Tag Archives: trade

On the occasion, Indian Ambassador Puri said handicrafts binds India and Nepal and their societies together. He also said handicraft is developing in Nepal not only by keeping traditional ethos and values but also going to new areas.   The five-day fair is organised by the Federation of Handicraft Associations of ... Read More »

Cardamom futures traded higher on MCX, with the fresh buying by market participants tracking rise in demand. Moreover, report that the heavy rain for a prolonged period have led to fungal diseases in plantations, and plantations spread over 1,337.60 ha in Kerala’s Idukki district had been damaged which added to the ... Read More »

Copper futures traded in green on MCX, on frantic buying by speculators tracking firm red metal in overseas market. Besides, restricted supply and sliding stocks of copper also fuelled the uptrend. The contract for November delivery was trading at Rs 461.15, up by 1.11% or Rs 5.05 from its previous ... Read More »

Ganesh Foundry & Castings has received an approval to invest/trade in commodities derivatives and be registered as client with Ashika Commodities & Derivatives as Member of MCX, NCDEX, ICEX. The Board of Directors of the company at its meeting held on October 06, 2018, approved the same. The Board has ... Read More »

The higher import taxes will apply to almost 6,000 items, marking the biggest round of US tariffs so far.  The tariffs will take effect from 24 September, starting at 10% and increasing to 25% from the start of next year unless the two countries agree on a deal. Trump said ... Read More »

A Yale research team has revealed how cells in different parts of the human airway vary in their response to the common cold virus. Their finding, published in Cell Reports, could help solve the mystery of why some people exposed to the cold virus get ill while others don’t, said ... Read More »

Sushma Swaraj is in Vietnam on the first leg of her four-day two-nation tour which aims at deepening India’s strategic cooperation with Vietnam and Cambodia the key countries in the ASEAN region. “Deepening our Comprehensive Strategic Partnership! EAM @SushmaSwaraj and Foreign Minister of Vietnam Pham Binh Minh led delegation level ... Read More »

The Chinese government on Monday formally requested “dispute consultations” with the United States over the Trump administration’s imposition of USD 16 billion in tariffs on Chinese goods last week. China has responded with similar taxes on US goods. Its request to the World Trade Organization opens a 60-day period for ... Read More »

Obstfeld made the remarks during an interview as the IMF released its updated World Economic Outlook report on Monday. The IMF kept its growth forecasts for the global economy unchanged for this year and the next year, but warned of escalating trade tensions that could derail the global recovery. “There are ... Read More »

“It is the common duty of Europe and China, but also America and Russia, not to destroy (the global trade order) but to improve it, not to start trade wars which turned into hot conflicts so often in our history,” EU Council President Donald Tusk said in Beijing. “There is ... Read More »

The 25 per cent tariffs on Chinese machinery, electronics and high-tech equipment including autos, computer hard drives and LEDs mark a significant escalation in the trade dispute between China and US. Meanwhile, China has said it has already imposed retaliatory measures on US goods after the US activated its tariff ... Read More »

The 25 per cent tariffs on Chinese machinery, electronics and high-tech equipment including autos, computer hard drives and LEDs mark a significant escalation in the trade dispute between China and US. Meanwhile, China has said it has already imposed retaliatory measures on US goods after the US activated its tariff ... Read More »

Beijing said it was “forced to take necessary countermeasures” after Trump imposed 25 per cent duties on about USD 34 billion in Chinese machinery, electronics and high-tech equipment including autos, computer hard drives and LEDs. China was expected to respond dollar-for-dollar but did not immediately release details of the countermeasures, ... Read More »

Beijing retaliated immediately to tariffs on tens of billions in Chinese imports imposed by US President Donald Trump yesterday, igniting a trade war that threatens to cut into the pair’s massive bilateral trade — potentially harming exporters and US multinationals keen on China’s huge market. Top among American products hit ... Read More »

The lack of common ground meant the dispute would continue into next week’s G7 summit in Quebec, Canada, where Trump is expected to face other heads of state as the global economy verges on outright trade conflict. At this snow-capped mountain resort north of Vancouver, British Columbia, US Treasury Secretary ... Read More »

Wall Street started the day in the red because after the US announced it would investigate auto imports on national security grounds, a move that could lead to yet more steep tariffs. The Dow and S&P 500 rebounded off earlier lows but still finished down 0.3 per cent and 0.2 ... Read More »

Asian shares drifted lower after US President Donald Trump said he was not satisfied with bilateral trade talks with China that occurred last week. Meanwhile, China announced on Tuesday that it would reduce tariffs on some vehicles to 15 per cent from as much as 25 per cent. Tariffs on ... Read More »

After lengthy second round of talks in Washington, the two sides issued a joint statement early today vowing not to launch a trade war against each other. “We’re putting the trade war on hold. Right now, we have agreed to put the tariffs on hold while we try to execute ... Read More »

Based on the directions of Chinese President Xi Jinping and U.S. President Donald Trump, the Chinese and U.S. delegations conducted constructive consultations on trade issues on Thursday and Friday, the statement said. The two sides agreed to take effective measures to substantially decrease the U.S. trade deficit in goods with ... Read More »

Mnuchin, who is also the U.S. President’s special envoy, is meeting with Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee, who is heading the Chinese side. The talks, which run until Friday, are focused on the root cause of ... Read More »