Trade
No deal on US oil, price will decide
10 Sep 2018
![Ahead of 2+2, India’s oil imports from US soar as Iran oil keeps flowing Ahead of 2+2, India’s oil imports from US soar as Iran oil keeps flowing](/industry/oil_gas/images/oil_barrel_jun_sm_domain-b.jpg)
Ahead of 2+2, India’s oil imports from US soar as Iran oil keeps flowing
04 Sep 2018
Reports quoting government officials said the US trade deficit with India had been brought down by over $1 billion last year and India will also be importing oil worth $2.5 billion from the US this year, as part of its efforts
![BISTEC pledges peaceful, sustainable Bay of Bengal region BISTEC pledges peaceful, sustainable Bay of Bengal region](/economy/trade/images/narendra_aug_sm_domain-b.jpg)
BISTEC pledges peaceful, sustainable Bay of Bengal region
31 Aug 2018
The `Agenda 2030 for Sustainable Development’ adopted at the summit acknowledges the need for enhanced inter-linkages and inter-dependence within the economies and societies in the BIMSTEC member states
![India seeks China role in northeast connectivity plan India seeks China role in northeast connectivity plan](/economy/trade/images/connectivity_plan_aug_sm_domain-b.jpg)
India seeks China role in northeast connectivity plan
16 Aug 2018
After 20 rounds of border talks, India seems to have veered round to accepting part of China’s belt-and-road initiative that involves connecting the northeastern states with Bangladesh’s Chittagong port
![India’s July trade deficit hits a 5-year high of $18.02 billion India’s July trade deficit hits a 5-year high of $18.02 billion](/economy/trade/images/ship_aug_sm_domain-b.jpg)
India’s July trade deficit hits a 5-year high of $18.02 billion
14 Aug 2018
While India exported goods worth $108.24 billion in April-July 2018-19, imports into the country stood at $171.20 billion, showing a cumulative trade deficit of $62.96 billion
![India to respond to US import tariffs despite STA-1 status India to respond to US import tariffs despite STA-1 status](/economy/trade/images/modi_and_trump_aug_sm_domain-b.jpg)
India to respond to US import tariffs despite STA-1 status
04 Aug 2018
India will start imposing higher duties on select imports from the United States beginning 18 September as Washington refused to exempt Indian exports of steel and aluminium to the US from punitive tariffs
![India’s oil imports from Iran spike ahead of US sanctions India’s oil imports from Iran spike ahead of US sanctions](/industry/oil_gas/images/oil_barrel_jun_sm_domain-b.jpg)
India’s oil imports from Iran spike ahead of US sanctions
24 Jul 2018
Iran has now displaced Saudi Arabia as India’s No. 2 oil supplier after Iraq, as state-run refiners bought more oil from it ahead of the US-imposed embargo that comes into effect in November
![PM on a 5-day Africa tour; to sign defence, trade pacts with Rwanda PM on a 5-day Africa tour; to sign defence, trade pacts with Rwanda](/economy/trade/images/narendra_modi_06_june_sm_domain-b.jpg)
PM on a 5-day Africa tour; to sign defence, trade pacts with Rwanda
24 Jul 2018
Prime Minister Narendra Modi has left for Rwanda on the first leg of a five-day state visit to Africa that will also cover Uganda and South Africa
![India, Iran to maintain trade levels despite US pressure India, Iran to maintain trade levels despite US pressure](/economy/trade/images/india_iran_july_sm_domain-b.jpg)
India, Iran to maintain trade levels despite US pressure
19 Jul 2018
External affairs minister Sushma Swaraj will travel to Tehran for the next India-Iran Joint Commission meeting in November, which is the month US sanctions on energy trade take effect
![India’s June trade deficit hits a 5-year high of $16.61 billion India’s June trade deficit hits a 5-year high of $16.61 billion](/economy/trade/images/import_export_july_sm_domain-b.jpg)
India’s June trade deficit hits a 5-year high of $16.61 billion
14 Jul 2018
For the first quarter of the current fiscal (April-June 2018-19) exports from the country stood at $82.47 billion while imports climbed to $127.41 billion, registering a trade deficit of $44.94 billion
Russia, India look for ways to smoothen forex dealings amidst US sanctions
06 Jul 2018
Since all Indo-Russian transactions are denominated in US dollars, Indian banks are reluctant to process them fearing loss of American and European businesses
![Canada hits the US with $12-6 bn retaliatory tariffs Canada hits the US with $12-6 bn retaliatory tariffs](/economy/trade/images/log_cabin_jun_sm_domain-b.jpg)
Canada hits the US with $12-6 bn retaliatory tariffs
30 Jun 2018
The reataliatory measures that target a range of US products from orange juice and ketchup to steel, aluminum, yatchs and consumer goods, will come into effect on Sunday, 1 July
Featured articles
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Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
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COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
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India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
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History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
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History of Hovercraft Part 1...
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