trade

Asian shares fall to nine-month low as oil prices sink

Global shares prices came under pressure on Monday as oil prices briefly sank to fresh 5-1/2 year lows in choppy trade, doing little to allay concerns that some energy producers and exporters could find themselves in dire straits as revenues slump.

Dec 15, 2014, 12:44 PM IST

India, Russia to explore oil and gas; aim for $30 bn trade

The two sides agreed to step up efforts for enhancing bilateral trade in goods and services and set a target of USD 30 billion by 2025, it said adding "it is expected that the level of mutual investments by then will be over USD 15 billion each way."

Dec 11, 2014, 21:46 PM IST

China imports fall and export growth slows in November

China's stuttering economy suffered another blow in November as export growth slowed sharply and imports surprisingly contracted, government data showed Monday, resulting in a record monthly trade surplus.

Dec 08, 2014, 22:24 PM IST

China to push growth of outsourcing industry

China will develop international outsourcing of high-value-added services to create new advantages in foreign trade, its cabinet said on Wednesday, according to the official government website.

Nov 26, 2014, 21:28 PM IST

WTO postpones trade deal by a day after last-minute objection

The World Trade Organization postponed adoption of the first global trade reform in its 19-year history on Wednesday, delaying by a day after a last-minute objection from Argentina, diplomats said.

Nov 26, 2014, 21:24 PM IST

Govt targets $340 billion exports this year

Government has fixed an export target of USD 340 billion for the current fiscal, Commerce and Industry Minister Nirmala Sitharaman said Wednesday.

Nov 26, 2014, 17:49 PM IST

WTO's General Council to meet tomorrow in Geneva

The crucial meeting of WTO's General Council at Geneva, which was expected to approve the trade pact following resolution of differences between India and the US on the food security issue, has been postponed by a day.

Nov 26, 2014, 15:40 PM IST

FTIL shares up nearly 8% on MCX stake sale

Shares of Financial Technologies India Ltd (FTIL) today climbed nearly 8 percent in early trade after the company inked a pact with ace investor Rakesh Jhunjhunwala, Edelweiss Financial Services and others to sell its entire 5 percent stake in MCX-SX for Rs 88.41 crore.

Nov 26, 2014, 15:18 PM IST

Asian shares slip, oil edges down ahead of OPEC

Asian shares gave back some of their China-inspired gains on Tuesday, while oil prices stumbled as traders lowered their expectation of a significant output cut at this week`s OPEC meeting.

Nov 25, 2014, 09:53 AM IST

US seeks to step up India trade talks after WTO deal

The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India.

Nov 24, 2014, 15:33 PM IST

Eurozone exports rebound in September: Eurostat

The eurozone trade surplus widened in September, official data showed Monday, with a rise in exports offering rare good news for an embattled European economy that is worrying the world.

Nov 17, 2014, 18:04 PM IST

Trade deficit widens by 26.6% to $13.35 bn

India`s trade deficit in October increased by 26.06 percent at $13.35 billion, from $10.59 billion in the corresponding month of last year, government data showed Monday.

Nov 17, 2014, 17:57 PM IST

Exports dip 5.4% in Oct; trade deficit widens to $13.35 bn

Gold imports, which jumped manifold to USD 4.17 billion, increased the trade deficit to USD 13.35 billion during the month as against USD 10.59 billion in October 2013.

Nov 17, 2014, 15:41 PM IST

Brent gains after US crude stocks data, trades above $83

Brent crude rose above $83 a barrel on Thursday, bouncing further from its lowest level since 2010 after a lower-than-expected rise in U.S. crude stocks and solid U.S. job growth provided relief after a string of negative Chinese data.

Nov 06, 2014, 13:13 PM IST

Wider US trade deficit, weak exports point to slower growth

The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year.

Nov 04, 2014, 21:44 PM IST

US, China to hold trade talks in Chicago in December

The US and China will hold trade talks in Chicago in December to expand bilateral economic ties and address key agricultural and investment issues between the two countries.

Oct 28, 2014, 12:14 PM IST

Sensex up 49 pts in trade on fund inflows, reform hopes

Rising for the sixth consecutive session, the benchmark BSE Sensex gained over 49 points in Monday morning trade on sustained foreign capital inflows amidst hopes of more reforms by the government.

Oct 27, 2014, 10:09 AM IST

FTAs not hurting domestic manufacturing: Commerce Ministry

Brushing aside concerns of Indian industry over free trade agreements (FTAs), senior commerce ministry officials Monday said it has not led to any spurt in imports or export of raw materials.

Oct 20, 2014, 18:43 PM IST

India has until Oct 21 to back global trade deal: EU

India has until next Tuesday to support a global trade deal struck last year or risk being left out of the agreement to ease worldwide customs rules, the chairman of EU trade ministers said on Wednesday.

Oct 15, 2014, 23:42 PM IST

Switzerland hopes to resume India-EFTA free trade pact talks

Switzerland Wednesday expressed hope that negotiations along with three other countries on broad- based trade and economic partnership agreement with India would resume at the earliest.

Oct 15, 2014, 17:35 PM IST