cGiven modern financial engineering, this effort is not absolutely straightforward, but it is one that many major economies are undertaking in an age of increasing geoeconomic contestation
Statista projects India's qcom revenues to double to $11 billion by 2030 as user numbers rise and platforms expand into more cities
Two additional Chinese carriers have applied to begin India-China flights, adding momentum to the gradual reopening of air links as bilateral ties improve
India has initiated a probe against alleged dumping of polyester textured yarn by Chinese companies into the country, following complaints by two domestic players including Reliance industries Ltd, according to a notification. The Directorate General of Trade Remedies (DGTR) said that Reliance and Wellknown Polyester in their applications have claimed that the cheap import of these yarns from China have caused material injury to the domestic industry and accordingly have requested the government to impose antidumping duty. On the basis of the duly substantiated written applications submitted by the applicants, and having reached satisfaction based on the prima facie evidence submitted by the applicants concerning the dumping of the products, "the Authority, hereby, initiates an anti-dumping" investigations, the DGTR has said. If it is established that these dumplings have caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on thes
In Oct, China's Guangzhou Baiyun International Airport announced the resumption of flights between the two nations, ending an over five years halt and signaling cautious easing of bilateral tension
EU urged to recognise domestic carbon costs as CBAM nears; SIMS easing and policy changes underway
This would unlock export potential of $6 billion for Indian pharma companies
Apple's key suppliers are expanding their factories, starting trial production and increasing investments in India as the company strengthens its manufacturing base beyond China
Imports of seamless pipes and tubes from China have increased by more than two-fold annually to 4.97 lakh metric tonnes in FY25, according to domestic manufacturers' body STMAI. The country had imported 2.44 lakh metric tonnes of seamless pipes and tubes from China in the preceding financial year. Imports in FY23 were 1.47 lakh tonnes as against the total shipment of 82,528 metric tonnes in the fiscal year 2021-22, the industry data showed. Seamless Tube Manufacturers' Association of India (STMAI) President Shiv Kumar Singhal said that imports of Chinese pipes have increased nearly five-fold in the last fiscal year compared to that of FY22. "Chinese pipe imports have increased exponentially over time...despite strong support from the Indian government through various safeguard measures aimed at protecting the domestic seamless pipe industry. These efforts have proven largely ineffective in curbing imports from China," Singhal explained. Chinese players are dumping seamless pipes i
The import approvals for goods from China and other countries will cover electronics parts, shoes, steel, household items, raw materials, and other daily-use goods
India's ₹7,300 crore plan to strengthen rare earth magnet production may face delays as China restricts exports of key processing equipment, raising costs and affecting project viability
A team from Reliance has travelled to China to speed up the work, one of the sources said
China has alleged that certain conditions in India's Production Linked Incentive schemes for advanced chemistry cell battery, automobiles and the policy to promote the manufacturing of electric vehicles violate global trade rules, and has filed a complaint against these measures at the WTO. According to a communication of the Geneva-based WTO, China has sought consultations with India on these measures under WTO's dispute settlement mechanism. Beijing has stated that measures adopted by India are contingent upon the use of domestic over imported goods and discriminate against goods of Chinese origin. These measures appear to be inconsistent with India's obligations under the SCM (Subsidies and Countervailing Measures) Agreement, the GATT (General Agreement on Tariffs and Trade) 1994 and the TRIMs (Trade-Related Investment Measures) Agreement. "...as a consequence of the foregoing, the measures at issue appear to nullify or impair benefits accruing to China, directly or indirectly,
India confirms ongoing talks with China for rare earth supplies, reiterating its commitment to international end-user certification norms and highlighting progress in bilateral trade
The National Critical Mineral Stockpile (NCMS) will hold a two-month reserve of rare earths, protecting against supply disruptions and later covering other critical minerals
China on Thursday described the resumption of direct flights with India after a five-year hiatus as a positive step, saying it demonstrated that both countries are "faithfully acting" on the understandings reached between Prime Minister Narendra Modi and President Xi Jinping to strengthen bilateral ties. Speaking at a media briefing, the first since the Chinese Foreign Ministry resumed its regular schedule following the eight-day national holidays, spokesperson Guo Jiakun said the flights would resume by the end of October. India had announced on October 2 that direct flights to China would resume from October 26. This is the latest move that demonstrates how the two countries are faithfully acting on the important common understanding between President Xi Jinping and Prime Minister Narendra Modi in Tianjin on Aug 31, Guo said in response to a question. Modi and Xi had met on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin and welcomed the positive ..
China has reportedly asked India to give a written assurance that heavy rare earth magnets imported from its firms will not be re-exported to the US and will be used only for domestic needs
Says no sector should be protected and markets need to be opened up globally
Albert Park tells that the 50 per cent US tariffs offer opportunities to India to diversify its export destinations
In September 2019, IndiGo entered the fray with a Delhi-Chengdu flight, and then added another from Kolkata to Guangzhou the next month, soon grabbing 16.8 per cent of the overall market