President Trump’s trade war strategy – featuring sweeping tariffs – has not curtailed China’s export machine. (AI image) Driving the news:Despite nearly a decade of US tariffs under President Donald Trump, China’s trade surplus has exploded, hitting $1.08 trillion through November – the highest ever recorded globally and a level China didn’t reach until year-end…
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India’s exports posted a healthy rise in November after a sharp fall in October, Commerce and Industry Minister Piyush Goyal said on Wednesday, indicating that outbound shipments had regained momentum despite global volatility. He did not reveal the numbers, with the commerce ministry set to release official data on December 15.According to PTI, Goyal said…
TEL AVIV/ NEW DELHI: India and Israel on Thursday inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, commerce & industry minister Piyush Goyal said.The ToR, which will be the basis for talks, includes market access for goods by eliminating tariff and non-tariff barriers, investment facilitation, simplification of customs procedures,…
NEW DELHI: Amid a threat of additional levies for trade ties with Russia, an official on Monday said that countries will decide on trade based on their interests.“…for each country, trade with other countries is based on their bilateral relationship, (it is) based on their economic requirement and these carry on. In addition, every country…
India and the US are finally close to locking in on a trade deal, sealing a pact which will address both the reciprocal and oil tariffs .Commerce secretary Rajesh Agrawal on Monday said that discussions are going on to close on a package which will include issues such as America’s market access to the country,…
Commerce and industry minister Piyush Goyal has indicated that India is keeping every option open as it looks at the possibility of restarting free trade agreement (FTA) talks with Canada. His comments follow a fresh round of ministerial interactions aimed at lifting bilateral engagement. Goyal said he recently held two rounds of discussions with Canada’s…
MUMBAI: Exit polls in Bihar that indicated a continuation of the NDA govt in the state, and positive news on the ongoing US-India trade negotiations lifted investor sentiment on Dalal Street on Wednesday. As a result, sensex closed 595 points (0.7%) up at 84,467 points while nifty on NSE closed 181 points (0.7%) higher at…
Amid ongoing reports of a possible trade involving Sanju Samson and Chennai Super Kings (CSK), former India spinner Ravichandran Ashwin has dropped a bombshell, revealing that Lusknow Super Giants (LSG) all-rounder Shardul Thakur has been traded to Mumbai Indians (MI).Ashwin made the statement on his YouTube channel ‘Ash Ki Baat’, adding another development to the…
US President Donald Trump on Thursday (local time) said that trade talks with India are “going good” and signalled that he might visit the country next year.Addressing reporters at the White House, Trump again shifted focus to the issue of Moscow’s crude oil, stating, “They are going good, he stopped buying oil from Russia largely….