Indian Subcontinent Industries Market

India’s trade deficit in merchandise rose to 24% to $15.44 billion

The merchandise trade deficit was $12.49 billion in December 2019.    The merchandise exports rose 0.14% in December from a year earlier to $27.15 billion, the data showed.   Imports grew 7.56 per cent to $42.59 billion in December, against $39.59 billion a year ago.   India’s trade deficit in goods widened to $15.44 billion Read More…

Asia Indian Subcontinent Opinion

Trade relations sore during Trump Modi era : Congressional report

Under the Trump administration, US-India tensions have increased over each side’s tariff policies, a Congressional report has said, noting that the two sides have also held concerted negotiations to address these trade frictions. The bipartisan Congressional Research Service (CRS), in its latest report, pointed out that India’s recent tariff hikes on cell phones and other Read More…

Banks Indian Subcontinent Market Opinion Protest

One day Flash All india Strike stoped Rs 18000 Crores worth transaction : Trade Union

Banking operations across the country were affected on Thursday with about 4.5 lakh bank employees joining the nationwide strike called by the central trade unions, said a top official of the All India Bank Employees’ Association (AIBEA).   He also said about 20 lakh cheques worth about Rs 18,000 crore could not be sent for Read More…

BJP Indian Subcontinent Industries Jobs Protest RSS Voice

Ten Trade unions to go on flash strike on Nov 26 against BJP anti labour polices

To protest against various policies of the central government, central trade unions in Indian will go on a nationwide strike on Thursday (November 26).   Various independent federations and associations are also part of the joint platform.   The strike is to protest against the new farm and labour laws, among others, as well as Read More…

Asia Market

SaudiArabia Iraq open trade border at Arar after a period of three decades

For the first time in 30 years, Iraq and Saudi Arabia have opened the Arar border crossing for trade the Iraqi border ports commission has said in a statement, Al-Jazeera reported.   Top officials, including Iraqi interior minister and the Saudi ambassador to Iraq, travelled from Baghdad to formally open Arar, where a line of Read More…

China Companies Indian Subcontinent Industries Jobs Market

China imports 29% and become highest finished steel Consumer from India

China bought 1.9 million tonnes, cornering 29% of India’s finished steel exports, which hit their highest in at least six years at 6.5 million tonnes, the provisional data analysed by Reuters.   During April-September, India’s overseas shipments of steel were primarily hot-rolled coils, a flat steel product used to make pipes, automobile parts, engineering and Read More…

Companies Indian Subcontinent Industries Jobs

September 2020 GST collections increase confirms Lockdown relaxations yields Sales

Though corona virus spread has increased and India become the world fastest cases per day in the global touching 6.4 million and ranks 2nd in the global list next to USA . But thanks to relax of lockdown and  gross GST revenue collected in the month of September rose sequentially to Rs 95,480 crore from Read More…

Industries Jobs Market

Q1 2020 : Exports fall drastically by 25.42% says Union Minister Piyush

India’s overall export (merchandise plus services) has declined by 25.42% during the period April-June, 2020 as compared to the corresponding period of the previous year, the ministry of commerce and industry said in a statement on Wednesday.   “The quick estimate of the Index of Industrial Production (IIP), released by the Ministry of Statistics and Read More…