The ongoing conflict in the Middle East has so far had a limited impact on Indian companies’ global trade exposure, but any escalation could pose risks to key sectors, CRISIL Ratings said in a report.While global crude prices have remained volatile amid the tensions between Israel and Iran, India’s direct trade with both countries is […]
In a major push for India’s port and maritime sector, Vadhvan Port Project Ltd, the firm behind what is set to become the country’s largest port—is gearing up to raise up to Rs 300 billion (approximately $3.5 billion) in debt, presenting lenders with a rare long-term investment opportunity. The Vadhvan Port Project Ltd, located just […]
Union minister for commerce and industry Piyush Goyal on Thursday said that India is in trade dialogues with the countries with whom it does not compete rather can complement with the economies involved.Speaking at an India Global Forum session on UK-India collaboration, the minister highlighted the opportunities that trade agreements create, both for the two […]
India-UK trade deal: The successful completion of FTA negotiations was confirmed by both nations on May 6. (AI image) Did you know that the India-UK trade deal was sealed during a walk in the park, and over an ice-cream? The Free Trade Agreement (FTA) negotiations between India and the UK reached their conclusion during an […]
Wall Street held steady in early trading on Wednesday as investors awaited the US Federal Reserve’s policy decision, with the S&P 500 flat, the Dow Jones Industrial Average unmoved, and the Nasdaq composite edging up 0.1%.Around 20 minutes into trading, the Dow Jones Industrial Average ticked up 0.2 percent to 42,277.37, as did the broad-based […]
For India, a primary concern revolves around the process by which the US will reduce duties. (AI image) India-US trade deal: With the Narendra Modi government and Donald Trump administration working to seal the first phase of the bilateral trade agreement at the earliest, India wants assurance that no further tariffs will be imposed.On April […]
Pakistan and the United States have agreed to intensify negotiations on reciprocal tariffs with the aim of finalising a bilateral trade deal through continued technical engagement, according to Radio Pakistan.The agreement was reached during a virtual meeting on Monday between Pakistan’s Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard Lutnick, where the two sides […]
China’s President Xi Jinping on Tuesday US President Donald Trump’s tariff imposition and said that the protectionist approach was “bound to harm others and oneself”.“Tariff wars and trade wars have no winners. Unilateralism, protectionism and hegemonism are bound to harm others and oneself,” AFP quoted Xi saying, citing state media Xinhua.He was speaking at the […]
Flag of United States and China waving together | Photo Credit: narvikk Amid tariff war with US, China increases its exports to other countries like India, European Union (EU), and the Association of Southeast Asian Nations (ASEAN) as per the May trade data, stated a report by the Global Trade Research Initiative (GTRI). The report […]
China’s shipments to India by 12.4 per cent to $11.13 billion. (AI image) Donald Trump tariff impact: China has increased its exports to countries like India amidst the ongoing trade issues with the US. According to a Global Trade Research Initiative (GTRI) report, China has expanded its exports to India, European Union (EU), and the […]
