India has imposed anti-dumping duty on five Chinese goods, including glass mirror and cellophane transparent film, for five years to guard domestic players from cheap imports from the neighbouring country. These duties were imposed as these products -- isopropyl alcohol, sulphur black, cellophane transparent film, thermoplastic polyurethane, unframed glass mirror -- were exported to India from China at below normal prices. In five separate notifications, the Central Board of Indirect Taxes and Customs, Department of Revenue, said that the duty imposed "shall be levied for a period of five years". The government has imposed the USD 82 per tonne and USD 217 per tonne duty on different Chinese firms on isopropyl alcohol, which has medical and industrial uses. It is also used as an antiseptic for skin and instrumentation, and hand sanitiser. On imports of sulphur black, whose total imports in 2023-24 was USD 4.3 million, a duty of up to USD 389 per tonne has been imposed. It is used fo
China has been among India's top two trade partners for close to over a decade, although New Delhi's import dependency on Beijing has been high as compared to exports
Meeting on margins of 16th Brics Summit, PM Modi and President Xi agree to stabilise and rebuild India-China bilateral relations
Bilateral talks reviewed from strategic and long term perspective, officials to take talks forward
Days after India and China firmed up an agreement on patrolling by their militaries along the LAC in eastern Ladakh, the Congress on Wednesday said it expects that the disengagement will restore the status quo ante as it existed in March 2020 and asked the government to take the people of India into confidence on the matter. The opposition party's assertion comes ahead of Prime Minister Narendra Modi and Chinese President Xi Jinping's bilateral talks on the margins of the BRICS summit in Russia. Congress general secretary in-charge communications Jairam Ramesh said many questions remain about the Modi government's announcement that an agreement has been reached with China on patrolling arrangements along the Line of Actual Control (LAC). "The Foreign Secretary has said that this is 'leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020'. We hope that India's worst foreign policy setback in decades is being honourably resolved," he
Over the last four years, the nuclear-armed neighbors had moved fighter jets, artillery and missiles closer to the boundary and deployed thousands of troops in a military buildup
India reaching an agreement with China on patrolling along the LAC in eastern Ladakh is a positive development as it would further create a friendly environment for trade ties between the two countries, say exporters. They added that the move would also provide comfort to Indian businessmen doing business with China. "Present disengagement will give mental comfort to Indian businessmen doing business with China. The Department of Commerce should identify 10 top imports from China and work on them to cut the imports," Mumbai-based exporter and CMD Technocraft Industries Saran Kumar Saraf said. He has a unit in China. India on Monday announced it has reached an agreement with China on patrolling along the Line of Actual Control (LAC) in eastern Ladakh. This is seen as a major breakthrough in ending the over four-year-long military standoff ahead of a likely meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Russia this week. Federation of Indian Export .
China on Tuesday confirmed that it has reached an agreement with India to end the standoff between the two armies in eastern Ladakh. Over a recent period, China and India have been in close communication through diplomatic and military channels on issues related to the China-India border, Chinese Foreign Ministry spokesperson Lin Jian told a media briefing here. Now the two sides have reached a resolution on the relevant matters which China speaks highly of, he said. Going forward China will work with India to implement these resolutions, he said. He, however, declined to provide details. On the bilateral meeting between Prime Minister Narendra Modi and President Xi Jinping on the margins of the BRICS summit at Russia's Kazan, he said, We will keep you updated if anything comes up. India on Monday announced it has reached an agreement with China on patrolling along the Line of Actual Control (LAC) in eastern Ladakh, in a major breakthrough in ending the over four-year-long milita
He further explained that the process will take place in phases, with each step aimed at reducing tensions
Prime Minister Narendra Modi on Tuesday arrived here to attend the 16th BRICS Summit, where he is likely to hold bilateral meetings, including with Russian President Vladimir Putin and Chinese President Xi Jinping. Landed in Kazan for the BRICS Summit. This is an important Summit, and the discussions here will contribute to a better planet, Modi posted on X after landing here. PM @narendramodi lands in the heritage city of Kazan, Russia. On arrival, PM was warmly received by the Head of the Republic of Tatarstan Rustam Minnikhanov, Ministry of External Affairs posted on X. India values close cooperation within BRICS which has emerged as an important platform for dialogue and discussion on a range of key issues concerning global developmental agenda, Modi said in a statement before embarking on a two-day visit to Kazan, about 900 km east of Moscow. The expansion of BRICS with the addition of new members last year has added to its inclusivity and agenda for the global good, he ...
Chinese Foreign Ministry spokesperson says China will work with India to ensure implementation of agreed resolutions
Once implemented, India-China border pact could see Indian Army return to patrolling along India's perception of the LAC in Depsang Plains and Demchok
The Brics summit, themed 'Strengthening Multilateralism for Just Global Development and Security' this year, aims to foster dialogue on issues ranging from economic cooperation to global security
India values close cooperation within BRICS which has emerged as an important platform for dialogue and discussion on a range of key issues concerning global developmental agenda, Prime Minister Narendra Modi said on Tuesday. Modi made comments in a statement before embarking on a two-day visit to the Russian city of Kazan to attend the 16th summit of the BRICS grouping. "The expansion of BRICS with the addition of new members last year has added to its inclusivity and agenda for the global good," he said. Being hosted by Russia, the summit is being seen as an attempt by non-Western powers to project their clout amid the conflict in Ukraine and the escalating situation in West Asia. Modi is set hold a series of bilateral meetings including with Russian President Vladimir Putin and Chinese President Xi Jinping on the margins of the BRICS (Brazil-Russia-India-China-South Africa). It will be the first summit of the grouping after it was expanded at its summit in Johannesburg last ..
External Affairs Minister S Jaishankar said India and China have reached an agreement on patrolling arrangements which would enable return of the situation before May 2020
Earlier in the day, Foreign Secretary Vikram Misri revealed India and China had reached agreement on patrolling arrangements along LAC in eastern Ladakh, which could lead to disengagement
Misri's statement today apparently pertains to Depsang and Demchok - the remaining two areas where the PLA remains in possession of Indian territory
Foreign Secretary Vikram Misri said on Monday that India and China have reached an agreement on patrolling along the Line of Actual Control in eastern Ladakh
Every year on October 21, India celebrates the Police Commemoration Day to honour the police officers who lost their lives in a battle in 1959 with Chinese troops at Hot Springs, Ladakh
At this stage you have an abundant supply of young laborers. And competitively, the wage rate in India is less than high medium income countries