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Business Economy


Steel import increases after signing of bilateral trade free pact

New Delhi, Jan 1 (UNI) Some industry associations, including those relating to steel, have expressed concerns on imports under bilateral free trade agreements with Japan, Korea and ASEAN.
The volume of trade, including both exports and imports with these countries has increased since the signing of the bilateral trade agreements, official sources said here.
Notwithstanding a slight increase in trade deficit, the domestic industry has benefited from the trade agreements due to cheaper import of raw materials and intermediates from these countries for stimulating value added domestic manufacturing.
The sources added that the trade agreements have adequate trade remedial provisions for dealing with certain surges in imports that might threaten domestic industry.
UNI SW ADG 1845
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Two IT Parks coming up in Srinagar, Jammu: J&K Govt

02 Jul 2020 | 9:54 PM

Jammu, July 2 (UNI) Jammu and Kashmir Government on Thursday said that two IT Parks in Jammu and Kashmir for which land has already been identified.

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Private players in coal sector is need of the hour-MCL CMD

02 Jul 2020 | 8:54 PM

Bhubaneswar, Jul 2 (UNI) Commercialization of coal is the need of the hour for the nation to bring down outflow of valuable foreign exchange, Chairman-cum-Managing Director, Mahanadi Coalfields Limited (MCL) B N Shukla, said.

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Kalyan Jewellers strengthens leadership team with company’s first CEO, appoints two new directors

02 Jul 2020 | 8:05 PM

Kolkata, Jul 2 (UNI) Kalyan Jewellers today announced the appointment of its first Chief Executive Officer as well as the expansion of its board to include two new directors.

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The 127th Canton Fair Concludes, Establishing A New Trade Mechanism Online

02 Jul 2020 | 7:52 PM

GUANGZHOU, China, July 2, 2020 /PRNewswire/ -- The 10-day 127th China Import and Export Fair (Canton Fair) concluded with fruitful results and helped promote the development of international trade as well as further opening up of trade amid the COVID-19 pandemic. The event attracted registered buyers from a record-breaking 217 countries and regions.

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Jyothy Labs launches #VocalforLocal campaign supporting Aatmanirbhar Bharat

Jyothy Labs launches #VocalforLocal campaign supporting Aatmanirbhar Bharat

02 Jul 2020 | 7:00 PM

Kolkata, Jul 2 (UNI) Jyothy Labs Limited (JLL), one of the leading Indian FMCG companies launched a brand new television campaign today in support of the #Vocalforlocal appeal made by the Honourable Prime Minister Narendra Modi.

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