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With the U.S. tariffs hitting hard, apparel and textile exports saw a 12.91% slump in October compared with last October. While textile shipments last month were worth $1,597 million, apparel exports were $1,069.42 million, as against $1,833 million (textiles) and $1,227 million (apparel) in October 2024. Exports of jute and carpets dropped 27.27% and 15.8%…
The latest order is aimed at further tightening the import of jute and products made from Bangladeshi jute. File | Photo Credit: Reuters A day after India imposed a fresh round of port restrictions on a range of jute products, officials here justified the move as necessary because Bangladesh’s subsidies were “killing” local Indian industries….
U.S. Vice President Kamala Harris and former President Donald Trump are neck and neck in the race for the White House. It is likely that if Ms Harris wins that many of her policies towards India will pick up where Mr Biden left off. There may be some greater emphasis on issues that are important…
Read More “US presidential elections 2024: a news analysis by Sriram Lakshman” »
Workers break cocoa pods at a farm in Sinfra, Ivory Coast. File | Photo Credit: Reuters The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country’s economy in a new direction. Over the past three years, the West African country — traditionally focussed on…
China’s Premier Li Qiang inspects a hydrogen refuelling truck as Executive Chairman of Fortescue Andrew Forrest (C) looks on at the Fortescue Hazelmere research and development facility in Hazelmere, a suburb of Perth on June 18, 2024. | Photo Credit: AFP Chinese Premier Li Qiang has ended his Australian tour on June 18 in the…
Since December 2019, over 20 appeals have been filed in the appellate body (AB) New Delhi: India has called for starting formal negotiations by WTO members to reform the dispute settlement body of the World Trade Organisation, as the present informal deliberations are creating hindrance for several nations to participate in the talks, an official…
Read More “India Calls For Starting Talks On WTO’s Dispute Settlement Body Reforms” »
During April-July, China was the second biggest steel exporter to India, after South Korea. New Delhi: India on Monday imposed an anti-dumping duty on some Chinese steel for five years, according to a government notification. On Sept 4, India’s steel secretary, Nagendra Nath Sinha, said New Delhi was monitoring the steel imports situation after the…
Read More “India Imposes Anti-Dumping Duty On Some Chines Steel For 5 Years” »