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BusinessToday.In
July 20, 2018
The Indian currency plunged 7 paise in trade today compared to yesterday's record low close of 69.05 against the US currency. The currency opened at 69.01 level today


Joe C Mathew
New Delhi, July 20, 2018
In terms of optics, the inauguration of the world's largest mobile phone facility of Samsung in Noida by Prime Minister Narendra Modi and South Korean President Moon Jae-in was undoubtedly the catchiest take away from the Korean leader's recent India visit.


Joe C Mathew
New Delhi, July 19, 2018
Maharashtra milk producers are getting Rs 16 to Rs 19 a litre of milk as against an average milk procurement rate of Rs 25 per litre in other milk producing states like UP, MP.


Mail Today Bureau
July 18, 2018
The imported products which have become more expensive include woven fabrics, dresses, trousers, suits, carpets and baby garments. This will have an impact on international brands like Burberry, Chanel, Fendi and Gucci which sell here garments made in other manufacturing hubs.


Reuters
New Delhi, July 17, 2018
The country is likely to end the marketing season on September 30 with inventory of 10 million tonnes, compared with 3.87 million tonnes a year ago, says the Indian Sugar Mills Association.


BusinessToday.In
July 17, 2018
Despite vociferous protests from solar developers, the Directorate General of Trade Restrictions (DGTR) has finally recommended that a 25 per cent safeguard duty should be imposed on imports of solar cells and modules from China and Malaysia for the first year.


BusinessToday.In
July 17, 2018
IMF said that the emerging market and developing economies have experienced \"powerful crosswinds\" in recent months, courtesy factors like higher yields in the United States, dollar appreciation, escalating trade tensions, geopolitical conflict, and rising oil prices.


BusinessToday.In
New Delhi, July 17, 2018
Changes in visa rules to have serious adverse consequences on US economy: Nasscom  Indian IT body Nasscom has said the recent work visa-related changes announced by the US will have \"potentially serious adverse consequences\" on the American economy as it will make it more difficult for companies to employ skilled foreign nationals to fill critical skills gaps in the US. One of the changes, which come into effect on September 11, allows US Citizenship and Immigration Service...


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


PTI
New Delhi, July 13, 2018
The trade deficit in June is the highest since November 2014 when the gap was $16.86 billion. Oil imports during the month were up 56.61 per cent to $12.73 billion.


PTI
July 13, 2018
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.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


Reuters
July 11, 2018
The Trump administration raised the stakes in its trade dispute with China, threatening 10 percent tariffs on a list of $200 billion worth of Chinese imports, sending stocks lower and prompting Beijing to warn it would be forced to respond.


BusinessToday.In
July 10, 2018
According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle (PV) sales rose to 2,73,759 units last month from 1,99,036 units in June last year.


Ananth Krishnan
July 10, 2018
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.


Prosenjit Datta and Rajeev Dubey
New Delhi, July 9, 2018
As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion


Dipak Mondal
New Delhi, July 9, 2018
The man at the centre of the government's mega tax reform, Finance Secretary Hasmukh Adhia, shares with Dipak Mondal his experience of seeing through the one year of GST.


Manu Kaushik
New Delhi, July 9, 2018
Business confidence slides in the first quarter of 2018/19 as businesses feel the pinch of GST and brace for policy inaction and higher interest rates, finds the latest Business Today-C fore Business Confidence Survey.


PTI
New Delhi, July 8, 2018
Dues from big wilful defaulters of Punjab National Bank fell by 0.87 per cent to Rs 15,354.52 crore on June 30 compared to previous month, the bank data has showed. Such borrowers had an outstanding of Rs 15,490 crore at the end of May 2018.


Reuters
July 6, 2018
U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the world's two biggest economies took a high-stakes turn towards all-out trade conflict.


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