The focus of the FTA negotiations is on reducing the barriers to trade, cutting tariffs, and supporting easier imports and exports into each other's markets. According to official UK government data, India-UK bilateral trade currently stands at around GBP 24.3 billion a year and the aim is for that to be at least doubled by 2030.
The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the "cumulative tightening of monetary policy" it has enacted so far.
In value terms, the gold demand in Q3 this year went up by 19% at Rs 85,010 crore, as against Rs 71,630 crore in the comparable period last year. Total gold jewellery sold registered a 22% increase at Rs 64,860 crore in the July – September period of this year.
The move comes in run up to preparation for the Union Budget, likely to be presented on February 1, with every chance that finance minister Nirmala Sitharaman will announce its rollout next year. This could mean that you will have the option to use the new ITR form for filing returns for the current financial year.
In a post on the platform he now owns, Musk asserted that "Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit," declaring "Power to the people! Blue for $8/month." The price will be adjusted by country proportionate to purchasing power parity, he added.
The government on Tuesday cut the windfall tax on domestically produced crude oil while increasing the rate on export of diesel and jet fuel (ATF) in line with rise in international oil prices. The tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC), was cut to Rs 9,500 per tonne from Rs 11,000, beginning November 2, a government notification showed.
