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Legal Sector to witness tremendous growth

Source:   Press Trust of India

  

Chennai, Jul 13 (PTI) Notwithstanding Bar Council of India’s opposition to the opening up of legal services as per the GATT agreement, some experts in the sector say it would lead to a boom, similar to that in the IT industry.   
A tremendous growth could be witnessed in corporate legal sector and […]

US Court of International Trade allows India’s petition against customs bonds in the shrimp case

Source: Financial Express

India wins shrimp anti-dumping battle against US court ruling

India has won a significant battle in its fight against the anti-dumping duty on shrimp with the United States Court of International Trade (CIT). The win allows India’s petition against customs bonds, which it had challenged at the WTO level. India is expecting a […]

India under pressure to cut alcohol duties

India is considering slashing import duties on wine and spirits after the EU and the United States’s decision to file complaints before the World Trade Organization.
India has a lucrative alcohol market but the high duities keep the foreign companies from competing in the Indian market.
India’s basic import duties on wine and spirits - at 100 percent […]