If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade
"The rationale for the June 30 midnight deadline is not very clear," said a government official.
However, the country could lose the currency edge if the monetary units of its competitors also decline, as in the case of Brazil, Indonesia and Turkey
Industry hails move, wants Government to allow N95 masks too
Currently, 3095 Bangladeshi products enjoy duty-free access to Chinese market under Asia-Pacific Trade Agreement (APTA).
Trade deficit at only $3.15 Billion as crude, gold imports continue to drop
Domestic players eager to compete but seek friendlier policy
He said, the pandemic has highlighted the global shortage of trained personnel in various sectors, especially in health care and the digital domain
Gopinath said that these are difficult times in terms of globalisation for dealing with this pandemic
Replying to a supplementary, the minister said India exports buffalo meat and fish to the tune of Rs 70,000 crore
Exports zoom but job growth at 3-month low
The study pointed out that "any disruption of China's output is expected to have repercussions elsewhere through regional and global value chains."
It said Indian exporters of electronics, pharmaceuticals, speciality chemicals and automobile segments depend on China for raw material and are facing supply constraints
The company had sold 54,518 units in the same month last year
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
Interest rates will likely fall to 3.15% for export credit in dollar terms and 7.35% in rupee terms
Tensions between Iran and the US increased after an American drone strike killed top Iranian general Qasem Soleimani last week.
Govt also considering reducing duties on domestic sales
In Budget 2020 speech, the FM should state how she intends to return to the 7% track, and the hard decisions she will take to adjust to the realities of a slowing economy, writes T N Ninan
In his I-Day speech, the Prime Minister suggested that farmers should be exporters and that each of our districts must become an export hub for its specialty