Total imports from China at $58.7 billion were more than India’s combined purchases from US and UAE, the country's second- and third-largest trade partners, respectively.
The rebound in demand follows a nearly 80% drop in imports between January and June and comes as India slowly eases restrictions put in place to control the Covid outbreak.
A study of the 101 items put in the negative list shows that over one-fourth are already manufactured in India and have not been imported for a long time.
Indian start-ups are thinking creatively and using cutting-edge technology. But many of them are stuck at the stage of taking ‘ideas’ to ‘proof of concept’.
External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman will be in the US for talks with their American counterparts next week.
Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
This article is much better than what we get from Shivam day in and day out.