Tesla Said to Put India Entry Plan on Hold After Deadlock on Tariffs

Tesla has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters. The decision caps more than a year of deadlocked talks with government representatives as Tesla […]

Australia Will Sign A Trade Deal With India On Sunday To Eliminate Tariffs

Australia and India to sign trade deal on Saturday – Australia SYDNEY: Australia will sign a trade agreement with India on Saturday that will eliminate tariffs on 85 per cent of Australian goods entering India, helping farmers and miners to diversify export markets, Prime Minister Scott Morrison said. The Australia-India Economic Cooperation and Trade Agreement […]

Microsoft Reduces Xbox Game Pass Tariffs in India: See New Prices

Microsoft India has announced that it will revise the prices for Xbox Game Pass, PC Game Pass, Xbox Live Gold, and Xbox Game Pass Ultimate subscriptions. Microsoft has dropped the tariffs of its Xbox subscriptions by roughly 28 percent. In an email to Gadgets 360, the American tech giant said the price drop is according […]

Citing Unfair Subsidies, European Union Hikes Tariffs On India, Indonesia Steel Makers: Report

EU hikes tariffs on India, Indonesia stainless steel makers BRUSSELS: The European Union has determined that imports of cold-rolled flat stainless steel products from India and Indonesia benefit from unfair subsidies and imposed tariffs, on top of those already in place, to avert dumping. The European Commission, which conducted the investigation, has set the anti-subsidy […]

TRAI Orders Telcos to Not Introduce Differential Tariffs via MNP Offers

Telecom Regulatory Authority of India (TRAI) has issued a new order asking telecom operators to stop offering differential tariffs via mobile number portability (MNP) offers. This is apparently done to “induce churn from the competitors’ network” and TRAI says that it has received complaints from many telecom service providers (TSPs) against each other. Telcos allege […]

US Sets and Suspends 25 Percent Tariffs on Six Countries Over Digital Taxes

The United States on Wednesday announced 25 percent tariffs on over $2 billion (roughly Rs. 14,625.51 crores) worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue. The US Trade Representative’s (USTR) office said it had approved the threatened tariffs on […]

US Tariffs Over Digital Tax On Facebook, Google Likely To Hit India: Report

The U.S. will soon issue the results of probes into Austria, Italy and India’s decisions to tax local revenue of Internet companies such as Facebook Inc., which could pave the way for retaliatory tariffs, people familiar with the situation said. Determinations on the three countries are due because all of them have instituted so-called digital […]

Supreme Court Orders Telcos to Disclose Details of Special Tariffs to TRAI

In a significant direction, the Supreme Court Friday ordered telecom companies to disclose to regulator TRAI the details of special tariffs and offers made to consumers. Allowing an interim application of Telecom Regulatory Authority of India (TRAI), a bench of Chief Justice S A Bobde and Jusitces A S Bopanna and V Ramasubramanian said that […]

Airtel Posts Highest-Ever Quarterly Revenue on Higher Tariffs, Data Usage

Indian telecom operator Bharti Airtel reported its highest ever quarterly consolidated revenue on Tuesday, driven by higher tariffs and a rise in data usage from a coronavirus-fuelled shift to remote working. Indian telecom operators, grappling with low tariffs due to a price war that ensued after Mukesh Ambani’s Reliance Jio entered the space, hiked prices […]

TRAI Asked by Bombay High Court If It Can Put Off New TV Tariffs

The Bombay High Court on Wednesday asked the Telecom Regulatory Authority of India (TRAI) if it can defer the implementation of its 2020 tariff order as the court is hearing pleas filed by producers, broadcasters and cable operators against the new regulations. A division bench of Justices Amjad Sayyed and Anuja Prabhudessai noted that the […]

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