Trade
China responds to US steel tariff with duty hike on US pork, fruits
02 Apr 2018
Escalating the trade dispute, China on Monday retaliated to US President Donald Trump’s duty on Chinese steel and aluminium by raising import duties on US pork, apples and other products worth an annual $3 billion
GAIL's first chartered LNG vessel from US arrives at Dabhol
31 Mar 2018
GAIL will have 5.8 million tonnes per annum of US LNG in its portfolio mix of LNG indexed to Henry Hub and crude oil
China hits back at Trump’s imposition of tariffs on its products
23 Mar 2018
Trump blames China for the loss of six million jobs and the shutting down of 60,000 factories in the US as trade between the US and China has shot up from about $115 billion in 2000 to $635 billion today
US drags India to WTO over export subsidy schemes like SEZs
16 Mar 2018
India will engage with the US to explain the legitimacy of its export subsidy schemes following America's decision to approach the WTO on the issue
After Nirav Modi-PNB scam, RBI bans LoUs, Letters of Comfort
14 Mar 2018
The Reserve Bank of India has banned banks from issuing Letters of Undertaking or Letters of Comfort in the wake of the Rs1,400 crore Punjab National Bank fraud, though Banks can continue to issue guarantees and letters of credit
Trump authorises tariffs on steel, aluminium imports
09 Mar 2018
The United States is the largest steel importer in the world and the order could hit South Korea, China, Japan, Germany, Turkey and Brazil the hardest
King Abdulla promises all help to Indians to invest in Jordan
01 Mar 2018
The Jordan-India business forum discussed means to enhance cooperation between the two countries with special focus on investment, trade, education, industry, health, agriculture, mining, telecommunication, tourism and energy
India, Canada agree to expand ties, combat terror
24 Feb 2018
Canada failed to conclude a Foreign Investment Protection and Promotion Agreement with India, although visiting Prime Minister Justin Trudeau managed to obtain investment commitments worth around $1 billion from Indian investors
Trump adminstration tightens H1-B visa rules for third-party worksites
23 Feb 2018
H-1B visas are issued for periods less than three years and the new rules could shorten this further and altogether reverse the tradition of issuing H-1B visas for three years at a time
China warns of retaliation if US slaps penal duties on its steel, aluminium
17 Feb 2018
China has warned of retaliatory action if the Unites States opted to impose penal tariffs on steel and aluminium imported from China
India’s trade deficit rises $16.3 bn in January to $131.16 bn
15 Feb 2018
Exports from the country expanded 1.95 per cent to $24.38 billion in January 2018 while imports into the country vaulted 26.10 per cent to an estimated $40.68 billion