Havana, Jan 24 : Cuba won the right to Havana Club brand in the US this week, boosting the chance for Cuba’s most famous brand to enter the North American market. The US Patent and Trademark Office (USPTO) granted the brand to Cuba export earlier in the week in a case that was contested by […]
Tag: economy
‘Indian elite like world’s rich must pay higher taxes’
By Vikas Datta Jaipur, Jan 23 : To strive towards ending income inequality, it is imperative the tax structure be reformed to raise the tax to GDP ratio, which would also entail the world’s rich agreeing to higher taxes, including in India, says renowned French economist Thomas Piketty. He also advised India not to depend […]
More than 900 kgs of gold mobilised under monetisation scheme
New Delhi, Jan 23 : The central government has mobilised more than 900 kgs of gold under its gold monetisation scheme, a senior official said on Saturday. “Gold Monetisation Scheme: More than 900 kgs gold mobilised so far. Scheme making steady progress. Expected to pick up in coming months,” Shaktikanta Das, secretary economic affairs, Finance […]
Indian equity markets slip on cheap oil
By Rohit Vaid Mumbai, Jan 23 : Receding crude oil prices, combined with bearish global cues and a plunge in the rupee value, dented the Indian equity markets during the just-concluded weekly trade. Selling frenzy by foreign investors, coupled with falling exports and dwindling global growth, led both the bellwether indices to close the week […]
Kerala’s snake boat pavilion wins award in Madrid
Thiruvananthapuram, Jan 23 : Kerala Tourism’s pavilion themed on the famous snake boat race has bagged an award in the destination category along with Mexico, Japan and Nepal at FITUR, the second largest travel and tourism fair in Spain. The Kerala pavilion won the best stand award for design, communication and professionalism at the 36th […]
Stop saying ‘no’ to every development project: Goa CM
Panaji, Jan 23 : Goa Chief Minister Laxmikant Parsekar on Saturday urged “certain civil society activists” to change their negative attitude towards development and infrastructure related projects. “People should stop saying ‘no’ to everything,” Parsekar said at a meeting of stakeholders of the feni industry, a day after activists and residents of Betul village, in […]