Finished steel imports from China hit a seven-year high over April-August while overall finished steel imports hit a six-year high of 3.7 million metric tons.
Biden administration puts in new curbs to counter low-value products mainly originating from China-founded e-commerce platforms. This comes 2 months ahead of US presidential elections.
US says if restrictions aren’t checked, India can’t be integrated into global supply chains. China raises FDI issue, EU says Covid has amplified barriers.
Tariffs will be eliminated on at least 92% of traded goods among the 15 nations that signed the RCEP. Meanwhile, some of India’s top 10 exports will face erosion in market share.
China imports between 2 million to 3 million tons of Australian barley, considered the best, as domestic production can not meet quality requirement of breweries.
US Secretary of State Mike Pompeo’s 3-day visit to New Delhi, starting Tuesday, may give India and US a chance to sort out some of the irritants in their ties.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Corps commanders signed an agreement on 21 October to pull back troops from eastern Ladakh’s two face-off points, following efforts on diplomatic front to ease tensions along LAC.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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