The latest reminder of this urgency came last week with a US appeal for New Delhi to make the business environment easier and more transparent to navigate, or keep losing out on foreign direct investment. Cutting import duties ought to be high on the list, US Ambassador to India Eric Garcetti told the Indo-American Chamber of Commerce on Jan 30.
If you tax inputs, you are taxing your outputs, Garcetti noted. “You are not taxing us, you are not protecting the market. What you are doing is limiting a market.”
A day later, the Indian government reduced tariffs on a range of imported components including battery covers, lenses, antennae and mechanical parts to 10 percent from 15 percent. The timing might look like New Delhi was following orders, but it’s more likely a coincidence and even possible that Washington knew it was coming.
The US constantly pushes foreign leaders to open up their markets and to make life easier for international companies. It’s not alone. In July, Japanese Foreign Minister Yoshimasa Hayashi “requested cooperation to improve the investment environment” during a visit to India that included a meeting with Prime Minister Narendra Modi.
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ATISHI TAKES CHARGE AS DELHI'S CM, KEEPS ONE EMPTY CHAIR FOR KEJRIWAL
Atishi expressed confidence in Kejriwal's return as CM, criticizing BJP's attempts to tarnish his image through OW imprisonment.
2020 defamation case filed by BJP leader against Kejriwal, Atishi proceeds
The Rouse Avenue court on Monday listed the defamation case filed against Delhi CM Atishi Marlena, former CM Arvind Kejriwal and others for consideration of arguments on charge.
Gang of auto thieves involved in stealing of high-end vehicles busted
Delhi police have busted a gang of auto lifters which was involved in stealing of high end vehicles in the national capital, it said Monday.
Rau's IAS CEO, coordinator granted interim bail
Earlier, the Delhi High Court had asked the CBI to submit a status report addressing the primary causes of waterlogging in the area and the rainfall data from that day.
Attack on turban during clash at DU's Khalsa College, FIR filed
Two groups of students clashed at Delhi University's Khalsa College, during which a student's turban fell off.
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The court in the case observed that sale of the products by the two individual defendants by passing off their products as those emanating from \"Maharaja\" brand on Flipkart cannot be allowed. The court stated that, the feature of latching-on cannot be used to either sell counterfeit products, or to mislead the gullible public into purchasing products, as emanating from a particular source, when they do not so originate from the said source.
The Supreme Court in the case Suresh Khanderao Chavhanke vs.
The Tirumala Tirupati Devasthanam Trust And Other was hearing the petition filed in wake of controversy regarding the alleged use of adulterated ghee in preparing the laddus at the Tirumala Tirupati Temple.
Delhi Government To Supreme Court: Remission Pleas Stalled Due To Ex-CM Arvind Kejriwal's Incarceration Can Be Processed Now
Earlier, it has been informed by the Delhi Government to the Court that the processing of remission pleas had been stalled because the then CM Kejriwal was unable to sign the necessary files due to his incarceration.
Supreme Court Stays NGT Order Directing Punjab Government To Pay 1,026 Crores For Failure To Treat Sewage Waste
The Supreme Court in the case State of Punjab v.Union of India, UOI observed and has stayed the order of the National Green Tribunal, NGT, wherein the court directed the state of Punjab to pay 1,026 Crores to the Central Pollution Control Board as environment compensation for failure to manage legacy waste and untreated sewage.
Supreme Court Set Aside Order Dismissing FIR Quashing Petition As 'Infructuous' Due To Petitioner's Arrest
The Supreme Court in the case Vidhu Gupta v.State of UP observed and has criticized a decision of the Allahabad High Court, which declared a petition seeking the quashing of an FIR as 'infructuous' solely because the petitioner had been arrested.