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The Financial Express

Spl facility for import of milk food products withdrawn

The government has withdrawn the special facility for the import of different milk food products, officials said. The office of the chief controller of imports and exports (CCIE) under the ministry of commerce cancelled the facility through a public notification...

India’s government has petitioned the Rajasthan High Court to stop any of the Chinese companies whose 59 apps it recently banned from obtaining an injunction to block the order, according to two sources and the legal filing. India last month outlawed dozens of Chinese apps including ByteDance’s popular video-sharing app TikTok, Alibaba’s UC Browser and Tencent’s messaging app WeChat, saying they posed a “threat to sovereignty and integrity”. Chinese firms have faced hostility since a border clash that killed 20 Indian soldiers, with Delhi intensifying scrutiny of Chinese imports and any funding from China. Two sources with direct knowledge of the filing said the government had presented a so-called caveat in the High Court of Rajasthan, suggesting it expects one...

Furnace oil price cut to Tk 34 per litre

The government has slashed furnace oil price in local market by 19 per cent to Tk 34.03 per litre from the previous price of Tk 42 per litre. The price cut is retrospectively effective from June 26 in line with...