Blog Archives

China keen to import more from India to bridge high trade deficit – Economic Times


Economic Times

China keen to import more from India to bridge high trade deficit
Economic Times
NEW DELHI: China is now keen to import pomegranate, grapes, soyameal, fish oil and fish meal from India apart from non-basmati rice and sugar it had decided to buy earlier. Beijing will send teams to inspect pomegranate and grape orchards, and soy ...

UK bags major sheep-meat export order from India – Business Standard


Business Standard

UK bags major sheep-meat export order from India
Business Standard
AHDB described the announcement related to its India export order this week as a testament to the UK's high-quality produce and world-class standards. The UK currently exports 386 million pounds of sheep-meat overseas annually but just 3.8 per cent of ...
UK bags major sheep-meat export order from India - Outlook IndiaOutlook India
UK signs £6m sheepmeat trade deal with IndiaFarmersWeekly

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Untenable assault on our farm subsidies – The Hindu BusinessLine


The Hindu BusinessLine

Untenable assault on our farm subsidies
The Hindu BusinessLine
India has been questioned on its supply management policies for skimmed milk powder, sugar and pulses, in particular, the export subsidies granted to all these products/commodities and the import restriction on pulses. AoA does not allow India to use ...

Delhi HC asks for original files of CBI probe in coal import over-pricing – Business Standard


Business Standard

Delhi HC asks for original files of CBI probe in coal import over-pricing
Business Standard
The coal or power equipment, even though (these are) shipped directly to India, but its invoicing is routed through a different company incorporated abroad, which is directly owned and controlled by the promoters of the project in India," the NGO had ...

WTO to set up dispute panel in India-US case on steel, aluminium duties – Economic Times


Economic Times

WTO to set up dispute panel in India-US case on steel, aluminium duties
Economic Times
Besides India, Russia, Norway, Canada, Mexico, Switzerland, and European Union have also dragged the US in the WTO on Washington's move to impose 25 per cent and 10 per cent import duties on certain steel and aluminium products, respectively, which ...
Swiss complaint over US tariffs to be reviewed by WTO panelswissinfo.ch

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India, UAE sign currency swap deal; seek to forge partnership in new areas – Financial Express


Financial Express

India, UAE sign currency swap deal; seek to forge partnership in new areas
Financial Express
Currency Swap is such a pact between two countries that allows trading in their own currency and payments to import and export trade at pre-determined exchange rate without bringing in a third benchmark currency like the US dollars. The second ...
India, UAE sign currency swap deal; seek to forge partnership in new areas at JCMEconomic Times
India, UAE sign currency swap dealLivemint

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Indian Oil Corp issues five-year tanker tender to import Iraqi oil: document – Reuters


Reuters

Indian Oil Corp issues five-year tanker tender to import Iraqi oil: document
Reuters
NEW DELHI (Reuters) - India's top refiner, Indian Oil Corp (IOC), has issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed. A logo of Indian Oil is picture ...
Indian Oil Corp issues 5-year tanker tender to import Iraqi oil, document revealsLivemint

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Textile ministry to replace export incentives with WTO-compatible schemes – Business Standard


Business Standard

Textile ministry to replace export incentives with WTO-compatible schemes
Business Standard
One contention of critics is that India's $3 trillion economy is quite unlike those of smaller countries in this region, such as Bangladesh, Vietnam or Pakistan, that require external incentives to compete in global markets. A WTO committee is ...

India PMI: Rise in new export orders is welcome, but sustenance key – Livemint


Livemint

India PMI: Rise in new export orders is welcome, but sustenance key
Livemint
Business activity in India's manufacturing sector increased in November, courtesy a surge in new orders. As a result, the Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose to an 11-month high of 54 in November from 53.1 in October.
Mfg activity at 11-month high in NovemberTimes of India

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UK musical instrument maker celebrates export success to Indian Army – Outlook India


UK musical instrument maker celebrates export success to Indian Army
Outlook India
"With this latest announcement of our recent success in India, we are able to demonstrate a positive future for specialist companies such as the British Band Instrument Company in export markets," Alun Hughes, the founder and managing director of the ...

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Domestic players feel crushed by soaring waste paper imports – The Hindu BusinessLine


Domestic players feel crushed by soaring waste paper imports
The Hindu BusinessLine
“The surge in import of contaminated waste paper poses a serious environmental threat to India and undermines the pioneering work done by Indian paper makers in promoting sustainable manufacturing practices,” said Sanjay Singh, Divisional Chief ...

India registers 10% growth in containerised trade in Q3 2018, says report – Financial Express


Financial Express

India registers 10% growth in containerised trade in Q3 2018, says report
Financial Express
Countries like the US, Canada, the UK and South Korea have been the leading import origins for this growing region. In terms of commodity trade, the high demand for pharmaceutical, vehicles, metals and sea-food have driven the import-export trade in ...

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How Our 8th President Paved The Way For India’s Successful Missile Programme – The Better India


The Better India

How Our 8th President Paved The Way For India's Successful Missile Programme
The Better India
Prime Minister Gandhi was adamant that instead of taking the import route, India must develop its own indigenous missiles system. There were past attempts at developing an indigenous missiles system, but the necessity of war, lack of a proper supply ...

India Stocks Fluctuate as Oil, Polls Offset Trade Truce Cheer – BloombergQuint


India Stocks Fluctuate as Oil, Polls Offset Trade Truce Cheer
BloombergQuint
... an earlier gain of 0.7 percent. The NSE Nifty 50 Index climbed 0.1 percent. While U.S. and China leaders agreed to pause the introduction of new tariffs and intensify trade talks, the price of crude oil -- India's biggest import -- rallied as much ...

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Govt permits export of gold idols with certain conditions – India.com News


Govt permits export of gold idols with certain conditions
India.com News
New Delhi, Dec 3 (PTI) The government has allowed export of gold idols of eight carats and up to 24 carats with certain conditions, according to a notification of the commerce ministry. However, these exports are allowed only from domestic tariff area ...

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Oil remains India’s bugbear as rupee, bonds buck trade cheer – Livemint


Livemint

Oil remains India's bugbear as rupee, bonds buck trade cheer
Livemint
While most of Asia cheered the truce between the US and China, India's rupee, bonds and stocks retreated amid the biggest surge in oil in two years, highlighting the nation's vulnerability to spikes in energy costs. The rupee was the only emerging ...

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Expect real GDP in India will grow 7 2 pc in FY 18-19, says Moody’s – United News of India


United News of India

Expect real GDP in India will grow 7 2 pc in FY 18-19, says Moody's
United News of India
The 15 commercial banks account for about 70 per cent of assets in the system. Of the 15, 11 are state-owned, with weaker standalone fundamentals than private sector banks. The Indian policy bank that Moody's rates is the Export-Import Bank of India ...

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