Trade
Modi holds talks with China’s Xi, offers to host 2019 summit
27 Apr 2018
Modi is reported to have proposed a joint global leadership based on a new 'panchsheel' based on five positive elements of thought, communication, support, commitment and shared vision
India to invest over £1 billion in UK, safeguard over 5,500 jobs
19 Apr 2018
The UK has agreed to provide additional support to Indian investments by establishing a reciprocal fast-track mechanism, even as India welcomed the prominent role of the City of London in global finance and investment
China now comes up with China-Nepal-India corridor
19 Apr 2018
Like the China-Pakistan Economic Corridor that passes through Kashmir, China is looking to build an economic corridor that passes through Nepal to India
India moves WTO against US import tariffs on steel, aluminium
19 Apr 2018
India mantains that it in no way deserves to be saddled with the 10-per cent higher import duty on aluminium and 25 per cent on steel as it neither poses a security threat to the US nor has it remained unresponsive to the bilateral trade imbalance
India’s FY18 merchandise trade deficit hits $156.83 billion
13 Apr 2018
India exported goods worth $302.84 billion in April-march 2017-18 while the cumulative value of its imports for the period stood at $459.67 billion, which left a trade gap of $156.83 billion
India, Nepal to bolster defence ties, enhance connectivity and trade
07 Apr 2018
Prime Minister Narendra Modi said the two countries have agreed to lay a new railway line to link Kathmandu with India even as the two neighbours vowed to work together to stop misuse of their open border
India not to buy energy from Nepal’s China-built power projects
06 Apr 2018
While Nepal may prefer China for developing hydropower projects that would offer a cheaper alternative to highly expensive petroleum products from India, that country may not be able to sell power back to China
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
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