US-Mexico deal 'very, very significant': Steven Mnuchin at G20
With Trump ready to impose five percent tariffs on all Mexican goods starting June 10, senior officials hammered out an agreement after three days of intense negotiations at the State Department.
IT firms likely to face volatility in banking, financial services space: Report
Some BFS firms have indicated greater shift to low-cost locations to manage costs, it said and added that overall the growth in technology budgets of BFS companies would be lower than 2018.
Global Markets: European shares boosted by rate-cut hopes before US jobs data
Wall Street futures signaled a positive opening for US markets as well.
Global Markets: Asia shares up on policy easing hopes, Yuan slips on PBOC signals
Those concerns blunted some of the optimism, with liquidity light during Asian trading as China and Hong Kong markets were shut for a public holiday.
India lost $13 billion to trade misinvoicing: Report
USD 13 billion can be converted to over Rs 90,000 crore as per the prevailing exchange rate.
Gold steadies after falling from 15 week peak; rate cut hopes support
Meanwhile on the trade front, Mexican and US officials are set to resume talks in Washington on June 6 aimed at averting an imposition of tariffs on Mexican goods.
3 Point Analysis | US recession risk: What it means for India
Moneycontrol's Jerome Anthony does a 3 Point Analysis of the US recession risk.
70 products in pipeline, Dr Reddy's bullish on China
A top Commerce Department official recently said India pressed China to import more Indian goods, especially pharmaceutical and IT products.
Engineering sector in a tight spot after GSP withdrawal: Expert
In 2018-19 fiscal, the engineering exports to the Land of Liberty stood at USD 331 billion.
India plays down Donald Trump's decision to remove US trade privileges
Twenty-four members of the US Congress sent the administration a letter on May 3 urging it not to terminate India's access to the GSP.
Buy Or Sell | Stay stock specific, trade cautiously
Dinesh Rohira, CEO, 5nance.com talks about positive market and stable economy reforms due to bjp victory
US advocacy group seeks India Trade Representative under PMO
USISPF is also recommending the new government to seriously look at a Free Trade Agreement with the US which encompasses mobility.
100-day agenda: DPIIT proposes to formulate national retail policy
This proposal is part of the 100-day action plan prepared by the department, under the commerce and industry ministry, for the new government.
India registers trade deficit with 11 RCEP members in 2018-19
According to the provisional trade data, India's trade deficit - the difference between imports and exports - with three countries (Brunei, Japan, and Malaysia) has in fact increased marginally in 2018-19 as compared to the previous fiscal.
India probes alleged dumping of digital printing plates from China, Japan, 3 other nations
Imposition of anti-dumping duty is permissible under the World Trade Organisation (WTO) regime.
US-China trade tensions may lead to dumping of Chinese goods in India: Ind-Ra
The India arm of global rating agency Fitch said that in the past, China has showcased such tendency and dumped its products at predatory rates in many markets, including India.
Global Markets: Asia shares shudder as Beijing talks tough
Oil futures firmed into a fourth session as rising tensions in the Middle East stoked fears of potential supply disruptions.
3 Point Analysis | India sees silver lining in trade war clouds
Sakshi Batra does a 3 Point Analysis of the concerns around tariff and trade and explains what it means for India.
WTO ministerial meet aims at re-energising multilateral trading system: India
As part of reforms in the WTO, the US is arguing that countries which are doing well in terms of economic growth and prosperity should not be allowed S&DT benefits.
China stocks stumble on tariff escalation, state buying seen
The Hong Kong stock market, returning from a holiday, shed 1.6% in its first reaction to the tariff retaliation.
Trade Talk | What is ailing India-US trade relations
The US has consistently used unilateral actions to force changes in India’s framework of policies and laws
Indian mills contract to export three million tonnes of sugar: Report
Mills have exported almost an equal amount of raw and white sugar for which the top four destinations are Bangladesh, Iran, Sri Lanka and Somalia.
China, US to hold more trade talks as Donald Trump ratchets up tariff threat
Trump issued orders for the tariff increase, saying China "broke the deal" by reneging on earlier commitments made during months of negotiations.
Taiwan wants India to improve bilateral ties in parallel with China: Report
The Bureau of Foreign Trade and Taiwan External Trade Development Council on May 8 announced that the second edition of ‘Taiwan Expo' will be held here on May 16-18.
