Trade
US removes India from its currency watch list
29 May 2019
India starts FY19 with a $15.33 billion trade deficit in April
16 May 2019
India’s trade deficit grew 11.73 per cent year-on-year to $15.33 million in the first month of the current financial year (April 2018-19) with the country’s imports bulging to $41.40 billion and imports lagging far behind at $26.07 billion
India opposes EU proposal for e-commerce rules
13 May 2019
India’s proposal to safeguard the right of special provisions by amending laws on unilateral action by members on trade issues has found immediate support from China and South Africa
US cannot ensure cheaper oil to India, says Wilbur Ross
06 May 2019
Ross, who is in India, leading a 100-member strong delegation of top US companies from sectors such as aviation and defence, energy, healthcare, digital services, automotive, consumer goods and agribusiness looking for what India has to offer
US sanctions threat over Iran drives oil prices to $74.40/bbl
23 Apr 2019
The US move, which has taken market participants off guard, combined with curbs on Venezuelan oil and Opec cutbacks could drive up prices above the current levels, possibly back to levels above $100 a barrel
India's FY19 trade deficit hits $176.42 billion
16 Apr 2019
While the country’s exports increased 11.2 per cent to $32.55 billion in March 2019, its imports were much higher at $43.44 billion despite a slower 1.44 per cent increase during the month
PM Modi honoured with Russia's highest civilian award
12 Apr 2019
Besides the 'Order of Saint Andrew the Apostle' of the Russian Federation, Prime Minister Modi has received a string of awards, including the UAE’s Zayed Medal, the Seoul Peace Prize from the South Korean government, the UN’s Champions of the Earth Award and the Philip Kotler Presidential Award
India remains top recipient of remittances with $79 bn in 2018
09 Apr 2019
The value of global remittances sent to low-and middle-income countries increased by 9 per cent to $529 billion in 2018, with nearly half of it landing in five countries, including India, the Philippines, Egypt, China and Mexico, World Bank data showed
UAE honours PM Narendra Modi with the `Order of Zayed’
04 Apr 2019
UAE honoured Prime Minister Narendra Modi with the country’s highest civilian decoration, the Order of Zayed, for reinforcing historical and comprehensive strategic ties between the two countries
India’s April-Feb merchandise trade deficit hits $165.53 bn
18 Mar 2019
Cumulative value of India’s exports during April-February 2018-19 stood at $298.47 billion against imports worth $464.00 billion during the period
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