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India is considering restricting imports of refrigerators to promote local manufacturing, two industry sources told Reuters on Thursday, potentially freezing out shipments from Samsung Electronics Co and LG Electronics Inc in the $5 billion market.
The sources, who declined to be named as the talks were private, said the government was considering mandating that importers seek a licence from the authorities, replacing the existing free-import regime.
That could be followed by a ban on imports of refrigerators with refrigerant already added, to create opportunities for value-added operations in India, said one of the sources, who has direct knowledge of the government's discussions.
2:32 PM
The Supreme Court on Thursday reserved its order on a batch of petitions seeking a special stray round of counselling to fill the 1,456 seats in NEET-PG-21 which have remained vacant after the conduct of a stray round of counselling for All India Quota.
A bench of Justices M R Shah and Aniruddha Bose said it would pronounce its order on Friday after the counsel for the parties completed their arguments.
Additional Solicitor General Balbir Singh, appearing for the Centre, submitted that classes have already started in February and now holding classes for another six to eight months is not feasible.
He said the NEET 2022 teaching will also be compromised if further rounds of counselling are conducted.
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The startling revelation by the key accused in the gold smuggling case Swapna Suresh against Chief Minister Pinarayi Vijayan and his family continued to keep the political pot boiling in Kerala on Thursday as opposition party activists clashed with police across the state even as the Congress continued to demand the resignation of the CM alleging that he was trying to escape the probe through "blatant abuse of power misusing police."
The workers of the Youth Congress and Yuva Morcha, the youth outfits of the Congress and the BJP respectively, took out marches to the district collectorates in Kozhikode and Kottayam.
Police used water cannons to disperse the agitated activists, who tried to break the barricade raising slogans and holding placards and banners, in Thrissur, Malappuram, Kozhikode, Kottayam and Thiruvananthapuram.
2:02 PM
Sounding a note of caution, Chief Economic Adviser V Anantha Nageswaran said on Thursday that the crypto currencies have yet to pass the test to become fiat currency and at the same time it would be difficult to regulate them.
He further said that unlike fiat money, crypto currencies cannot satisfy basic requirements such as having store value, widespread acceptability and unit of account.
Referring to decentralised finance (DeFI), he said: "In my opinion, while it is considered innovation, I would reserve my judgement whether it is truly innovative or truly disruptive in a positive sense or is it something that we will come to regret."
1:57 PM
The monsoon is progressing normally and will likely reach Maharashtra in the next two days, the India Meteorological Department said on Thursday.
Senior IMD scientist R K Jenamani said the monsoon covered south and central Arabian Sea, entire Kerala, parts of Karnataka and Tamil Nadu between May 31 and June 7.
In the meantime, it covered the entire northeast India, which received good rainfall, he said.
12:58 PM
BJP's nine candidates, including Deputy Chief Minister Keshav Prasad Maurya, on Thursday filed their nominations for the Uttar Pradesh Legislative Council elections. The nominations were filed a day after the party announced the names of the nine candidates for the polls. The nominations were filed in the presence of Chief Minister Yogi Adityanath, Union minister Swatantra Dev Singh and other BJP leaders.
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The Odisha assembly has issued a notification for election of the speaker of the House on June 13 as BJD MLA SN Patro had recently resigned from the post, an official said on Thursday. Patro had quit the post on June 4 but cited no reason for doing so. However, his son Biplab Patro had said his father has been suffering from renal ailments and an eye infection.
In a notification issued on Wednesday, the state assembly OSD-cum-secretary Dasharathi Satapathy said, "...Governor has been pleased to fix June 13, 2022 (Monday) at 10.30 am for election of the speaker."
Topics :CoronavirusToday NewsRussia Ukraine ConflictNarendra Modi
First Published: Jun 09 2022 | 7:14 AM IST