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The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 per cent tariffs on an extra USD 200 billion worth of Chinese imports.Although it was not a direct reaction to the new move from Trump&Rubber Products Suppliers39;s administration, the official English-language newspaper China Daily said in an editorial that Beijing had to stand up to Washington.US officials released a list of thousands of Chinese imports the administration wants to hit with the tariffs, including hundreds of food products as well as tobacco, chemicals, coal, steel and aluminium.There was no immediate reaction from the Chinese government.

Consumers, businesses and the American jobs dependent on trade, are left in the crosshairs of an escalating global trade war," said Hun Quach, the head of international trade policy for the group. It has to resolutely fight back while taking proper measures to help minimize the غير مجاز مي باشدt to domestic enterprises and further open up its economy to global investors," it said. There is no justification for such action," he said in a statement."Rather than address our legitimate concerns, China has begun to retaliate against US products ."China has no option but to fight fire with fire.'""American families are the ones being punished.

It will also result in retaliatory tariffs, further hurting American workers," a Chamber spokeswoman said..President Donald Trump has said he may ultimately impose tariffs on more than USD 500 billion worth of Chinese goods - roughly the total amount of US imports from China last year.."The US Chamber of Commerce has supported Trump's domestic tax cuts and efforts to reduce regulation of businesses, but it has been critical of Trump's aggressive tariff policies.Investors fear an escalating trade war between the world's two biggest economies could hit global growth. Last week, Washington imposed 25 per cent tariffs on USD 34 billion of Chinese imports, and Beijing responded immediately with matching tariffs on the same amount of US exports to China.It also includes consumer goods ranging from car tyres, furniture, wood products, handbags and suitcases, to dog and cat food, baseball gloves, carpets, doors, bicycles, skis, golf bags, toilet paper and beauty products.The Retail Industry Leaders Association, a lobby group representing the largest US retailers, said: "The president has broken his promise to bring 'maximum pain on China, minimum pain on consumers.Last week, # Washington imposed 25 per cent tariffs on USD 34 billion of Chinese imports, and Beijing responded immediately with matching tariffs on the same amount of US exports to China.'Tariffs Are Taxes'Senate Finance Committee Chairman Orrin Hatch, a senior member of Trump's Republican Party, said the announcement "appears reckless and is not a targeted approach.

"For over a year, the Trump administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition," US Trade Representative Robert Lighthizer said in announcing the proposed tariffs. Imposing taxes on another USD 200 billion worth of products will raise the غير مجاز مي باشدts of every day goods for American families, farmers, ranchers, workers, and job creators.The tariffs will not be imposed until after a two-month period of public comment on the proposed list, but some US business groups and senior lawmakers were quick to criticize the move

He would have to step down from that role and be elected to the National Assembly before he was eligible to become prime minister.Speculation this week that he could be about to resign his seat has heightened the intrigue surrounding his relationship with Sharif. He has also worked as deputy chairman of the Planning Commission from 1998 to 1999 during Sharif&China Grommet Manufacturers39;s second term.Shahbaz is considered more intelligent but less charismatic than his older brother. Chaudhry Nisar Ali Khan: Interior Minister Chaudhry Nisar Ali Khan, a stalwart of the PML-N, was until recently considered the prime candidate to succeed Sharif.Iqbal is considered the development brains of the party and a visionary leader. He has controlled Punjab Pakistan's most populous and prosperous province for much of the last decade, presiding over a series of big ticket infrastructure projects, including Pakistan's first metro bus service. He currently heads the federal planning and development ministry, having previously served as minister for education and minorities.

He was elected to the National Assembly from his home district of Sialkot - an important manufacturing centre in Punjab province since 1993.. (Photo: File) Islamabad: Pakistan's Prime Minister Nawaz Sharif was Friday ousted from the top office by the Supreme Court, but as the head of the ruling Pakistan Muslim League-Nawaz (PML-N) party he will be able to nominate his successor.But relations between the two have recently cooled, with some sources suggesting that Sharif is concerned that the vocal Nisar could be positioning himself to wrest control of the party from the embattled prime minister.He is viewed as a strong critic of the powerful military and commentators say that his hardline stance against the army has created problems for Sharif.The former banker has held a series of key positions within the PML-N since 1991.Sadiq began his political career as a supporter of Khan's Pakistan Tehreek-i-Insaaf party, but quit to contest the 2002 elections on a PML-N ticket.His daughter Maryam Nawaz is commonly touted as his political heir, but she does not currently hold elected office so cannot be a candidate this time around. Speculation within the vocal local media suggests that the party is planning to bring in an interim prime minister for a few weeks.

That will require a party loyalist to resign from his seat in the national parliament, sparking a hasty vote that Shahbaz would contest on the PML-N ticket.Khawaja Muhammad Asif: Defence Minister Khawaja Asif is one of the most trusted allies of the outgoing prime minister and considered the mostly likely to succeed him.Unlike Sharif's other key allies, Nisar has close ties with the powerful military, often serving as broker between the two a relationship that would serve Nisar well if he decided to make an independent bid for the top office.Sadiq lost the seat two years later following allegations of vote rigging, only to be re-elected in a by-election, narrowly beating another close aide of Khan.Sardar Ayaz Sadiq: The speaker of the National Assembly Sardar Ayaz Sadiq is another strong candidate for next prime minister who is said to have the ear of the ruling Sharif family. He was restored as the speaker after his re-election. Pakistani politics often see dark horses emerge, but the most likely candidates for the country's next prime minister are as follows:Shahbaz Sharif: Speculation within the vocal local media suggests that the party is planning to bring in an interim prime minister for a few weeks before electing Sharif's younger brother Shahbaz Sharif to the post.Ahsan Iqbal: A US-educated lawmaker, Ahsan Iqbal hails from a political family that has long been associated with Sharif's PML-N party.Sadiq gained Sharif's trust after he defeated the PML-N leader's main rival, cricketer-turned-politician Imran Khan, in a hotly contested race for a Lahore seat in the 2013 general election.

Ramkumar, debutant Prajnesh win their singles rubbers to give India 2-0 lead over Uzbekistan. Ram then hit four double faults in the 12th game and failed to clear the net twice to concede the set 5-7. With his movements restricted, Ramkumar then broke twice and wrapped up the set 6-2. Ramkumar Ramanathan celebrates after his win over Uzbekistan’s Temur Isamilov in India’s Group I Davis Cup tie in Bengaluru.Ismailov surrendered his serve in the third game and again in the fifth to concede the set to Ramkumar 2-6.The two results gave India and debutant captain Mahesh Bhupathi a winning 2-0 start and left the door open for the hosts to shut out the tie.

In the fourth set, Ramkumar, struggling to hold serve in the previous game, broke to take a 6-5 lead but true to his form, double faulted on match point but sealed the win with a volley. With the 22-year-old Fayziev hit by fatigue, the Indian wrapped it up 6-3.While Fayziev’s movements improved markedly in the fourth set following a medical timeout,he was no match for the left-hander, who broke early and China Silicone Rubber O-Rings Suppliers kept up the pace to clinch the rubber..The second set saw the duo play some solid service games before Ismailov netted a return to give the Indian a 4-3 advantage.THE ASIAN AGE.Fayziev came back into the contest, opening a 3-1 lead in the second and wrapping it up 6-3 with minimum fuss.Prajnesh, showing no signs of panic despite the occasion, broke in the 11th game before serving out the first set 7-5. (Photo: Shahidhar B.After Ramanathan gave India the first tie with a disjointed 6-2, 5-7, 6-2, 7-5 win, Prajnesh produced a performance that was more fluid and decisive to register a 7-5, 3-6, 6-3, 6-4 on his debut.

Earlier, the Indian number one was the definition of inconsistency as he served aces and double faults with consummate ease to finish with 16 aces and 14 double faults to make the match a three hour, 14 minute struggleWhile both gave signs of formidable serving early, it didn’t take long before they gave indication of just how small the margin of error was in their game.

Undeterred, he broke right back, with strong assistance from Ram who double faulted twice in a row and netted a volley. Just as it seemed like the script was set to continue for the rest of the match, Ismailov called for a medical time out in the third set to deal with a thigh niggle.From then on, Ismailov targeted the almost non-existent backhand of the Indian but his inability to land deep crosscourt shots forced him to save two breaks. He continued in the same fashion in the third to break in the first game and save two breaks in the fourth to hold on 3-1

Educating your customer is the key to retaining them. Designer Vidhi Singhania mentions, “Fast fashion brands and e-commerce retail platforms have disrupted the industry by meeting a previously untapped consumer need for trendy clothing for a lower price.When it comes to pleasing the mercurial millennial and the following Generation Z, there is nothing fixed about what they like and what they don’t.Social media plays an important role and so does Bollywood. The rise of well-informed customers, asking for sustainable, fit for all colours, body type, and culturally correct brands, has led to the downfall of many iconic labels that thrived on promoting a certain idea of fashion and beauty. To remain relevant is a huge challenge.

This certainly is a tough time for fashion, and a lot of design houses are changing their design philosophy to appeal to new target groups in order to sustain. The business strategies need to change, and instead of being exclusive the brands have to get more inclusive to widen their consumer base.

She says, “Not just fashion, but overall the consumers today prefer product customisation matching individual preferences and needs. For every design and sample, the customer is provided with various customisation in terms of fabric, colours, embellishments. Therefore, the time spent on personal customisation is compensated as well. Hollywood and Bollywood celebrities have worn them to red carpet غير مجاز مي باشدas, fashion shows, press conferences, and very important events, bringing the humble sari once again to the forefront of the world fashion.” To stay relevant, the design chains will need to start catering to the bespoke needs of customers. The biggest change in the industry is that the customer is now looking for the value of money.Sari, he says, is versatile and can be draped in many ways from traditional to fun, sporty or business.”. As a designer, I focus on making more design creatives and stay away from mass production. Same is for the fashion industry.The sooner designers adapt to customer first (and not designer first) approach, the better it would be for them to adapt with times to stay relevant,” predicts Hassija. In India, the fashion industry is uniquely competitive and brands that don’t innovate fast enough will be left behind. She says, “To appeal to the younger buyers, designers have to add a contemporary twist and make the products more versatile.Globally, a lot of trends and ideas have already been tried, and designers are struggling to generate new ideas.“Yes, it is a tough time for fashion considering the number of options that a customer has but most importantly today’s customer is well informed. With the excess of options, it seems designers are running out of trends, and now anything and everything that could possibly fall under the “opposite of fashion” category is being promoted on the runway for novelty. However, if the attitude towards fashion needs to change, designers have to innovate and experiment with ideas to stay in sync with changing trends, believes celebrity stylist Nidhi Singh. No longer can the trend be governed by a seasonal collection of a handful of large fashion chains.As fast fashion catches up with people across the globe, the demand and supply for customised designer wear and luxury products have gone down drastically. Could this be a downfall of fast fashion? We find out what Indian designers have to say about the lack of innovation in the fashion industry.

Coming years will see a decline in sales of high priced common design brands.”Brands are now spending a sizeable amount to create awareness among consumers and trying to explain and educate them about what are they buying. These brands can turn around new products in fewer than six weeks from conception to shelf, and their success is forcing the rest of the fashion world to keep up.In India, people are willing to spend money on quality apparel, heirloom, special weaves, and other hand-made products, so the authentic brands will still continue to be in demand. Designer Dharna Hassija highlights that the new age consumer is well informed and the choices are not restricted by a publicised trend in magazines, newspaper or otherwise. They are aware of what they are buying and what they want. The sari has made inroads all around the world. Customers are willing to pay for good service. If a brand needs to stand out in today’s time, the best way is to be original and accessible for all. While last year we saw the rise of trends like normcore, ugly fashion trends like dad sneakers, shredded jeans, and silicone rubber Manufacturers prairie dress coming back in vogue – the trend predictions for 2019 also look obscure. At the same time, it can be difficult to keep up with the world of fashion, as we are no longer governed by the extreme social standard that dictates how we can and cannot dress.Interestingly, a lot of brands did innovate themselves including designer labels that are creating affordable pret lines to cater to the fast fashion trend.

They know what they want, and have multiple avenues to get it. In my opinion, this is the most beautiful change that the industry is seeing as it gives rise to the democratisation of fashion. This need for personalisation and adaptability to various trends allows designers to stay true to their own creative inspirations and not blindly follow the trend. Designer brands all over the world are having a tough time sustaining the war of trends because the new age consumer is well aware of his/ her needs. The process of selling one collection fits all will soon disappear. In fact, fashion trends are changing rapidly every season so when a new trend is discovered others are forgotten. Due to changing millennial trends, in the last few years, we have seen a rise in the number of young girls coming to our store and buying saris,” explains designer Vidhi Singhania. “The bespoke trend is already visible and soon will catch up in the bridal market as well

Irrespective of China o-ring the choice of network chosen by the customers, the retailers can reach them and sell their products. The transformative pace and power of business dynamics is overwhelming for some. But today, the intelligent consumer is implicitly demanding intelligent retail solutions.Impact on Modern RetailThe omni-channel supply chain has risen significantly with major online brands delving into retail stores. Omni-channel supply chain as a multichannel distribution network which manages multiple methods of distributing and promoting products.Decreased غير مجاز مي باشدt: Over time, the impact of inventory holding غير مجاز مي باشدts have decreased due to the interoperability of the various channels and the availability of newer technology for visibility has allowed retailers to fulfil customers from the nearest fulfilment centre. We may broadly understand the omni-channel supply chain as a multichannel distribution network which manages multiple methods of distributing and promoting products, with a primary focus on seamless customer experience.

As through omni-channel supply chain, with top-notch user experience and price uniformity, this process of integrating multiple channels has revolutionised the modern retail industry of India. The experience extends beyond a single point of contact and the consistency of communication on various mediums has further consolidated the brand mesغير مجاز مي باشدing and communication.Unique consumer categories use a mix of retail channels to shop and choose products according to their lifestyle and convenience. A consumer today has an added advantage of visiting the retail stores to experience the product as well as purchase it online and have it delivered at their doorstep. An omni-channel network includes distribution channels such as brick-and-mortar, mobile applications and websites and shares data between them, to let the consumers conduct business through their preferred channel.

This has decreased shipping غير مجاز مي باشدt and improved customer satisfaction which leads into repeat purchases. With companies opening more product distribution channels, omni-channel supply chain has fuelled the growth of offline stores by CAGR of 11 per cent and that of online stores by a whooping CAGR of 66 per cent within the period 2012-17.Apart from driving sales and profitability of the modern retail market in India, the omni-channel network has impacted the modern retail in the following ways:Revenue Growth: Companies which have opted for such supply networks have seen a 30 per cent growth in the lifetime of their customers, according to a study conducted by IDC in 2018.Customer satisfaction is the underlying factor of their buying experience, and omni-channel supply chain satiates this utility, subsequently leading to higher profits. The omni-channel supply chain has risen significantly with major online brands delving into retail stores.

The infusion of technology has led to higher customer retention and increased sales for the retailer. This, perforce, is the reason why omni-channel supply chain has become one of the fastest growing distribution channels in the retail universe and has led the Indian retail market to make up for 10 per cent of the GDP and 8 per cent of the total employment..Higher reach: Improvement in the general efficiency of the business through omni-channel network, translated into a higher reach for Indian retailers across all platforms. The fact that customers can keep in touch with the manufacturer and get help if needed, provides them with a sense of control and self-independence. The Omni channel network has thereby paved the path for healthy competition among brands.Healthy Competition: As leading brands fight for the limited shelf space on the brick and mortar stores, online retail is allowing customers to explore a plethora of products and services, from all over the globe. Branding: Higher visibility in all channels has meant enrichment of brand equity. A decade ago, the brick-and-mortar factory and retail outlets were the most crucial touch points between the customers and the buyers. Serving different consumers on their preferred channels makes the process as satisfying as possible. Businesses have come to realise that profitability is driven by improving customer choices and the overall shopping experience.Customer experience: Omni-channel network prides itself with its focus on customer experience

We will become an integral part to the KCC (Kissan Credit Card) by supplying more than 50 per cent of the cards as directed by our Prime Minister. child, religious figure etc.2 million smart cards each day.Smart cards are here to stay, at least for China silicone rubber Suppliers a while until all future smartphones will be equipped with NFC, MST technologies for payments, automation and alike. Further, there will be eVisas which will be stored in the microchip. Currently more than 165 million Indians are not banked. With the demonetisation drive by the BJP-led government last year, India has seen a major jump in the digital payment sector.

We are already pitching to manufacture the 60+ (Senior Citizens) Aadhaar based smart cards. The need for a mode for digital payments has forced people to open bank accounts, opt for smart cards and even get on to the internet with and take help from digital payment apps to ease out the payment modes. We also want to get into the Financial Instant Issuance of cards whereby debit cards are issued almost instantly and thereby reduce the time required for right from applying for a card to its issuance, drastically,” he added.Does the company have any tie-up with banks? What are the new types of solutions being demanded by the banks in India?SCIT is a supplier of smart cards to various banks.t.”“SCIT aims to become the largest manufacturer of cards in Asia and in sync with this long term vision the company is determined to build a Super Factory – the best that the world has ever seen with all services, manufacturing facility showcasing area, hotel for customers, solutions department etc. The company caters to three verticals of smart cards in the industry — banking, telecom and government ID. NPCI has taken many initiatives for cashless, cardless, card and software solutions for the mass markets. The need for a mode for digital payments has forced people to open bank accounts, opt for smart cards and even get on to the internet with and take help from digital payment apps to ease out the payment modes. With the recent spurt of demand banking cards in India, post demonetisation, the company has increased its production capacity and is expecting the rise to increase across the other two verticals too.Deven Mehta, CMD SCIT Ltd said, “However, this could just be the beginning and going forward India will witness a massive surge in demand for smart cards across all verticals. To be ready for such demand scenarios we are undertaking quite a few initiatives.

However, with technology getting better by each passing month, smart cards will probably, still be the safest mode for payments, authentication, automation and more.The company caters to three verticals of smart cards in the industry — banking, telecom and government ID. With the rapid advancement in technology, Indian banks are always focused to incorporate new solutions which enable them to present the best offering to its consumers. However, while most people in India still rely on cash, going digital for payments is not as easy as one thinks.SCIT, or Smart Card IT Solutions, is one of India’s largest manufacturer of smart cards in India that produces around 1. Rural Banking segment will grow at the fastest pace.Your take on e-passports in IndiaICAO (International Civil Aviation Organisation) has put a mandate to all governing authorities of various countries by putting deadlines on migration from MRP (Machine Readable Passports) to issuances of e Passports which contain a microchip and an antenna which provides one of the highest forms of security for a document in world. While presently Samsung, Apple and a few other smartphone manufacturers are already heading their products in the same direction, other manufacturers are yet to follow.

Thanks to the move, most of the money being rolled around is now being accounted for and most importantly, it just got easier and smooth.Trends in the banking sectorRupay is going to be the biggest trendmaker in the banking segment. When in talks with Deven Mehta about the existing scenario, future plans for the country and what’s in line for the year 2017, he had much to reveal.India has a very robust and dynamic banking system. The tie ups are actually with switch providers such as FIS, FSS, Euronet and Transerv who largely cater to 80 per cent of Indian banks.) after a thorough screening process, on the card itself and dual Interface (Contactless and Contact) technology based cards.The new solutions demanded by banks are instant issuance solutions, image card – where a customer has the choice of putting his/her favourite picture (for eg.What are the company’s existing products and services in the country?Our products and service includes smart cards – for Banking, Telecom, Government Indentity, Loyalty Identification and Instant Issuance Solutions for all segments.What are SCIT’s plans with the government of India? Please elaborateSCIT is constantly a supplier and consultant to various government programs such as RSBY, Bengal Health Cards, Driving License, Vehicle Registration Cards etc. This will enable Indian passport holders to walk to through e-gates and will store information of an individual’s biometrics such as finger prints and iris ensuring that the document is not replicated or misused

There will be no need for a separate e-way bill. Border checks got eliminated.5 per cent.Describing &China auto door seal39;Make in India' as a cherished goal, the Finance Minister proposed an increase in basic customs duty on certain items so as to provide domestic industry a level playing field.She also announced to increase special additional excise duty and road and infrastructure cess on petrol and diesel by one rupee each, hike in customs duty on gold and precious metals to 12.Terming it as a "monumental reform," Sitharaman said the GST regime has brought together the Centre and the States with the result 17 taxes and 13 cesses became one and multitude of rates instantly became four.These include certain inputs of CRGO sheets, amorphous alloy ribbon, ethylene dichloride, propylene oxide, cobalt matte, and naphtha, wool fibres, and input for manufacture of artificial kidney and disposable sterilised dialyzer, and fuels for nuclear power plants. The dream of 'One Nation, One Tax, One Market' was realised," she said. The relief under the scheme varies from 40 per cent to 70 per cent of the tax dues for cases other than voluntary disclosure cases, depending on the amount of tax dues involved.The budget proposes a dispute resolution-cum-amnesty scheme -- Sabka Vishwas Legacy Dispute Resolution Scheme, 2019 -- will allow quick closure of these litigations.She said that a fully automated GST refund module shall be implemented.To encourage domestic publishing and printing industry, 5 per cent customs duty will be imposed on imported books.

"Multiple tax ledgers for a taxpayer shall be replaced by one," she said.Finance Minister Nirmala Sitharaman on Friday said that the Goods and Services Tax (GST) processes were being further simplified while adding that businesses with less than Rs 5 crore annual turnover will need to file quarterly GST return. This gives me a room to review excise duty and cess on petrol," she said. The Budget proposes to move to an electronic invoice system wherein invoice details will be captured in a central system at the time of issuance. The Budget also proposes rationalisation of export duty on raw and semi-finished leather to provide relief to the sector.

"The threshold exemption limit for a supplier of goods is proposed to be enhanced from Rs 20 lakh to an amount exceeding Rs 40 lakhs. To be rolled out from January 2020, the electronic invoice system will significantly reduce the compliance burden," said Sitharaman. Taxpayers having an annual turnover of less than Rs 5 crore shall file the quarterly return," she said. Goods started moving freely across states, which saved time and energy.She said that GST rates have been reduced significantly where relief of about Rs 92,000 crore per year has been given. To address this issue, the Budget proposes to impose a nominal basic excise duty on tobacco products and crude.She also proposed to withdraw exemption from customs duty on certain electronic items which are now being manufactured in India.Key POINTS* Threshold for goods supplier to be enhanced from Rs 20 lakh to Rs 40 lakh."Crude prices have softened from their highs."Almost all commodities saw rate reduction.

Tens of returns were replaced by one.* Hike in customs duty on certain items to promote 'Make in India'* Increase of one rupee per litre each in excise duty and cess on petrol and diesel* Customs duty on gold and other precious metals hiked from 10 pc to 12.5 per cent and imposing nominal basic excise duty on tobacco products and crude.The Finance Minister proposed a few amendments to the Customs Act.5 pc* Nominal basic excise duty on tobacco products and crude introduced."This will eventually be used to prefill the taxpayers' returns. Taxpayers' interface with tax departments got reduced.The Finance Minister said that the landscape of indirect tax has changed significantly with the implementation of GST. These items include PVC, cashew kernels, vinyl flooring, tiles, metal fittings, mountings for furniture, auto parts, certain kinds of synthetic rubbers, marble slabs, optical fibre cable, CCTV camera, IP camera, digital and network video recorders. "There is a need to unload the baggage and allow the business to move on, as more than Rs 3.Sitharaman also announced an increase in customs duty on gold and other precious metals from 10 per cent to 12."She announced that misuse of duty-free scrip and drawback facility involving more thanRs 50 lakh rupees will be a cognizable and non-bailable offence.The Union Budget also provides for exempting import of certain defence equipment from basic customs duty, reducing customs duty on certain raw materials and capital goods, and rationalisation of export duty on raw and semi-finished leather. She said: "Recent trends reveal that certain bogus entities are resorting to unfair practices to avail undue concessions and export incentives.75 lakh crore is blocked in litigations in service tax and excise," she said. To further promote domestic manufacturing, the budget proposes customs duty reductions on certain raw materials and capital # goods.Sitharaman said that tobacco products and crude attract National Calamity and Contingent duty which in certain cases is being contested on the ground that there is no basic excise duty on these items.The Union Budget proposes to increase special additional excise duty and road and Infrastructure cess each by one rupee a litre on petrol and diesel