The government notified the Remission of Duties & Taxes on Export Product (RoDTEP) rates in a bid to help the export sector on August 17. Meanwhile, debt-laden telco, Vodafone-Idea is reported to be in discussions with bondholders to refinance debt worth Rs 6,000 crore. Internationally, the Afghanistan crisis is taking a new shape every day with US President Joe Biden standing by the decision to withdraw troops from the nation. For all these stories and everything in between, here is some top news of the day.

ECONOMY

Govt notifies RoDTEP rates in range of 0.3%-4.3%

The government has notified the Remission of Duties & Taxes on Export Product (RoDTEP) rates in the range of 0.3-4.3 percent. These rates will cover 8,555 tariff lines. RoDTEP support will be available to eligible exporters at a notified rate as the percentage of FOD value.