The Indian government on Monday decided to export non-basmati white rice to Mauritius through National Cooperative Exports Ltd., according to a notification by the Director General of Foreign Trade.
The authorities have permitted export of 14,000 million tonnes of non-basmati white rice to Mauritius, the notification said.
Tesla Chief Executive Officer Elon Musk is expected to visit India between April 20 and 22, according to people with knowledge of the matter. Musk is expected to meet several dignitaries, including Prime Minister Narendra Modi. According to the details of the planned visit, Musk would also meet other government officials, including Union Minister of Commerce and Industry Piyush Goyal, the people said.
Nifty ended lower on Friday dimming hopes of an earlier rate cut in the U.S. A dip below the key 22,300 support level will fuel further selling, according to Vaishali Parekh.
"Once we saw Nifty breaking 22,600 level, we advised our clients to exit as we are looking at a downside of 22,300, which is a prominent support level. If it breaks, we may see further selling," Parekh, vice president, technical research at Prabhudas Lilladher Pvt., told NDTV Profit.
The Indian Income Tax Department issued a clarification on the India-Mauritius DTAA Amendment Applicability on Friday. It said that the protocol is yet to be ratified and notified under the section 90 of the Income-tax Act.
Delhi Chief Minister Arvind Kejriwal approached the Supreme Court on Wednesday for bail in the money-laundering case related to the excise policy, an NDTV report said. The Aam Aadmi Party convener was denied bail a day before by the Delhi High Court. The petition was sent via mail on Tuesday night itself, the report quoted AAP as saying.
Kejriwal was detained by the Enforcement Directorate on March 21, in connection with the alleged liquor policy scam.