Oil prices rose on Monday after the United States and China outlined a framework for a potential trade deal. The move raised hopes of improved relations between the world’s two largest oil consumers.By 0027 GMT (local time), Brent crude futures were up 46 cents or 0.7%, at $66.40 a barrel. US West Texas Intermediate (WTI) crude rose 46 cents or …
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New Delhi: Govt is unlikely to rush ahead with a package to aid exporters hit by Trump’s 50% tariff as it is yet to get a full assessment of the situation. Finance minister Nirmala Sitharaman told reporters she is seeking feedback from textiles and marine exporters, seen to be worst affected even as the impact on others such as gems …
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Representative image (TOI) Only around one fourth of the UK’s exports by value will receive immediate duty-free access to the Indian market, with most sensitive sectors remaining safeguarded, the government said on Friday, according to ET.Commerce secretary Sunil Barthwal, addressing the media, explained that product-specific rules of origin have been established. These include value-addition requirements designed to prevent transshipment and …
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Market experts anticipate sideways movement whilst following international developments, particularly US trade negotiations with India and China. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, traded in green on Wednesday. While Nifty50 went above 24,800, BSE Sensex was up over 520 points. At 10:00 AM, Nifty50 was trading at 24,819.40, up 135 points or …
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NEW DELHI: Govt has told industry that current discussions for the proposed trade deal with the US are focusing on products or tariffs lines, and has sensitised it about the possible rules of origin that will determine if an item qualifies for duty concessions or not.During a meeting on Friday, businesses were also asked to be prepared for reciprocal tariffs …
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