From the newspaper today
Trade deficit widened, export rose to 45% to 33bn $ in Aug. Merchandise imports, scale up. Grew 51.47% year on year to 47bn $ ,18% higher than August 2019 figure. Trade deficit widened 69.15% year on year to touch 13.87$bn ,but was 0.07% higher than pee covid level of 2019. In Aug 2020 gold imports 3.7$bn 88.22% jump 6.7bn$ in Aug 2021. 88% rise in merchandise trade deficit.
The Soaring oil prices,they are likely to be softned by December. The international commodity shows a declining trend. With the domestic oilseeds crops comming in. It was due to excessive China buying of these, and Bio fuel policies, diverting edible oils for it. India imports 60% of edible oil, leaving it vulnerable to the trends. Import duties were made from 15% to 10% end Sept.
South Korea may lead to set the framework for laying laws for App Store control.
12% taxes on flavoured milk, not on lassi or flavoured lassi Lassi is flavoured via water and spices out from GST. AAR authority for advanced ruling on Amul owned by Britannia and Gujrati cooperative milk marketing federation.
The textbook market to 1bn $ saw a 10-30% decline on college books 25-30 for school. Lot of the publishing groups came up with apps.
2011 census Tamil Nadu has tribal population of 7.21 Lakh of which some 5.5 Lakh are nomadic. One of them Narikuravars make a living by selling trinkets. The whole group finds appaling to survive .TENT The empowerment centre of nomads and tribes, and NGO look after them.