In light of the recent clash between India and China, trade relations between the two Asian giants are poised for a rough ride. Dismissing rumours of lockdown reimposition, Prime Minister Narendra Modi said that there is a need to fight "rumours of lockdown." Amid escalating border tensions with China, traders' body CAIT has released a list of more than 500 Chinese products to be boycotted. Read for more top stories from the world of business and economy:
India imports about 14 per cent goods and services from China as compared to 5.3 per cent exports to it, which happens to be one of the world's biggest trade deficits between two nations.
PM Modi urged states to make full use of their existing testing capacity and work to boost health infrastructure.
India exports 5.35 lakh tonnes of Dexamethasone worth $15.34 million. US is the bigger buyer worth $5.17 million, Nigeria $ 1.88 million, Canada $1.02 million, Russian Federation $0.92 million and Uganda $0.91 million.
We often hear people say life insurance is a must for every earning person. However, no one rule applies to all. It is not uncommon for a working married couple to not have kids or their parents having their own pensions.
"We have raised some very important issues with the government today including cancellation of Delhi-Meerut RRTS project. It should be given to an Indian company instead of the Chinese firm," CAIT Secretary General Praveen Khandelwal said.