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CBIC to launch Eligible Manufacturer-Importer scheme by March 1; how it could ease customs compliance

CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…

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Facing cost pressure, AC cos signal price hikes | India News

NEW DELHI: India’s room air-conditioner market is heading into the summer season under clear price pressure, even as companies remain bullish on long-term growth. Manufacturers including Blue Star have indicated further price hikes, driven by rising commodity costs, tighter energy-efficiency labelling norms that came into effect in Jan 2026 and current global headwinds. “The increase…

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‘My children unsafe at home’: Unnao rape victim’s plea ahead of SC hearing; seeks justice against Kuldeep Sengar | India News

A protester holds a placard during a demonstration against the suspension of the jail term of Kuldeep Sengar NEW DELHI: The survivor of the 2017 Unnao rape case on Sunday said that she fears for the safety of her children after the Delhi high court suspended the life sentence of expelled BJP leader Kuldeep Singh…

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After wedding cancelled, Smriti Mandhana’s brother shares important update on her next move | Cricket News

Smriti Mandhana with Palash Mucchal India’s vice-captain Smriti Mandhana has returned to cricket training following the announcement of her wedding cancellation with composer Palash Muchhal. She was seen practising at what appeared to be a private facility.Her brother Shravan Mandhana shared a photo on Instagram showing Smriti in full cricket gear, facing throwdowns. The image,…

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Gurindervir Singh wins 60m gold at National Indoor C’ships with new record | More sports News

Gurindervir Singh (PTI Photo/Gurinder Osan) NEW DELHI: The final day of the National Indoor Athletics Championships ended with high drama in the men’s 60m race, where Gurindervir Singh won gold and set a new national record. The race took an unexpected turn after favourite Animesh Kujur was disqualified, changing the outcome completely.Gurindervir, running his first…

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India begins human trials of new indigenous vaccine for forest fever | India News

NEW DELHI: India has moved a step closer to strengthening its defence against Kyasanur Forest Disease (KFD), a tick-borne viral infection that has long troubled forest-edge communities in the Western Ghats. The Indian council of medical research (ICMR) has initiated Phase I human clinical trials of a newly developed, fully indigenous vaccine after completing key…

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UAE stock markets close, trading halted by Abu Dhabi Securities Exchange and the Dubai Financial Market for two days amid Iran–US–Israel war fallout

UAE Stock Markets Closed: Regional Conflict Halts Trading on ADX and DFM In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), will remain closed on Monday, March 2 and Tuesday, March…

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