Snapdeal launches Miniso products on its platform

BENGALURU: Online marketplace Snapdeal said on Monday it has launched over 150 products of Japanese low-cost brand Miniso on its platform. The products will be spread across categories like beauty, baby care, home furnishing, stationery, mobile accessories, and decor. Popular products include towels, brushes, concealers, power banks, and storage boxes, the company said in a press statement. Miniso products have been priced in the ₹190 to ₹790 range on Snapdeal. With the new partnership with the Japanese retailer, Snapdeal has expanded the selection of value priced international brands available on its portal. Miniso buyers on…

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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 imposes higher customs duty on 28 US products

The increased customs duties will come into effect from Sunday India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium. The increased customs duties will come into effect from Sunday, an official notification said. The move will hurt American exporters of these 28 items as they will have to pay higher duties, making those items costlier in the Indian market. Amending its June 30,…

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Centre may consider tax cuts for products in highest GST slab

More items may be knocked off the highest GST slab in an attempt to boost demand, as per a reportin The Economic Times. The economic slowdown has most states in favour of a tax reduction. Worried about the demand slump and unemployment, they communicated these concerns to the Centre as well, it said. The Indian economy slipped to a five-year low of 6.8 percent in FY19, with January seeing the lowest numbers at 5.8 percent. The GST Council, under new Finance Minister Nirmala Sitharaman, may meet ahead of the Budget presentation on July…

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IL&FS probe: Not just connivance, auditors also pitched products to top-brass

Auditors of debt-laden IL&FS not only connived with the top management in their fraudulent activities, but also sought to sell them certain products and services, according to findings of the SFIO probe that show large-scale violations in their auditing activities. The Serious Fraud Investigation Office (SFIO) probe into IL&FS group firm — IL&FS Financial Services Ltd (IFIN) — has revealed serious lapses at the level of auditors, auditing committee and the then top brass of the group. While the government has appointed a new board at IL&FS as part of…

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Bitter Apricot Seed Products Recalled Due to Concerns Over Cyanide Poisoning

A recall warning has been issued for bitter raw apricot seeds and apricot seed meal from the brand Apricot Power due to concerns over cyanide poisoning. Ecoideas Innovations Inc., a Canadian natural health product retailer, issued the recall on June 1 because their Apricot Power brand of Bitter Raw Apricot Seeds and Apricot Seed Meal contain a natural toxin called amygdalin. The toxin, which is found in bitter apricot kernels, may cause cyanide poisoning if consumed in large enough quantities. The recall warning, issued by the Canadian Food Inspection Agency (CFIA), says…

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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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Memorial Day sales on products that will make your life easier every day

What’s better than the long weekend? We can only think of one answer: DEALS. We’ve specially curated items from the Mashable Shop that are on sale and will make your day-to-day life easier. Here they are: A power dock with Qi wireless charging capability that can fuel four different devices simultaneously. This four-in-one fast charging dock lets you juice up smartwatches, smartphones, wireless headsets, or an Apple Pencil all at once. It’s extremely compact and portable, and has anti-skid rubber stands built-in underneath to prevent potential slippage. Regularly $149.99, you can get it today…

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