FREE TRADE AGREEMENT
Trade deficit checks: Curbs on duty-free cigarettes, liquor proposed
While the government doesn’t maintain data on imports coming through the duty-free channel, liquor, cigarettes, chocolates and perfumes are the biggest purchases at Indian airport stores. “While there is no trafficking of these products at present, controls on duty free goods will lead to smuggling,” said an expert on condition of anonymity.
Need to have fairer, more equitable terms in trade relations: Piyush Goyal
Speaking at the World Economic Forum Annual Meeting 2020, the comm...
U.S. & China tiptoe around holes in new trade agreement
US and China signed an initial trade deal on Wednesday that will roll back some tarif...
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will be further margin expansion. This also includes some income from assets which comes once in a while. It is not a one-time extraordinary income, it just does not repeat every quarter. We have always guided this to be around 6.7-7%. We should have no problem keeping it this level which is more sustainable.
WTO will survive, but it will look different: Roberto Azevedo
Amid a growing clamour among the political class for protectionism over free trade, WTO chief Roberto Azevedo on Tuesday said the global trade body would definitely survive this wave but it might look different.
Trump hails China trade deal as 'much better' than expected
Trump also praised a new chapter in relations with Beijing, calling it "the best relationship that we've ever had with China in many, many years." "China respects us now," Trump said.
India, Uzbekistan explore PTA to push bilateral trade and business with Central Asia
Jaishankar and Kamilov evaluated the initiative of the India-Central Asia Dialogue at the level of Foreign Ministers with the participation of Afghanistan which was held in Samarkand, Uzbekistan in January 2019. The next Dialogue will be held in India in 2020. Kamilov stated that he looks forward to participating in it.
Trump, Merkel and Imran to visit WEF at Davos
The World Economic Forum Annual Meeting 2020, taking place on January 20-24, will focus on establishing stakeholder capitalism as a way of addressing the world's greatest challenges, from societal divisions created by income inequality and political polarization to the climate crisis we face today, the Geneva-based International organisation for public-private partnership has said.
Working with India on pact against unilateral US Sanctions: Sergey Lavrov, Russia’s foreign minister
Against the background of the increasingly aggressive use of financial sanctions by the US administration, Russian policy is aimed at gradual de-dollarisation of the economy. Together with our main partners, including India, we are working on developing economic and legal mechanisms to reduce the negative impact of restrictions, asserted Russia’s foreign minister.
GMR Airports wins contract for duty-free shops at Kannur International airport in Kerala
As part of its concession agreement signed with Kannur International Airport Ltd (KIAL), the airport arm of the GMR group will finance, develop, operate and manage duty-free shops (DFS) at the Kerala's fourth international airport for seven years, a release said.
FTAs with EU, Australia, Canada to help boost textile exports: AEPC
Free trade agreements with Australia, Canada, and the European Union will help boost the country's textile exports, an apparel export promotion body said on Thursday.
DGTR initiated 34 anti-dumping probe during Apr-Dec 2019: Commerce Ministry
The Directorate General of Trade Remedies is an investigation arm of the ministry which deals with anti-dumping duty, safeguard duty, and countervailing duty. These duties are trade remedy measures, provided under an agreement of the World Trade Organisation to its member countries. They are used to provide a level playing field to domestic industry.
Oil ends week steady as China growth offsets trade deal optimism
Brent crude futures were up 44 cents at $65.06 by 1014 GMT.
The $95 bllion centerpiece of the trade deal is already in doubt
Crude oil and gas prices rallied on Thursday, but soyabean, cotton and corn kept falling.
Oil steady as sluggish China growth offsets trade deal optimism
Brent crude futures inched down 4 cents to $64.58 by 0615 GMT.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service