The government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments from China.
"Import of parts of pocket lighters, gas fuelled, non-refillable or refillable lighters (cigarette lighters)... is restricted with immediate effect," the directorate general of foreign trade (DGFT) said in a notification.
Imports of cigarette lighters, priced less than Rs 20, are already prohibited. The import ban is also there on pocket lighters, gas-fuelled, non-refillable or refillable.
Last year, the government also issued mandatory quality standard norms for flame-producing lighters with a view to contain import of sub-standard goods and boost domestic manufacturing.
Items under the quality control orders (QCO), cannot be produced, sold/traded, imported and stocked unless they bear the BIS (Bureau of Indian Standards) mark.
During April-July this fiscal, import of lig

In one rare situation, there is a case for some protectionism against imports from China

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The Motilal Oswal Digital India Fund is an open-ended equity scheme targeting sectors such as technology, telecom, media, entertainment, and related industries

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Mutual funds (MFs) are gearing up with offerings centered on the ‘quality' theme, as this investment approach is expected to rebound following three years of underperformance compared to the ‘value' theme.

Nasa's Jet Propulsion Laboratory is closely monitoring the two asteroids expected to fly by earth today, reportedly from a safe distance. The space agency said the objects pose no danger to earth

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Junior doctors in West Bengal continued their indefinite hunger strike for the sixth consecutive day, drawing support from several senior doctors across the country and prompting the Indian Medical Association (IMA) to urge Chief Minister Mamata Banerjee to intervene before the situation escalates.
The ongoing agitation has also led the Federation of All India Medical Association (FAIMA) to warn that it would declare a nationwide "complete shutdown of medical services" if any "any harm befalls brave junior doctors".
The agitating doctors are demanding justice for their murdered colleague at RG Kar Medical College and Hospital, along with a safer working environment and other important issues.
On Friday, IMA national president RV Asokan met the fasting junior doctors to hear their concerns.
After visiting another junior medic admitted to RG Kar hospital, he expressed his admiration for the protesters, stating, "I am touched by the way these children are fighting for the cause of the

hunger strike, Kolkata Hunger Strike, Doctor Protest, Protest

Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved issuance of bonus shares.
The board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every one fully paid-up equity share, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing.
The bonus shares will be issued from the company's available reserves as of March 31, 2024, it added.
"This move highlights EaseMyTrip's commitment to rewarding shareholders, following two successful bonus issuances in 2022," the company said.
EaseMyTrip CEO and Co-Founder Nishant Pitti said, "This bonus issuance reflects our gratitude to shareholders and underscores our confidence in the company's strong financial health. As we expand, it's important to continue sharing our success with those who have supported us throughout."
The total number of shares to be issued are 177.2 crore at a face value of Re 1 each. The

EaseMyTrip

A member of Lawrence Bishnoi gang, Shubbu alias Shubham Lonkar has reportedly admitted to having orchestrated Siddique's murder due to his close association with Bollywood actor Salman Khan

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The weather department has issued a warning for heavy to very heavy rainfall in Tamil Nadu. CM Stalin has advised professionals to do work from home and closed schools, and colleges for tomorrow

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The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio

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Govt imposes import curbs on parts of pocket lighters with immediate effect

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