Govt allows foreign diplomats to sell imported vehicles to any person

The Government allowed foreign diplomats to sell their imported vehicles to any person and not necessarily to fellow diplomats. A notification of Directorate General of Foreign Trade (DGFT) said that the sale of vehicles imported by foreign diplomats and other privileged person is now permitted to other persons also. Prior to this notification, a diplomat […]

Govt agencies to begin procurement of wheat in Punjab

In Punjab, all government agencies will start purchasing wheat from today. 1,738 wheat purchase centers have been set up in the state. All arrangements have been made to ensure that the farmers get their payment within 48 hours of purchase.

Cabinet approves creation of 7 Ombudsmen to address indirect tax payers grievances

Government approved creation of seven posts of Indirect Tax Ombudsmen across the country to address complaints and grievances of indirect tax payers, Briefing reporters after a cabinet meeting, the Information and Broadcasting Minister Mrs Ambika Soni said, the Ombudsmen offices will be set up at Delhi, Mumbai, Chennai, Kolkata, Bangalore, Ahmedabad and Lucknow. To encourage […]

ICEX : DAILY MARKET UPDATE

Analysts Differ on Whether Syrian President to Remain in Power

Syrian President Bashar al- Assad ordered on Thursday to form a commission to study ending the country’s long-time emergency law, in a bid to appease the country ‘s protesters. The decision came one day after the president addressed the people in a televised speech, during which he said the unrest in the country is a […]

Obama Authorizes Secret Support for Libya Rebels

U.S. President Barack Obama has signed a secret order authorizing the Central Intelligence Agency to conduct covert operations to help rebels in Libya, media reports said on Wednesday. Obama signed the order, known as the presidential “finding”, within the last two or three weeks, reported Reuters, quoting government sources. But so far, there is no […]

Taufel, Aleem to umpire India-Sri Lanka World Cup final

Australian Simon Taufel, a winner of five consecutive ICC Umpire of the Year awards, and Pakistan’s Aleem Dar were on Thursday appointed as the on-field officials for the World Cup finals between India and Sri Lanka on Saturday. New Zealand’s Jeff Crowe has been named the match referee with England’s Ian Gould and Steve Davis […]