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US Tariffs On China 'Rare Opportunity' For Indian Tools Industry: Niti Aayog
The US tariffs on China and rising costs offer a rare opportunity to India to redefine its role in the global tools export market, a Niti Aayog report has stated.
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Indian Exports Face Rising Costs Amid Houthi Attacks In Red Sea
The cost of Indian exports has more than doubled due to the Yemeni Houthi militia's attacks on ships in the Red Sea, industry officials said on Monday.
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Roberto Mancini Eyes Asian Cup As He Seals Lucrative Saudi Move
Roberto Mancini is the latest high-profile acquisition for the world's top oil exporter which has snapped up some of football's biggest players in a spree costing hundreds of millions of dollars.
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Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
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Stellantis May Come to India to Make Affordable EVs for Europe
Fiat parent Stellantis has concluded it can't currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. If India, with its low-cost supplier base, is able to meet the company's quality and cost targets by the end of 2023, it could open the doo...
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In Pre-Budget Meet, Farmers' Bodies Ask Centre To Lift Export Ban On Wheat
In a pre-budget consultation with the finance ministry, farmers' organisations on Tuesday asked the government to lift ban on exports of agri items like wheat and restrict import of products that cost below the minimum support price (MSP).
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Tesla Said to Be Considering Exporting Made-in-China Electric Cars to US
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker's deepening cost advantage at its Shanghai plant and slower demand from Chinese consumers.
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India Wheat Export Ban Hits Chewy Chapati Eating Punjabis In Singapore
India's ban on wheat exports since May has hit Singapore eateries serving soft chewy chapati, mostly for Punjabis, as the cost has gone up by three times on imports of the similar in quality staple north Indian basic food material from other countrie
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US Orders Nvidia, AMD to Stop Selling Top AI Chips to China
The US is restricting shipments of top AI chips by Nvidia and AMD to China. The move would affect Nvidia's A100 and H100 chips and prevent the shipment of AMD's MI250 chips to China.
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As US Plans New China Chip Curbs, Turmoil Looms For Fragile Global Market
Export restrictions being considered by Washington to halt China's advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains - and hurting U.S. businesses.
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What Does Rupee Plunging To 80 A Dollar Mean For You: Key Highlights
The rupee hit 80 per dollar for the first time ever on Tuesday, after breaching a series of all-time lows and falling over 7 per cent this year from about 74 at the start of 2022, tracking a rampant greenback. What does that rapid rupee weakening mean for you?
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JSW Steel To Maintain Europe Supplies Sans Export Tax Levy
JSW Steel will continue to supply products to European buyers without passing on any increase in costs despite Government imposing export tax
-
Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver
Government's decision to remove import duty on certain raw materials of steel industry will lead to lower costs for domestic steel manufacturers
-
Steel Products' Rates May Fall By 10% For Domestic Producers: EEPC
In the wake of rising input costs, especially primary steel, the government's decision to remove import duty on raw materials for the metal production would lower costs for domestic steelmakers and reduce prices by around 10 per cent, an Engineering Export Promotion Council official said on Monday.
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Grocery Shock For India, Others As Indonesia Bans Cooking Oil Exports
Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs for the likes of Nestle SA and Unilever Plc and heightening concerns about food inflation.
-
US Tariffs On China 'Rare Opportunity' For Indian Tools Industry: Niti Aayog
The US tariffs on China and rising costs offer a rare opportunity to India to redefine its role in the global tools export market, a Niti Aayog report has stated.
-
Indian Exports Face Rising Costs Amid Houthi Attacks In Red Sea
The cost of Indian exports has more than doubled due to the Yemeni Houthi militia's attacks on ships in the Red Sea, industry officials said on Monday.
-
Roberto Mancini Eyes Asian Cup As He Seals Lucrative Saudi Move
Roberto Mancini is the latest high-profile acquisition for the world's top oil exporter which has snapped up some of football's biggest players in a spree costing hundreds of millions of dollars.
-
Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
-
Stellantis May Come to India to Make Affordable EVs for Europe
Fiat parent Stellantis has concluded it can't currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. If India, with its low-cost supplier base, is able to meet the company's quality and cost targets by the end of 2023, it could open the doo...
-
In Pre-Budget Meet, Farmers' Bodies Ask Centre To Lift Export Ban On Wheat
In a pre-budget consultation with the finance ministry, farmers' organisations on Tuesday asked the government to lift ban on exports of agri items like wheat and restrict import of products that cost below the minimum support price (MSP).
-
Tesla Said to Be Considering Exporting Made-in-China Electric Cars to US
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker's deepening cost advantage at its Shanghai plant and slower demand from Chinese consumers.
-
India Wheat Export Ban Hits Chewy Chapati Eating Punjabis In Singapore
India's ban on wheat exports since May has hit Singapore eateries serving soft chewy chapati, mostly for Punjabis, as the cost has gone up by three times on imports of the similar in quality staple north Indian basic food material from other countrie
-
US Orders Nvidia, AMD to Stop Selling Top AI Chips to China
The US is restricting shipments of top AI chips by Nvidia and AMD to China. The move would affect Nvidia's A100 and H100 chips and prevent the shipment of AMD's MI250 chips to China.
-
As US Plans New China Chip Curbs, Turmoil Looms For Fragile Global Market
Export restrictions being considered by Washington to halt China's advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains - and hurting U.S. businesses.
-
What Does Rupee Plunging To 80 A Dollar Mean For You: Key Highlights
The rupee hit 80 per dollar for the first time ever on Tuesday, after breaching a series of all-time lows and falling over 7 per cent this year from about 74 at the start of 2022, tracking a rampant greenback. What does that rapid rupee weakening mean for you?
-
JSW Steel To Maintain Europe Supplies Sans Export Tax Levy
JSW Steel will continue to supply products to European buyers without passing on any increase in costs despite Government imposing export tax
-
Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver
Government's decision to remove import duty on certain raw materials of steel industry will lead to lower costs for domestic steel manufacturers
-
Steel Products' Rates May Fall By 10% For Domestic Producers: EEPC
In the wake of rising input costs, especially primary steel, the government's decision to remove import duty on raw materials for the metal production would lower costs for domestic steelmakers and reduce prices by around 10 per cent, an Engineering Export Promotion Council official said on Monday.
-
Grocery Shock For India, Others As Indonesia Bans Cooking Oil Exports
Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs for the likes of Nestle SA and Unilever Plc and heightening concerns about food inflation.
