factor in India’s election

“India will not fear terror,” we hear the flag-waving strongman say, as he leads followers and soldiers in the snowy terrain of Kashmir before they come under a hail of bullets from militants. “Terror will fear India.” The man portrayed is Prime Minister Narendra Modi and the scene is the most memorable of a two-and-a-half minute film trailer that has caused a political storm in the country ahead of the forthcoming election. The slick biopic, titled PM Narendra Modi, is due for release on 5 April, days before India’s weeks-long…

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From a maths teacher to India’s leading option seller: The inspiring journey of PR Sundar

From a person who managed to lay hands on his first pair of slippers w Edited excerpts from his interview with Moneycontrol, where he speaks about his journey and what it takes to be an option seller. Q: How did a math teacher end up trading options? A: After my post-graduation in mathematics from Chennai, I bagged a job as a maths teacher in a school in Gujarat as there were few jobs in south India then. Among the many good things that Gujarat has to offer, one is the interest…

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