Beijing : China on Monday said it would lower provisional tariffs on over 700 foreign products, including certain high-tech items, from early 2019, the media reported. Citing China's Finance Ministry, the state-run Global Times reported that the government would...
By Bappaditya Chatterjee, Bhubaneswar/Kolkata : Buoyed by increasing domestic demand on the back of infrastructural development, state-run National Aluminium Company Ltd (Nalco) plans to embark upon a Rs 25,000 crore brownfield and Rs 20,000 crore greenfield expansion...
By Vivek Puri, The Indian government wants to double the income of farmers by 2022. A roadmap prepared by NITI Aayog outlines the rationale, strategy and action plan for achieving this commendable milestone. We believe that such a plan needs a separate set of measures...
Doha : Qatar on Monday announced that it intends to withdraw from the Organization of Petroleum Exporting Countries (OPEC) after nearly 60 years of membership in order to focus on its plans to increase natural gas production. The planned January 1, 2019, withdrawal...
New Delhi : Two-fifths of the world's coal power stations, including in India, were already running at a loss, financial think-tank Carbon Tracker said in a first-of-its-kind study on Friday. It challenges the need for new coal generation and shows that it makes...
New Delhi : Amid the 'khat-khat' of the traditional handloom at the Turkish envoy's residence here, a family of Banarasi weavers crafted a pink-golden saree even as their patron and textile revivalist, Smriti Morarka, underlined the need to bring handloom weaving back...
New Delhi : India Resurgence Fund (IndiaRF), a joint venture of Piramal Enterprises and Bain Capital Credit, on Monday said it has invested $156 million in Chennai-based Archean Group's marine chemicals business. IndiaRF said in a statement that it has invested...
Geneva : The World Trade Organisation (WTO) has agreed to set up panels at its Dispute Settlement Body (DSB) to decide whether US tariffs on steel and aluminium imports comply with WTO rules, a trade official said here. On Wednesday, China and the European Union (EU)...
New Delhi : Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers. "We are looking...
Mumbai : In a Dussehra relief for consumers, state-run oil marketing companies (OMCs) cut the prices of key domestic transportation fuels -- petrol and diesel -- for the second consecutive day on Friday. The prices of petrol and diesel were lowered in the national...