Business

NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity. Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the…

The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is…