While intraregional trade accounts for 50 per cent of total trade in East Asia and the Pacific and 22 per cent in Sub-Saharan Africa, it forms only 5 per cent of South Asia's total trade.

During the talks External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman had with US Secretary of State Michael R Pompeo and Defence Secretary James Mattis, the two countries also decided to set up new hotlines between them.

Ira Kalish, Chief Global Economist, Deloitte, Touche Tohmatsu, talks to Prosenjit Datta, Rajeev Dubey and Joe C. Mathew on how India can do well in spite of trade wars, oil, the state of the global economy and the future of global trade.

While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760.  The Sensex has gained over 14% since the beginning of this year. The Nifty too has not been far behind. The index is up 11.50% since the beginning of 2018.

The Sensex has gained over 14% since the beginning of this year. The Nifty ,too, has not been far behind. The index is up 11.50% since the beginning of 2018.

At 9:36 am, the Sensex was trading 114 points higher at 38808 level. The Nifty gained 26 points to 11,718 level. NTPC (2.77%), Coal India (1.56%) and Vedanta (1.06%) were the top Sensex gainers.

In 2016, the US had recognised India as a major defence partner - a move which paved the way for country's STA-1 status. Both the countries had reached an understanding under which India would receive license-free access to a wide range of dual-use technologies.

Banga refers to the indictment of 12 Russian intelligence officers in the hacking of the DNC and for interfering in the US elections, saying the FBI had disclosed the Russian agents handled the most delicate transactions using Bitcoin.

It has also been agreed that South Korea would permit Indians to set up yoga training institutes and send yoga trainers, while the Korean would do the same for Taekwondo.

India has particularly pressed China to open up its market for pharmaceuticals. There is widespread demand in China for Indian anticancer drugs which are often one-tenth the cost of the Western drugs that are available in China.

Arun Jaitley calls for amendments in graft law, says it's anarchic and hurts decision makingUnion Minister Arun Jaitley on Tuesday called for amendments in the Prevention of Corruption Act -- a graft law that the Minister described as anarchic and one of the most badly drafted pieces of legislations. His statement came weeks after the Pune police on June 21 arrested the entire top management of the state-run Bank of Maharashtra for a loan of Rs 94.5 crore to the scam-tainted devel...

Trump, who has repeatedly raked up the issue of India imposing high import duty on the iconic Harley-Davidson motorcycles - which, in fact, is partly responsible for the current trade tension between the two countries - claimed he was \"surprised\" by the move.

The clear and present danger of personal data being leaked or stolen has been recognised. But India's proposed law to prevent it needs to work out several issues before it can be finalised.

In changes to its immigration policy tabled in Parliament yesterday, the UK Home Office announced a relaxation of the Tier 4 visa category for overseas students from around 25 countries, excluding India.

The EU has launched its first counteroffensive against Washington's punishing steel and aluminum tariffs while the US began meetings in Canada with outraged finance ministers from its top trading partners.