Trade
After Nirav Modi-PNB scam, RBI bans LoUs, Letters of Comfort
14 Mar 2018
The Reserve Bank of India has banned banks from issuing Letters of Undertaking or Letters of Comfort in the wake of the Rs1,400 crore Punjab National Bank fraud, though Banks can continue to issue guarantees and letters of credit
Trump authorises tariffs on steel, aluminium imports
09 Mar 2018
The United States is the largest steel importer in the world and the order could hit South Korea, China, Japan, Germany, Turkey and Brazil the hardest
King Abdulla promises all help to Indians to invest in Jordan
01 Mar 2018
The Jordan-India business forum discussed means to enhance cooperation between the two countries with special focus on investment, trade, education, industry, health, agriculture, mining, telecommunication, tourism and energy
India, Canada agree to expand ties, combat terror
24 Feb 2018
Canada failed to conclude a Foreign Investment Protection and Promotion Agreement with India, although visiting Prime Minister Justin Trudeau managed to obtain investment commitments worth around $1 billion from Indian investors
Trump adminstration tightens H1-B visa rules for third-party worksites
23 Feb 2018
H-1B visas are issued for periods less than three years and the new rules could shorten this further and altogether reverse the tradition of issuing H-1B visas for three years at a time
China warns of retaliation if US slaps penal duties on its steel, aluminium
17 Feb 2018
China has warned of retaliatory action if the Unites States opted to impose penal tariffs on steel and aluminium imported from China
India’s trade deficit rises $16.3 bn in January to $131.16 bn
15 Feb 2018
Exports from the country expanded 1.95 per cent to $24.38 billion in January 2018 while imports into the country vaulted 26.10 per cent to an estimated $40.68 billion
German carmakers slam India’s customs duty hike
14 Feb 2018
Asean leaders begin arriving in Delhi for summit
24 Jan 2018
Commerce ministry wants price curbs on most farm exports lifted
22 Jan 2018
The draft agricultural export policy is likely to limit minimum export price restrictions to most essential items like rice or wheat and leave commodities like potatoes and onions out of export price controls
India’s April-December trade deficit at $114.86 billion
16 Jan 2018
Trade deficit for April-December 2017-18 show a more than 50 per cent increase from the $76.55 billion shortfall in April-December 2016-17.
Netanyahu, Modi hail ties as India, Israel sign 9 agreements
15 Jan 2018
Besides seeking greater recognition of Israel's status as a strategic partner of India and an increase in trade and investments by India in Israel, Israel is working to salvage the recently terminated $500 million anti-tank Spike missile deal
US looks at long term military ties with India: Kenneth Juster
12 Jan 2018
US Ambassador to India, Kenneth Juster, has suggested that India can be an alternative market for US investors that have difficulties conducting business in China, and become a hub for US business in the Indo-Pacific region
Featured articles
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!
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.
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.
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
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
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
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