Japanese cars could end up being sold at lower prices than South Korean cars such as Hyundai Motor Co. in the American market when U.S. tariffs on Japanese automobiles drop from 27.5 percent to 15 percent on Tuesday.
The withdrawal of some Western companies from the Russian market has created significant voids across key sectors, opening up new opportunities for Indian MSMEs and other companies, said Dmitry Zavgorodniy, Chief Executive Officer (CEO) of ITE Group, a Russian company.
According to The New York Post, one of the tankers that caught fire had the ability to carry up to 700,000 barrels of oil. The fires were later put out, but it remains unclear if loading operations have resumed.
Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report.
Vivek Vikram Singh, Managing Director and Group CEO of Sona Comstar, has urged the government to hold discussions with China to address the supply constraints around rare earth metals that are vital for the auto component industry.
India and the European Union (EU) have reaffirmed their commitment to the early conclusion of ongoing Free Trade Agreement (FTA) negotiations between the two sides.
Saurabh Dalela, Director, International Centre for Automotive Technology (ICAT), said Indian vehicle safety testing certification facilities can help in vehicle exports.
Battery as an alternative to diesel traction is gaining momentum across the world, said Champak Panda, Managing Director of Alstom India's Rolling Stock & Components division.
This significant development for India's seafood industry reflects the growing confidence in India's food safety and quality assurance systems and marks a major step forward in enhancing market access for Indian seafood products, especially aquaculture shrimps and Cephalopods (squid, cuttlef
The United States' tariff action on Indian exports may not significantly impact the current financial year, but prolonged duties could affect investment sentiment, Chief Economic Advisor (CEA) to the Government of India, V Anantha Nageshwaran said on Wednesday.
New Delhi [India], September 10: In a move poised to reshape India's export ambitions, global exhibition major ITE Group is bringing its strategic international roadshow to India with two high-impact B2B showcases, in Delhi on 10th September and Mumbai on 12th September. Designed to open rea