Canadian Prime Minister Justin Trudeau on Monday (local time) announced that retaliatory tariffs on US goods will go into force at midnight on Tuesday if the US tariffs on Canadian imports take effect.
In the first week of February, Trump announced 25 per cent tariffs on imports from Canada and Mexico and an additional 10 per cent on goods from China. Later on February 4, he paused tariffs on imports from Canada and Mexico for 30 days, saying that he had secured new commitments from the
India's toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB).
Apart from the ongoing negotiations for a Free Trade Agreement (FTA) between India and the EU, the ongoing war in Ukraine, the India-Middle East-Europe Economic Corridor (IMEC), and the bloc's commitment to decoupling from Russian energy imports are set to be the focus during the visit.
In the final quarter of 2024, the EU exported more goods to non-EU countries than it imported, resulting in a trade surplus of Euro 27.2 billion, according to figures published by Eurostat, the statistical office of the European Union. This marked the sixth consecutive quarter of a positive
The record-breaking surge in gold prices has dimmed the appeal of the retail jewellery demand. The drop in gold imports in January also indicates the pullback in demand.
India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.
Commerce Secretary Sunil Barthwal highlighted the robust export performance during April 2024 to January 2025, stating, "Our exports during April-Jan has seen a growth of 7.21 percent. During April-Jan we have witnessed USD 46 bn Dollar increase from the last year same period. During the sam
If the Indian government imposes safeguard duties on steel imports it will have a limited impact on the domestic steel Industry, says a report by HDFC Securities.
Taiwan plans to raise its defence spending to at least 3 per cent of GDP this year, President William Lai announced, emphasising the need to strengthen national security. The proposed increase comes amid growing regional tensions and US President Donald Trump's renewed push for tariffs on Ta
"Petronet LNG Limited is in the process of importing LNG for our country. We handle nearly 70-75 per cent of total LNG imports in India... Petronet LNG Limited is a key player in ensuring the security of natural gas availability across India," said Petronet LNG Limited's MD and CEO, Akshay K