In a case under the Foreign Trade Act, 1992, the Bombay High Court held that the authority processing applications for duty credit scrip entitlement must be considered an 'adjudicating authority', whose decisions are subject to appeal, for the limited purpose of Section 15 read with Section 9 of the Act. “Therefore, when Section 9 deals with issuance of MEIS scrip …
You call this populism? On Wednesday, hedge fund billionaire KEN GRIFFIN called Trump’s tariff threats “small ball” compared to other geopolitical concerns — a line that’d be unthinkable if Lighthizer was set to run Treasury. One such contract, obtained by POLITICO, outlined that the influencer would post during “peak posting times,” that “content must appear genuine,” and it could not …
BRUSSELS — The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. The EU announced on Wednesday that Bjoern Seibert, the head of cabinet to European Commission President Ursula von der …
As at the end of 2020,China recorded 15.665 trillion yuan in outstanding external debt denominated in both domestic and foreign currencies. In terms of maturity structure, the outstanding medium-and long-term external debt was 7075.8 billion yuan, accounting for 45 percent; while the outstanding short-term external debt was 8589.2 billion yuan, taking up 55 percent, including 39 percent trade-related credit. In …
As part of development tactics, India has always encouraged all kinds of capital inflow. Also, the new ECB Framework further widens the scope of the term "Eligible Borrower" by adding all such entities who are eligible to take FDIs as Eligible Borrowers of ECBs. Individual Limits: The new ECB Framework has defined a proper borrowing limits based on the sectors …