Tag Archives: trade

Mumbai : Equity benchmark Sensex jumped nearly 245 points in early trade on Tuesday, tracking gains in index majors HDFC, TCS and Infosys and supported by positive macroeconomic indicators. The 30-share index was trading 244.77 points or 0.46 per cent higher at 53,195.40 in initial deals, while the broader NSE ... Read More »

Mumbai : Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities. The 30-share BSE index was trading 596.78 points or 1.14 per cent lower at 51,747.67 in initial deals. Similarly, the ... Read More »

National Pharmaceutical Pricing Authority (NPPA) vide notification dated 3rdJune 2021 has capped the Trade Margin for Oxygen Concentrators at 70% on Price to Distributor (PTD) level. Pursuant thereto, a total of 104 manufacturers / importers of Oxygen Concentrators have submitted revised MRP for 252 products/brands. Downward revision in price up ... 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 »

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 »

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 »

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 »

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 »

Prabhu was leading a high-level business delegation to Johannesburg to participate in the two-day summit from April 29-30. “We feel that there is a huge potential that exists between these two regions,” Prabhu said as he shared the platform with his counterparts form Botswana, Swaziland, Lesotho and Mozambique at the ... Read More »

Both countries agreed to initiate a comprehensive review of bilateral trade treaty by July 2018. The treaty which governs bilateral trade was last revised in 2009. The two sides also discussed amendments to the bilateral Treaty of Transit signed in 1999 to further facilitate transit movement of Nepal’s trade with ... Read More »

New Delhi: China on Monday promised to address the issue of its massive trade surplus with India and work towards a more balanced trade relationship, while urging greater focus on the Regional Comprehensive Economic Partnership (RCEP) negotiations at a time of increasing protectionist trends globally. This was stated in an ... Read More »