This Blog helps in disseminating FREE information related to Stock/Share Markets (domestic and overseas), Finance/Investments & Current Affairs. The content of this blog is for information purpose only - not recommendations, to Buy or Sell Securities.
The data used here, is derived from the sources, deemed to be reliable, but their accuracy and completeness is not guaranteed. The author is not responsible for any loss in investments made, based on the inputs provided here - 28th May, 2006.
Discrimination faced by Mumbaikars...
If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.
Wednesday, February 04, 2015
India to ask US to remove 'wrongful' duties on HR steel exports
Tuesday, 03 Feb 2015: The Hindu Business Line reported that following the World Trade Organisation’s ruling against penal duties imposed by the US on hot rolled steel from Indian companies, New Delhi is compiling data on similar levies on other products in order to convince the US scrap them as well.
An official in the Commerce Ministry said that these items include lined paper products, PET film, commodity matchboxes, certain chemicals and at least 5 other steel products.
The Centre is also looking at how the US will implement the WTO ruling that held that CVD (countervailing duties) - levies to counter subsidised exports of a particular item - imposed by the US on hot rolled steel from India flouted global trade rules.
Proper implementation of the verdict would result in companies such as Essar, Jindal Steel and TATA Steel to resume their steel exports to the US. Indian steel companies had to almost stop all exports of hot rolled steel items to the US over the last few years as CVD ranging from 76% to 577% made their products highly uncompetitive.
Giving its verdict on a case filed by India against the US’ imposition of CVD or anti-subsidy duties on its hot-rolled steel products in December last year, the WTO upheld that the US practice of ‘cumulation’ or addition of subsidised and dumped imports while calculating the injury suffered by its industry due to subsidised imports was faulty.