India has extended the timeline for duty-free imports of yellow peas by two more months until June 2024, an official notification from the Directorate General of Foreign Trade said on Friday. In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April. It was part […]
India has extended the timeline for duty-free imports of yellow peas by a month through April, 2024, an official gazette notification said. In early December, the central government allowed duty-free imports of yellow peas until March 2024. It was part of New Delhi’s intervention to cool the prices of the overall pulse basket. Reportedly, the […]
Honda Motor is considering building an electric vehicle plant in Canada in a near USD 13.83 billion project that could include in-house production of batteries, Japan’s Nikkei news group reported on Sunday. The project could be one of Honda’s largest investments, the report said. Honda declined to comment on the report, saying there was nothing […]
Shiprocket, an ecommerce enablement platform has revealed comprehensive consumer and industry insights showcasing the ecommerce trends in 2023. Shiprocket’s analysis revealed that Personal Care emerged as the highest-selling category in 2023, closely followed by Apparel, footwear and Accessories. Together, these categories collectively accounted for a substantial 63 per cent of sales. According to the data, […]
Amazon is targeting merchandise exports worth USD 20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday. “We are very encouraged by the number of entrepreneurs who signed up this year. We are looking to scale up,” Bhupen Wakankar, director of global trade, […]
The talks between India and Canada for a free trade agreement are on a pause as the latter stopped discussions due to some misconceptions, Union Minister Piyush Goyal said in one of the leadership summits organised by a leading media company. “There are some misconceptions among some Canadian politicians, which are baseless,” said Goyal at […]
India is not planning to impose any measures to curb imports or investments from Canada, despite simmering diplomatic tensions between the two countries, two senior government sources in New Delhi said. Ties between New Delhi and Ottawa deteriorated sharply after Prime Minister Justin Trudeau said in September his intelligence agencies were pursuing credible allegations tying […]
McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]
The Burger Company (TBC), a burger brand, announced its foray into the vibrant culinary landscape of Nepal with a master franchise agreement. Founder Neelam Singh expressed her enthusiasm regarding the expansion into Nepal, aiming to introduce the affordable casual dining experience in a unique Quick Service Restaurant (QSR) format, laden with rich and diverse Indianized […]
Canada has moved to prohibit animal testing for cosmetics, joining a number of other countries and American states in doing so, CNN reported. The decision was revealed by the Canadian government in a news release on Tuesday this week. According to the news release, Bill C-47 changes the Food and Drugs Act to prohibit both […]
