City Councilman Mark Ridley-Thomas, shown in November, said Monday he is stepping aside from council duties as he fights federal bribery charges. Los Angeles City Councilman Mark Ridley-Thomas, who was indicted last week on federal charges, said Monday that he will “immediately step back” from participation in City Council meetings and committees but will not resign. In a letter to …
Ahead of the union budget, the gems and jewellery industry has reiterated its demand of lowering import duty on gold to 4 per cent. Government had increased the import duty from two per cent in January 2011 to 10 per cent by end of 2013 in different stages in order to curb the widening of current account deficit. Meanwhile, Gems …