Lupin has sought more time from the commerce ministry to complete its project, with proposed...
Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata,...
GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport...
Bank of Baroda has joined hands with non-bank lender Srei Equipment Finance for infrastructure...
25-Jan2019
Amid huge trade deficit with the neighbouring country, apex exporters body, Federation of Indian Export Organisations (FIEO) has stated that India's exports to China jumped 32% to $8.46 billion in the June-November of 2018, as compared to $6.37 billion in June-November 2017. It added that the country was mainly benefited from the tariff war between the US and China.
FIEO President Ganesh Kumar Gupta said commodities that have exhibited high growth during the period to China include petroleum products, chemicals, cotton yarn, plastic raw material, and marine products. Growth in exports to China is beneficial for India as it has huge trade deficit with the neighbouring country. Trade deficit with China increased to $63.12 billion in 2017-18 from $51.11 billion in 2016-17.
Besides, India is taking several steps to promote shipments to China. Recently, it has managed to export agricultural goods such as non-basmati rice to China. Meanwhile, in June and September 2018, the US announced high customs duties on several Chinese goods. In retaliation, China also raised levies on American goods.
With positive market sentiments, the share of foreign portfolio investments (FPI) in domestic capital markets through participatory notes (P-notes) jumped to Rs 78,110 crore at the end of March. According......
The World Steel Association in its latest report 'Short Range Outlook April 2019' has said India's steel demand is likely to grow above 7 per cent in the current year (2019) as well as next year (2020).......
Easing concerns over farm and economic growth in the country, the India Meteorological Department (IMD) in Long Range Forecast for 2019 southwest monsoon rainfall stated that the country is likely to have......
Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......
Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......
GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......