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Pakistan formally suspends trade with India

Saturday, August 10, 2019, 8:45 PM

Pakistan has formally suspended its trade relations with India, in retaliation against New Delhi's decision to revoke Article-370 that gave special status to Jammu and Kashmir, the media reported. The federal cabinet headed by Prime Minister Imran Khan endorsed the decisions taken by the National Security Committee and the joint session of parliament, which include suspension of trade ties with India, reports Dawn news.
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DHL warns of poor infra at city airport impeding faster economic growth

Monday, August 5, 2019, 8:17 AM

Global-logistics major DHL Express is concerned about lack-of-adequate infrastructure at the city-airport, warning this may be detrimental to the country's $5-trillion growth aspiration as well. The company said there is only a single slot for all air-freight-operators and there is no-scope for expansion at the nations second-largest-airport. If India says it will be from $5-trillion economy by 2025, trade will have to grow manifold.
 
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High import duties keeping Tesla off Indian roads: Musk

Saturday, August 3, 2019, 6:09 PM

Tesla CEO Elon Musk, responding to a Twitter user about the launch of the automaker's cars in India, said, "I'm told import duties are extremely high (up to 100%), even for electric cars." "This would make our cars unaffordable," he added. Musk had earlier told IIT Madras students that Tesla cars may come to India in 2020.

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