Trade 2

F&O traders using Zerodha took to Twitter after glitch left trades hanging

Many took to Twitter to express their displeasure and tweets with the company hashtags were trending.

Buyer-seller meet in New York to help explore trade opportunities: TPCI

It said huge trade potential exists between the two countries and such meet provides a platform for businesses of both the sides to explore those opportunities.

Cabinet to soon consider India-Mauritius free trade agreement for approval

In a free trade agreement, two trading partners cut or eliminate duties on majority of goods besides liberalising norms to promote services trade and boost investments.

Govt probing into alleged jump in phenol imports

In the probe, the directorate would see whether the imports has increased significantly and it has caused or threaten to cause serious injury to domestic producers of like and/or directly competing products.

Trade ministry recommends 5% import tax hike on refined palm oil from Malaysia

India currently imposes a 40% import tax on crude palm oil and 50% on refined palm oils.

Relations between India and UAE are 'at their best ever': PM Modi

The Prime Minister believes that his third visit to the UAE, in the last four years, reflects the desire and will of the two countries to sustain the momentum achieved in the bilateral relationship.

PM Modi, Abu Dhabi crown prince discuss 'strong' India-UAE ties

Welcoming Modi, the crown prince expressed gratitude to his "brother" for visiting "his second home".

PM Modi launches RuPay card in UAE

RuPay card scheme was launched in 2012 to fulfill the Reserve Bank of India's vision to have a domestic, open and multilateral system of payments.

Gold soars 2% after Powell speech, Donald Trump tweets

Jerome Powell's speech prompted a backlash from Trump on Twitter, asking whether the Fed chair was a greater "enemy" than China's leader Xi Jinping.

Donald Trump hits back at China with more tariffs amid escalating trade war

Since the commencement of trade war last year China and US have so far hit each other with punitive tariffs covering billions of dollars in two-way trade.

FOMC minutes: Fed may go beyond ‘recalibration’; all eyes on Jackson Hole meet

US-China Trade War | The global economic environment is at an inflection point

The escalating US-China crisis is more than a mere bilateral dispute between two major powers. It underscores the unravelling of the post-Cold War consensus on global economics and politics.

Trump and WTO | India must be prepared by reshaping its strategy

Going by his previous actions where he has gone back on many multi-lateral agreements, the world cannot ignore Donald Trump’s threat to pull out of the WTO as just another political rhetoric.

Traders body calls for boycott of Chinese goods, seeks up to 500% import duty

The CAIT has "given the call to boycott Chinese products to make China understand the repercussions of supporting Pakistan".

Oil rises alongside equities, but downbeat OPEC outlook caps gains

OPEC's efforts have been undermined by worries about the economy , as well as rising US stockpiles of crude and higher output of US shale oil.

See 40% chance of a recession in the US before the 2020 Presidential election: Ray Dalio

He feels countries across the globe would look to weaken their currencies to boost growth as it makes exports cheaper

Japan exports seen shrinking for 8th month in July, core inflation weak

Many export-reliant economies such as Japan have been hit hard by the Sino-US tariff row, which has already upended supply chains and undermined global trade, investment and corporate earnings.

Oil rises as US retail sales ease recession fears

An inverted Treasury yield curve is historically a reliable predictor of looming recessions.

Veg oil imports up 26% at 1.4 million tonnes for July: Trade body

The country's imports of palm oil in July stood at 812,805 tonnes, while soy oil imports were 319,606 tonnes.

GSP roll-back: Exports of goods under tariff system to US up 32%

The US rolled back export benefits to over 1,900 Indian goods from June 5. These incentives were provided by America under its Generalised System of Preference programme.

India's coal import rises 29% to 24 MT in June

India's coal import during June through the major and non-major ports is estimated to have increased by 2.42 percent over May 2019.

India exporting defence equipment to friendly countries: Defence ministry official

Ajay Kumar added that all types of components made by Indian defence production units were being bought by large and reputed companies worldwide.

Oil rises on European stock draw despite demand slowdown forecast

Oil prices rose after Euroilstock data showed total crude and product inventories of 16 European nations in July were slightly lower than in June.

Gold gains as trade concerns weigh on global markets

Gold rose above $1,500, its highest in more than six years, en route to its best week since April 2016.

Pakistan formally suspends trade ties with India

India has said Jammu and Kashmir was an integral part of India and the issue was strictly internal to the country.