Sunday, September 06
Indian trade think tank Global Trade Research Initiative (GTRI) has urged Washington to swiftly roll back the additional 25 percent additional tariff imposed on Indian goods under the “Russian oil” category, arguing that the surcharge has lost any remaining justification after India sharply cut its crude imports from Moscow.Calling the duty an unfair surcharge, the think tank said the tariff, originally levied as a penalty for India’s earlier purchases of Russian oil, no longer reflects current trade realities. The appeal comes just days after US President Donald Trump publicly acknowledged that India has “very substantially” stopped buying Russian oil.On November 11, Trump also confirmed that the duty had been imposed solely because of India’s earlier Russian crude imports, as
Al Falah University founder Jawed Ahmed Siddiqui, at the centre of a major investigation linked to the recent Delhi blast, was sent to Enforcement Directorate custody for 13 days by a Delhi court on November 19.Siddiqui who was picked up by the police a day earlier under a terror-linked money laundering case. He was susequently produced before Additional Sessions Judge Sheetal Chaudhary Pradhan at her residence around midnight.After considering all aspects, the judge granted ED custody of Siddiqui.In making the case, the ED cited Al-Falah University's allegedly false claime of UGC recognition, as well as its alleged misrepresentation of NAAC (National Assessment and Accreditation Council) accreditation status.NAAC, it may be mentioned here, is an autonomous body under the UGC. It assesses
