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There have been numerous calls to boycott Chinese goods in India since 20 soldiers were killed in a clash with Chinese troops in the Galwan Valley along the LAC in Ladakh | Photo: ANI

India working to restrict Chinese goods, investments since before Galwan, Covid: Officials

Modi govt has been working on a multi-pronged strategy since walking out of RCEP last year. LAC incident has only pushed the process, says top official.
Gunny bags of onions | Dhiraj Singh/Bloomberg

States don’t want the imported onions they asked for, govt worried about waste

Delay in the arrival of imported onions and availability of cheaper local varieties has led to states not picking up almost 6,000 MT of the kitchen staple.
Stock limits imposed on onions under the Essential Commodities Act led to skyrocketing prices late last year | File photo: PTI

Why Modi govt’s decision to ease fumigation norms for onion import has experts worried

Modi govt is importing more onions under relaxed rules to deal with supply & price issues. But experts fear for India’s agricultural biodiversity.
Illustration: Arindam Mukherjee | ThePrint

Trade deal or no deal, India’s economy needs systemic changes to stop under-performing

From electricity pricing reform to efficient dairying, an over-priced rupee to ineffective RBI rate cuts, a lot needs to change whether or not India signs RCEP.
Wagons Of Iron Ore Make Their Way To Port By Rail And Road

Mining industry braces for bleak year as leases expire and auctions get delayed

India's iron ore production will take a big hit as delays in auctions of mining leases, due to expire in March, threaten to push the domestic market to a deficit from a surplus.
Representational Image | Bloomberg

India’s trade gap widens to $15.36 billion as exports stay under pressure

Weak global demand as a result of trade war may further impact India’s exports and investment activity, the RBI had recently said.
US President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping in Beijing, China on 9 November, 2017.

US-China trade war: Here’s why the tariff tiff has stock markets in a fix

This week unleashed the third wave of tariff hikes in the ongoing US-China trade war, which started in January last year.
Bombay High

Modi govt promised to raise India’s crude oil output – but it actually dropped last 5 yrs

Higher crude imports went unnoticed due to global prices, analysts say. Modi govt says ‘made considerable progress, but it takes time’.
Representational image | Dhiraj Singh/Bloomberg

India may allow some imports from China to be settled in yuan

The plan would enable direct convertibility between the rupee and yuan and will help cut transaction and hedging costs.
Representational image

India wants oil producers & traders to fund $1.5 billion emergency oil reserve

Getting investors to build storage facilities will have twin benefits: reduce strain on state finances & shield economy against volatile oil prices.

On Camera

BJP leader Wasim Bari | @DrJitendraSingh | Twitter

Why BJP and RSS workers are the new targets of militants in Kashmir

The murder of BJP leader Wasim Bari in Bandipora is another reminder that we must be steadfast in our resolve to completely erase militancy from Kashmir.
A man outside Yes Bank branch in New Delhi | Manisha Mondal | ThePrint

Yes Bank to raise $2 billion in share sale to raise capital

The share offering will be from 15 to 17 July, according to a stock exchange filing. Shares of Yes Bank climbed as much as 5.6% on Thursday morning.

Defence

Representational image. A file photo of an Indian Air Force Cheetah helicopter. | Photo: Commons

Armed forces to limit flying Cheetah choppers as Covid hits spares production at HAL

HAL has reduced spare production for the ageing Cheetahs, and it has been communicated to the forces that the shortage is expected to last around 3 months.
Central Reserve Police Force (CRPF) men in Maharashtra | ANI

Read my lips, forget the camera

Say Central forces' angry soldiers. They need reform, committed leaders. And very sensitive handling.