The latest step will see Hong Kong companies subject to the same trade war tariffs levied on mainland Chinese exporters, should they make products subject to these duties
Industry body has asked for policies to hike country's share in global merchandise trade to 5% and services export to 7% by 2025
Goyal said multinational companies who have invested in India can't claim the right to import in an unbridled manner
Export promotion policy on anvil, seeks to substitute Chinese exports
To boost 'self-reliant India' endeavour, Nitin Gadkari urged the industry to identify sectors heavily reliant on imports, especially from China, and look for substitutes towards indigenous production
Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May
JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY
Exports, which account for 55 per cent of the pie, are likely to decline by 3 per cent due to lower demand from key importing nations such as the US, Brazil and France
A licence or duty credit scrip obtained through misrepresentation is voidable but not void till it is cancelled
Though the June figure compares poorly YoY, it's much better than April and May
If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade
"The rationale for the June 30 midnight deadline is not very clear," said a government official.
However, the country could lose the currency edge if the monetary units of its competitors also decline, as in the case of Brazil, Indonesia and Turkey
Industry hails move, wants Government to allow N95 masks too
Currently, 3095 Bangladeshi products enjoy duty-free access to Chinese market under Asia-Pacific Trade Agreement (APTA).
Trade deficit at only $3.15 Billion as crude, gold imports continue to drop
Domestic players eager to compete but seek friendlier policy
He said, the pandemic has highlighted the global shortage of trained personnel in various sectors, especially in health care and the digital domain
Gopinath said that these are difficult times in terms of globalisation for dealing with this pandemic
Replying to a supplementary, the minister said India exports buffalo meat and fish to the tune of Rs 70,000 crore