Post Trudeau's visit, Trump declares NAFTA will only be tweaked
The Dollar Business Bureau Canadian Prime Minister Justin Trudeau, on February 13, 2017, for the first time, visited Washington to meet the newly elected President of USA, Donald Trump. During a press conference post their meet at the White House, the two leaders affirmed their intent to continue the historically close alliance and strengthen trade as well as border security in the North American continent. Evading much deliberation on huge underlying ideological differences concerning immigration, intake of refugees and cross-border trade, both the leaders chose to focus on the special bond that Canada and US have shared for long years in defence, counter-terrorism and trade. "Thirty five US states, list Canada as their largest export market and our economies benefit from over $2 billion in two-way ...
Customs duty exemption withdrawn on imported, life-saving drugs. What next?
Will the withdrawl of customs tariff exemption result in increase in prices of 76 life-saving drugs? While the government says there are cheaper domestic drugs available, many social groups foresee a high double-digit percentage rise in cost of drugs owing to lack of supply from Indian manufacturers. The debate is on... Source: PTI; The Dollar Business Bureau A notification issued by Central Board of Excise and Customs last week had withdrawn the customs duty exemption on the import of 76 drugs Defending the move to end the customs duty exemption for import of 76 life-saving drugs including those for treating cancer, AIDS and haemophilia, government has said Indian manufacturers are already selling most of these drugs at cheaper prices. It also claimed there ...
Railways to export 120 LHB coaches to Bangladesh
The manufacturing of stainless steel LHB broad gauge coaches for Bangladesh Railways is in progress at the Rail Coach Factory in Kapurthala Source: PTI Earlier, RCF Kapurthala has exported coaches to South East Asian and African countries which have Metre Gauge rail networks Railways will export 120 modern LHB coaches to Bangladesh at an estimated cost of Rs.367 crore, with the first consignment of 40 set to be dispatched in March. This is the biggest-ever consignment of Linke Hofmann Busch (LHB) coaches to be exported by the Railways, said a senior Railway Ministry official. The export order of 120 LHB coaches include 17 AC first class, 17 AC chair car, 34 non-AC chair car with pantry, 33 Non-AC chair car with prayer room and ...
We Are Adding Newer Markets To Our Portfolio
Aadhira Anandh M. | November 2015 Issue | The Dollar Business TDB: You joined Akar Tools as Financial Controller in 1994. How has the journey been so far? Sunil Todi (ST): I joined the company as a financial advisor in 1994, and since then the journey has not been very easy. I started taking up responsibilities as and when required by the company in all aspects. The areas under my leadership included business, marketing, production and administration. Getting the company to the position it is in today has been a very challenging task. TDB: You have been exporting highend, precision-engineered hand tools to Europe, US, Japan, Australia and other markets for years now. How different is the overseas market from the Indian market? ST: Marketing and ...
