But even if a first phase U.S.-China trade deal is signed soon, economists say it is unlikely to help boost exports and manufacturing for some time and could still mean more stimulus is needed from Beijing to avert a sharper downturn.
The commerce ministry's investigating arm Directorate General of Trade Remedies (DGTR) in September last year started a probe into an alleged subsidisation of exports of 'continuous cast copper wire rods' by these four countries.
A decision in this regard was taken at the meeting of an inter-ministerial committee, headed by Consumer Affairs Secretary Avinash K Srivastava, which reviewed the prices and availability of onions in the country.
New Delhi imported 38 tonnes of gold in October, down 33% from 57 tonnes a year ago, the source said on condition of anonymity as he is not authorised to speak to media.
"Imports are down by 13.9%, exports are down by 6.6%. Meaning, thousands of jobs are lost every month. 2. Bank credit declines by Rs. 80,000 crore in five months between March and August 2019. Meaning, there is practically no new investment," he said in the tweets.
In this episode of Editor's Take, Moneycontrol's Sakshi Batra talks to Deputy Executive Editor Gaurav Choudhury to find out how India can boost its exports.
The committee will be headed by Cabinet Secretary PK Sinha.
Coal imports were at 214.61 MT in 2017-18, according to provisional data by mjunction services, based on monitoring of vessels' positions and data received from shipping companies.
India, the world's seventh-biggest corn producer otherwise imposes a 60 percent import tax on the grain.
The ministry's investigation arm Directorate General of Trade Remedies (DGTR) in its findings after a probe has stated that imposition of definitive countervailing duty is required to offset subsidisation.
"China will further tighten restrictions of waste imports and eventually aims to realise zero waste imports by 2020," said Qiu Qiwen, director of the Ministry of Ecology and Environment's solid waste division, on the sidelines of a briefing.
Fall in imports of electronic items could signal improvement in deficit with China
Under the new system, which would come into force if Britain leaves the EU on March 29 without an agreement, tariffs would be retained but reduced for some agricultural products to protect British producers.
That left the country with a trade surplus of $4.12 billion for the month, the General Administration of Customs said.
The proposed policy will also provide support for skill development; incentives for smallholders, workers and entrepreneurs; and enforcement of regulations on quality and standards.
The top ten products exported by Pakistan to India include fresh fruits, cement, petroleum products, minerals, and leather. Processed minerals, inorganic chemicals, raw cotton including waste, cotton fabrics, and glass and glassware are also among such items that account for 95 per cent of the total shipments.
The country's total vegetable oil imports declined 3 percent to 12.75 lakh tonne in January this year compared to 12.91 lakh tonne in the year-ago period.
China is the world's largest trading nation, and the extent of the declines will be closely watched by international investors and policymakers as anxiety grows over cooling global demand.
Coal imports in November increased 10.1 percent to 19.47 MT, over 17.68 MT in the same period a year ago.
China, India, Japan and South Korea last month imported about 762,000 barrels per day (bpd) from Iran, according to the data, down 56.4 percent from a year earlier.
Coal imports by the world's top consumer of the material used for power generation, heating and steelmaking rose in the first 10 months of 2018 to 252 million tonnes, up 11 percent from a year ago and not far below last year's total of 279 million tonnes, according to official data.
The country's consumption jumped 14.6 percent to 102,000 tonnes in October, while production rose 8.1 percent to 67,000 tonnes, the Board said in a statement.
Net customs revenue reportedly grew 26 percent in the first six months of the current fiscal, higher than the 19 percent the government expects in basic customs duties
"Global disruptions offer a chance to increase Indian exports," Prabhu said at an event organised by the Confederation of Indian Industries (CII).
India allowed imports of 500,000 tonnes of petcoke per year by aluminium companies and 1.4 million tonnes of petcoke by calcined petcoke makers, a trade ministry notification posted by the DGFT on Twitter showed.