India extends anti-dumping duty on Chinese float glass for 3 months
Float glass, made by floating molten glass on a bed of molten metal, is used in sectors like construction. The duty of USD 218 per tonne was imposed for the first time on September 8, 2015 for five years.
View: Don’t shoot ourselves in our ports
The delays and uncertainty at ports are hurting our industries — especially pharma, auto and electro...
View: Interest groups are raring to hijack the atmanirbharta debate. Real economists must speak up
After 2009, central banks emerged as flawe...
China's economy remains resilient despite external risks, says Xi Jinping
The world's second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain stable expansion over the next several years to turn China into a high-income nation.
India's protectionism conflicts with aim to be the next China
It doesn’t look like India sees itself as the world’s next factory, which requires openness.
China's Xi Jinping warns "period of turbulent change" as external risks rise
Xi Jinping, chairing a seminar on Monday with a group of policy advisors and state economists, discussed the country's mid- to long-term economic trends in preparation for the drafting of the 14th Five-year plan.
Centre may take up Trump's foreign medicines restrictions during FTA talks, downplays impact
US President Donald Trump has signed an executive order that requires Washington to develop a list of essential medicines and buy them as well as medical supplies from American companies instead of from foreign countries like China.
How the next chief of World Trade Organization will be chosen and the task ahead
The WTO is a members-driven organisation with decisions reached by consensus among 164 countries. Three WTO ambassadors who chair leading committees will lead the process, seeking to establish which among the eight candidates from Mexico to Moldova, have the widest support.
India-UK move towards 'Early Harvest' trade pacts in JETCO meet
Minister of Commerce and Industry and Railways Piyush Goyal and UK Secretary of State for International Trade Liz Truss agreed to intensify the work of Working Groups through frequent meetings in order to achieve some of the Early Harvest Agreements.
View: India faces thorny question of how to determine 'country of origin'
Unlike the EU or US, India does not have rules to determine what is meant by ‘country of origin’ for purposes of Indian law, other than for the purposes of the FTAs. If the goods contain raw materials from Country A, are assembled in Country B, and manufactured in Country C, which is the ‘country of origin’? Most jurisdictions lay down a percentage of value-added as a kind of marker.
Trade multilateralism need to be sustained in post Covid world: Think-tank
Drawing from the historical role that multilateralism has played in fostering global peace and stability, Rohinton Medhora, President of Canada-based Centre for International Governance Innovation, said that “Not just the decline in the volume of trade, we need to understand how that undermined the values of the multilateral trading system”
India moves up a rank to become second-largest source of FDI for UK
The US remains the number one source of FDI for the UK, delivering 462 projects and 20,131 jobs, followed by India, Germany, France and China and Hong Kong. Australia and New Zealand were responsible for 72 projects and the Nordic and Baltic region 134, an increase for both regions.
Why being a part of the global value chain matters for India
Global value chains create more and better jobs, accelerate economic growth and reduce poverty.
Government may impose anti-dumping duty on a medicine from China
DGTR in a notification said that on the basis of the prima facie evidence submitted by the domestic industry about dumping of the product originating in or exported from China, "the authority, hereby, initiates an investigation".
Atma nirbhar Bharat call to help country capitalise on its inherent strengths: Venkaiah Naidu
Speaking at the virtual launch of 'Elyments' mobile app, Naidu said the "atma nirbhar Bharat" campaign was aimed at giving a new boost to the economic potential of the country by strengthening infrastructure, using modern technologies, enriching human resource, and creating robust supply chains.