Importers discovering gaps in India’s 12% metal safeguard obligation: JSW Metal’s Jayant Acharya

[ad_1] One of many workarounds is the misuse of the Advance Authorization Scheme, which permits duty-free imports of uncooked supplies for export-linked manufacturing. Importers get 18 months to export the completed product to forestall paying the safeguard obligation. Some non-automotive importers are utilizing this scheme to purchase cheaper metal from abroad and promote the completed … Read more

Avendus-Hurun U30 India: Mumbai leads among cities with featured millionaires, Anant Ambani on list

[ad_1] Avendus Wealth – Hurun India have released their U30 List for 2025, which recognises 79 young leaders in India, aged 30 and below, “who are redefining the future of Indian enterprise”, according to the report. The list curates two catgories of leaders — visonary first-generation founders valued at $25 million or more, and dynamic … Read more