Page 10 - Trade

Why the world's container ships grew so big

As global trade has grown, shipping companies have steadily increased ship sizes - but the Suez Canal blockage showed that bigger is not always better

Oil falls as Suez Canal ship partially refloated, market weighs demand

Crude has been hit by rising volatility in recent sessions, with WTI swinging between gains and losses last week

India needs to return to more liberal trade regime: Arvind Panagariya

India needs to return to a very liberal trade regime as it can push growth into double-digit range, former Niti Aayog Vice-Chairman Arvind Panagariya said

Internationalisation of the rupee is 'inevitable', says RBI report

Internationalisation means the currency can be freely transacted by both resident and non-residents, and be used as a reserve currency for global trades

China back as India's top trade partner, despite govt's 'atmanirbhar' push

Total imports from China at $58.7 billion were more than India's combined purchases from the US and the UAE

China overtakes US, becomes European Union's biggest trading partner

According to news agency AFP, Britain which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and the United States, the agency said

Brexit effect: Amsterdam topples London as Europe's share-trading hub

The City of London had long warned of the consequences of leaving the EU single market without adequate provisions for trade in services

Maersk boosted by trade recovery during lockdown, but misses forecasts

Maersk's ocean shipping business, its largest division, "performed at record level in the quarter as a consequence of the strong rebound of demand," CEO Soren Skou said in a statement.

India's exports are on path of quicker recovery: Trade council

The country's exports have recorded a growth of 5.4 per cent in January

China's export growth seen slowing in December; imports steady: poll

Demand from coronavirus-hit trading partners cooled, while imports held steady, a Reuters poll showed

New farm laws likely to harm livelihood of small traders, says CAIT

The traders said after the new laws there was a danger of increasing monopoly in agriculture trade which would impact the livelihood of millions of small traders

UK confronts threat of food crisis as coronavirus surge blocks trade

The disruptions are exposing Britain's trade vulnerabilities just as a 4 1/2-year odyssey to leave the EU moves from political rhetoric to economic reality.

Trade imbalance causes container shortage; freight rates hit the roof

Fall in imports from China leads to shortage of containers hurting shipping lines, importers and exporters

Two routes to atmanirbharta: Why both China and India are looking inwards

While both have seen a drop in external trade in relation to GDP, the reasons are quite different - in China it is in part a problem of success, in India it points more to failure, writes T N Ninan

SCO members should leverage economic strength to boost trade: Goyal

The Covid-19 crisis is a clarion call to SCO member countries to leverage their economic strength to boost trade and investment in the region, Commerce Minister Piyush Goyal said on Wednesday

Despite coronavirus, Indian traders stock up in hopes of festive cheer

Businesses and shopkeepers expect more purchases than usual this year, beginning with Durga Puja on Thursday, because the months of lockdowns have resulted in pent-up demand

India and Norway review bilateral ties, aim to boost trade and investment

In a statement, the Ministry of External Affairs said the two sides also hoped for an an early conclusion of the India and EFTA (European Free Trade Association) trade negotiations

Bilateral trade pact with UK to focus on digital, F&B, health: UKIBC CEO

The first Indian to take charge as CEO of the influential council, Jayant Krishna tells Subhayan Chakraborty many UK firms are exploring India as a large incremental base for manufacturing and R&D

Japan economy shrinks 27.8% in April-June as Covid-19 slams consumption

Japanese media reported the latest drop was the worst since World War II

India posts first trade surplus in 18 years as coronavirus hits imports

Merchandise imports contracted 47.59 per cent in June to $21.11 billion from a year ago, while exports fell 12.41 per cent to $21.91 billion