Traders Body CAIT Calls For Boycott Of Chinese Products, 500% Duty Hike

Calling China a probable enemy, the Confederation Of All India Traders has given a call to boycott Chinese products and sought custom duties of up to 500% on these goods. This development comes after China supported Pakistan at the United Nations Security Council on the abrogation of Article 370 in India related to the special status for the erstwhile state of Jammu and Kashmir. The body said that China has placed itself on the probable enemies for security of the country list by supporting Pakistan’s claim. The call has been given to…

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Interaction with Harold Furchtgott-Roth, Center for Economics of the Internet, Hudson Institute

Harold Furchtgott-Roth founded Furchtgott-Roth Economic Enterprises in 2003. He frequently comments on issues related to the communications sector of the economy. From 2001-2003, Mr. Furchtgott-Roth was a visiting fellow at the American Enterprise Institute where he completed the writing of A Tough Act to Follow, a book about the difficulties implementing the Telecommunications Act of 1996. From 1997 through 2001, Mr Furchtgott-Roth served as a commissioner of the Federal Communications Commission. In that capacity, he served on the Joint Board on Universal Service. He is one of the few economists…

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Senior citizens with ailments can look at products of different companies

I am a 30-year old working professional. My mother is 58 and father is 65. I had been trying to get a joint health cover for them. However, due to overweight, 2 to 3 insurers rejected a cover for my mother. She also suffers from diabetes. For her, I am ready to pay an extra premium, if required. Please guide. – Rajesh Chaturvedi Insurance companies follow specific underwriting guidelines to decide whether to offer the policy and the terms on which the offer is made. These guidelines are as per the…

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Dr Reddy’s completes sale of US rights for 2 neurology products

Drug major Dr Reddy’s Laboratories on July 20 said it has completed sale of its US and select territory rights for two neurology products to Upsher-Smith Laboratories. The company has closed the transaction with Upsher-Smith Laboratories LLC, “pursuant to the satisfactory completion of all customary closing conditions including the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended,” Dr Reddy’s Laboratories said in a filing to BSE. Under the agreement, Dr Reddy’s sold its US and select territory rights for Zembrace Symtouch (sumatriptan injection)…

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Martin Feldstein was a pillar of American economics

For a half-century Martin Feldstein was everywhere you looked in American economics. He was an astoundingly prolific columnist, sometimes churning out several a week, for several newspapers, on the big economic stories of the day. He was a fixture at conferences and seminars and the teacher, for two decades, of Harvard University’s introductory economics course. He served presidents of both parties. In short Mr Feldstein, who died on June 11th aged 79, was an American economic institution. Born in New York City, he spent most of his life in Cambridge, Massachusetts,…

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Top 5 Cars News Of The Week: Hyundai Venue Mild-hybrid, Kia SP2i Sans Camo, Skoda Karoq India Launch And More

This week’s news was mainly dominated by SUVs. Hyundai is considering a mild-hybrid variant for the Venue, while the Kia SP2i was spotted sans camo outside India. Talking about spy shots, the XUV300 Diesel AMT was also spotted this week and Skoda has confirmed that its midsize SUV Karoq will make its way here. Last but not the least, Volkswagen launched another special edition for the Polo, Ameo and Vento this week. Hyundai Considering Mild-hybrid Tech For Venue Turbo: Korean giant Hyundai is claiming that the Venue turbo’s fuel efficiency…

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Scott Hiett: The Next Generation Of Computer Science

Scott Hiett is one to watch. I spoke to the 15-year-old Marling School student soon after his victory at Finastra’s FusionONE Hackathon, beating other developers double (or even triple) his age with his team’s winning product HYBER, an AI-based foreign exchange app that allows users to grow holiday money ahead of their trip. When Hiett was seven, he bought himself a ‘Teach Yourself Visual Basic’ book with a gift voucher he got for his birthday and “read it backwards, forwards, upside down, left to right, and spent a lot of…

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China tariffs list includes 194 pages of products as trade war escalates

The Trump administration and the Chinese government are engaged in an escalating tit-for-tat tariff war, and consumers are getting stuck in the middle. China said Monday that it is raising tariffs on $60 billion of U.S. goodsin retaliation for Trump doubling duties on $200 billion of Chinese imports. This despite Trump’s tweeted warning that “China should not retaliate-will only get worse!” According to the AP, China’s Finance Ministry said the penalties will be tacked on to 5% to 25% on hundreds of U.S. products, including batteries, spinach, tea, and coffee. This new round of tariffs will take…

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