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  • Asian stocks rise on back of Wall Street; gold slips Dec 06, 2016 07:39 AM IST

    Asian stocks rise on back of Wall Street; gold slips

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent in early trade with Antiopodean markets leading gains. Korea climbed 1 percent in opening trades.

  • Indo-Pak clash: Climate project may become collateral damage Oct 14, 2016 10:03 AM IST

    Indo-Pak clash: Climate project may become collateral damage

    India has used its clout in a meeting of the Green Climate Fund (GCF) to torpedo an environment project in the Gilgit-Baltistan region, saying it was "flawed" and could lead to disastrous consequences for the region.

  • Govt extends MIP on 66 steel products for two months Oct 04, 2016 10:37 PM IST

    Govt extends MIP on 66 steel products for two months

    In August this year, the Directorate General of Foreign Trade (DGFT) had extended MIP on the same products of iron and steel till October 4. MIP had first come into place in February this year on 173 steel products in range of USD 341-752.

  • Arun Jaitley wants manufacturing sector to grow, offer jobs Jun 24, 2016 07:39 AM IST

    Arun Jaitley wants manufacturing sector to grow, offer jobs

    Finance Minister Arun Jaitley who is on a five-day visit to China has been meeting bankers and wealth fund managers there to pitch for more investments in India. Only three years ago, India was considered among the weaker links in the BRICS pool of countries, he said, adding that now the country has been able to keep up its reform agenda.

  • FY16 may be last year of capex declines for India: Nomura May 12, 2016 08:20 AM IST

    FY16 may be last year of capex declines for India: Nomura

    Our India strategists believe that FY16 may have been the last year of capex declines. Potentially favourable monsoons this year and additional spend in the economy by way of pay commission awards may add to the recovery later this year, says Mixo Das of Nomura.

  • India begins probe into steel dumping by 4 countries Apr 22, 2016 08:32 PM IST

    India begins probe into steel dumping by 4 countries

    India has initiated a probe into alleged dumping of a certain variety of steel products by four countries, including China, Japan and Korea, following a complaint by major producers.

  • Prefer India, Taiwan, Mexico, Korean market: Goldman Sachs Apr 21, 2016 08:54 AM IST

    Prefer India, Taiwan, Mexico, Korean market: Goldman Sachs

    Our preferred 'defensive' markets are India, Taiwan, Mexico and Korea, says Caesar Maasry of Goldman Sachs.

  • India begins probe into steel dumping by six countries Apr 12, 2016 08:32 PM IST

    India begins probe into steel dumping by six countries

    In a notification, DGAD has said it has prima facie found sufficient evidence of dumping of the goods originating in or exported from countries such as China, Japan, Russia, Korea, Brazil and Indonesia.

  • EM equities a value trap with weak earnings outlook: Survey Dec 20, 2015 11:33 AM IST

    EM equities a value trap with weak earnings outlook: Survey

    EM equities a value trap with weak earnings outlook: Survey

  • Floor price better than extra duty on some pdts: JSW Steel Dec 14, 2015 10:42 AM IST

    Floor price better than extra duty on some pdts: JSW Steel

    The government should take some urgent steps to prevent the steel sector from collapsing, says Seshagiri Rao, Joint Managing Director & Group CFO, JSW Steel. He says domestic steel producers are hurting from Korean and Japanese firms cutting their product prices.

  • Textile sect seeks more investment in man-made fiber units Oct 29, 2015 09:10 AM IST

    Textile sect seeks more investment in man-made fiber units

    This presents a great opportunity to increase the share of Indian MMF and textile and apparel industry should work together to increase it further. Kavita Gupta, Textile Commissioner, Ministry of Textiles stressed on the need of R&D in the textile and apparel industry, which needs to be addressed collectively and in time-bound manner.

  • Real rates too high; earnings so far not too bad: JPMorgan Oct 28, 2015 10:20 AM IST

    Real rates too high; earnings so far not too bad: JPMorgan

    Adrian Mowat, JPMorgan's chief Asian and emerging market equity strategist, says in the near-term, China, Taiwan and Korea are likely to perform better than India

  • India tops in trade facilitation in South-Asian sub-region Oct 22, 2015 11:55 AM IST

    India tops in trade facilitation in South-Asian sub-region

    The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), together with all four other UN regional commissions, has launched the first global report on implementation of measures to simplify import, export and transit procedures.

  • Govt may extend anti-dumping duty on cold rolled steel Oct 14, 2015 09:03 AM IST

    Govt may extend anti-dumping duty on cold rolled steel

    The Directorate General of Anti-Dumping and Allied Duties (DGAD), after 'Sun Set Review' on anti-dumping duty on 'Cold Rolled Flat Products of Stainless Steel', recommended that the duty should continue for another five years.

  • Govt may hike import duty on cool-rolled steel products Oct 13, 2015 10:20 PM IST

    Govt may hike import duty on cool-rolled steel products

    The levy if approved by the Cabinet will be imposed on all imports coming in from countries like US, China, Korea, Thailand, Africa and European Union (EU) countries.

  • India informs WTO about safeguard probe against steel items Sep 18, 2015 07:39 PM IST

    India informs WTO about safeguard probe against steel items

    To protect domestic steel sector that is grappling with low demand and high supplies, India imposed a 20% provisional safeguard duty on certain categories of the metal for 200 days, during which period the inquiry would be completed by the Directorate General of Safeguards (DGS)

  • 'India, Brazil offer investors highest nominal yields' Sep 16, 2015 07:21 PM IST

    'India, Brazil offer investors highest nominal yields'

    The assets of money market funds (MMFs) in Brazil and India have increased significantly compared with the decline seen in Canada and Taiwan and stable asset bases of funds in South Africa and Mexico, Fitch Ratings has said

  • Examining steps to check dumping in steel sector: Jaitley Sep 09, 2015 03:38 PM IST

    Examining steps to check dumping in steel sector: Jaitley

    The domestic steel producers have complained of surge in imports of steel products like hot-rolled steel and other variants from China, Korea, Japan and Russia.

  • Petrochemical & related industries to touch $280 bn by 2020 Aug 25, 2015 03:36 PM IST

    Petrochemical & related industries to touch $280 bn by 2020

    Petrochemicals are source of raw material for plastics, which are mostly used in packaging industry.

  • It's crucial for India to become part of RCEP: Comm Secy Aug 24, 2015 05:02 PM IST

    It's crucial for India to become part of RCEP: Comm Secy

    Commerce Secretary Rita Teaotia said three large pacts are being negotiated currently - Regional Comprehensive Economic Partnership (RCEP) agreement, Trans Pacific Partnership (TPP) and Trans-Atlantic Trade and Investment Partnership (TTIP) -- and it's important for India to be part of at least one.

  • SAIL Q1 posts net loss of Rs 321.64cr Aug 14, 2015 04:34 PM IST

    SAIL Q1 posts net loss of Rs 321.64cr

    Standalone total income of the Maharatna Public Sector undertaking fell by 16 percent to Rs 9,502.80 crore in the April-June quarter of this fiscal from Rs 11,341.20 crore in the same quarter of 2014-15.

  • Rupee less sensitive among Asia currencies to weak yuan: CS Aug 12, 2015 02:26 PM IST

    Rupee less sensitive among Asia currencies to weak yuan: CS

    Talking about the effects on Asian markets, Ray Farris of Credit Suisse says the most vulnerable countries are the ones which have an export basket similar to China‘s and exports a lot to China as an end user market.

  • ‘Hike in steel duty by 2.5% not of much help to Indian cos‘ Aug 12, 2015 02:00 PM IST

    ‘Hike in steel duty by 2.5% not of much help to Indian cos‘

    A 2.5 percent hike in steel duty is positive thinking on the part of the government, but will not help the industry much as the gap between domestic and imported steel prices is as high as 30 percent, says RK Goyal, Managing Director, Kalyani Steel

  • Duty increase won't deter Korea, Japan dumping: JSW Steel Aug 12, 2015 12:29 PM IST

    Duty increase won't deter Korea, Japan dumping: JSW Steel

    After the duty increase of 2.5 percent last time, in fact the imports from Japan and Korea have gone up, says Seshagiri Rao of JSW Steel.

  • How to anger Asia, Fed in one go: Devalue the yuan Aug 12, 2015 11:51 AM IST

    How to anger Asia, Fed in one go: Devalue the yuan

    A new Asian currency war and a delayed Federal Reserve rate hike; these are the potential market-shaking implications of Beijing's decision to devalue the yuan, strategists told CNBC

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