IP rights: India remains on USTR's watch list

The US Trade Representative (USTR) in its report identified 11 countries, including India, on its 'Priority Watch List'. China, Indonesia, Russia, Saudi Arabia and Venezuela are among others. It has also placed 25 countries, including Pakistan and Turkey, on the Watch List.

IndiGo raises salary of staff after nearly 3 years

The percentage of hike could not be immediately ascertained. IndiGo’s “employee benefit expense” in FY 2017-18 was Rs 2,455 cr. The move comes as airlines are staring at increased operating costs due to crude oil touching $80 to a barrel and rupee again touching 70 to a dollar. The pay hike was possibly necessitated to soothe frayed nerves of employees.

Small e-car can cost up to Rs 12 lakh: Maruti

Goods and services tax on electric vehicles is at 12%, against 28% stipulated for small petrol cars. However, the government has not extended a subsidy meant for electric cars — under the FAME 2 incentive scheme — to private electric vehicles, giving it only for taxis. Also, lack of charging infrastructure may make adoption of EVs difficult.