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Archive by tag "trade"

August 6, 2018
NEW DELHI: With the US imposing additional 25 per cent duty on imports worth USD 34 billion from China, certain Indian products may become more competitive, CII said today. An analysis by the industry chamber revealed that India should focus on the US market for items in the categories of machinery, electrical equipment, vehicles and […]
August 3, 2018
Confederation of Indian Textile Industry (CITI) on Friday highlighted that the India’s huge trade deficit with China is a matter of great concern. India’s trade deficit with China has increased from $51.1 bn. in 2016-17 to $62.9 bn in 2017-18. India’s bilateral trade with China was $89.6 bn in 2017-18. India exported $1,362 mn worth […]
July 25, 2018
The Cotton Advisory Board (CAB) has estimated that during the current cotton season of October, 2017 to September, 2018, the export of cotton from India is likely to increase by 20% over last year and is expected to touch 70 lakh bales by September, 2018, a release from the Press Information Bureau said. From October, […]
July 20, 2018
NEW DELHI: The Trump administration will share a list of its trade issues with India next week, as the two sides seek to iron out their differences over bilateral trade that have arisen from tit-for-tat tariff actions in the last few months. This was agreed at a new round of talks between the two countries […]
July 10, 2018
NEW DELHI: India and South Korea will reduce duties on 11 tariff lines in a bid to expand bilateral trade by updating their existing free-trade agreement, called the comprehensive economic partnership agreement (CEPA). “Both countries have agreed to tariff concessions on 11 lines,” said an official in the know of the details. The revised CEPA […]
June 25, 2018
HIGHLIGHTS The commerce and industry minister hoped that small and medium enterprises would create more economic opportunities and become the driver of a new India The minister’s remarks came a day after India decided to raise customs duty on 29 products NEW DELHI: India is trying to resolve trade disputes with several countries and is […]
April 18, 2018
Oil prices extended gains on Wednesday, lifted by a reported decline in U.S. crude inventories and the risk of supply disruptions. Brent crude oil futures rose 87 cents to $72.45 a barrel by 1143 GMT, while U.S. WTI crude futures rose 95 cents to $67.47. “Yesterday evening saw the API report a surprising decrease in […]
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