US-China trade settlement: What's in it for India?
India and several Asian countries are not in the same league as the US when it comes to supplying quality goods from the industrial and agriculture sectors. Indian grains and vegetables have not been able to overcome testing requirements essential to access the Chinese market. But there are situations where trade logic does not work in its entirety.
Trade setup: Nifty needs to top 12,430 for sustainable breakout
The 12,290 and 12,335 levels will act resistance. Supports are at 12,200 and 12,150.
China bans wild animal trade until viral outbreak eases
China on Sunday ordered a temporary ban on the trade in wild animals as the country struggles to contain a deadly virus believed to have been spawned in a market that sold wild animals as food.
Gold imports dip 6.77 per cent during April-December 2019
Imports of the yellow metal stood at USD 24.73 billion in the corresponding period of 2018-19. The decline in gold imports has helped in narrowing the country's trade deficit to USD 118 billion during the period, against USD 148.23 billion a year ago. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.
FPIs pour in Rs 1,624 crore in January on US-China trade deal
FPIs invested a net Rs 13,304 crore in equities and withdrew a net Rs 11,680 crore from the debt segment between January 1-24.
China virus outbreak revives calls to stop wildlife trade
It's also raising questions about how it could happen again after the lessons learned from the 2002-2003 outbreak of SARS, or Severe Acute Respiratory Syndrome, which was traced to consumption of wild animals in the southern city of Guangzhou. Demand for wild animals in Asia, especially China, is hastening the extinction of many species, on top of posing a perennial health threat that authorities have failed to fully address despite growing risks of a global pandemic.
US pushes India to buy $5-6 billion more farm goods to seal trade deal: Report
US wants India to buy another $5-6 bn worth of poultry and farm goods for reinstatement of GSP benefits.
Trade halt between India and Pakistan worries traders in Punjab and Jammu and Kashmir
A recently published book assessing the impact of ongoing India-Pakistan faceoff on border economies—Unilateral Decisions Bilateral Losses-- claims that around 9000 families in Punjab, 600 traders and 300 laborers in J&K suffered heavily due to political strains between the two nuclear countries.
Initiate Call backspread on Nifty for Budget play, say analysts
The call backspread has potential for unlimited upside and limited downside.
Sebi plans to rationalise margin system in derivatives
The regulator is expected to come out with the new margining system this week.
Top intraday trading ideas for afternoon trade on Thursday, January 23, 2020
Exide Industries is a 'Buy' call with a target price of Rs 215 and a stop loss of Rs 193.
Pakistan says trade with India plunges significantly
The State Bank of Pakistan data in the first half of 2019-20 fiscal starting from July 1 showed that Pakistan's exports to India during the period came in at an insignificant USD 16.8 million as compared to USD 213 million in first half of 2018-19, Dawn news reported.
Insider trading by Indians on the rise in US
The illegal trading ring was active for nearly 3 years before being discovered last year.
Precious Metals: Gold, silver slump in futures trade amid low demand
Gold prices on Friday fell by Rs 242 to Rs 40,041 per 10 gram in futures trade.
India seeks provisions to check harmful fishing
The push was made in the first of the six clusters of fish subsidy talks held last week at WTO, aimed at securing a global agreement on reducing harmful fisheries subsidies by June this year, said officials familiar with the development.
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