India has initiated an anti-dumping probe into certain steel imports from China, Indonesia, and Vietnam following complaints from domestic players. The Directorate General of Trade Remedies launched the investigation into “Cold rolled flat products” after prima facie evidence suggested dumping caused injury. If established, anti-dumping duties will be recommended to ensure fair trade practices.
India probing alleged dumping of steel from China, Indonesia, Vietnam
Commerce Minister Piyush Goyal visited Singapore for three days. He met leaders and businesses to boost bilateral trade and investments. Discussions covered India’s growth and opportunities in manufacturing, infrastructure, and green economy. Goyal met Prime Minister Lawrence Wong to strengthen ties. Industrial cooperation and MRO sector growth were discussed. CapitaLand Investment committed to renewable energy […]
India immediately lifted its ban on de-oiled rice bran exports, ending restrictions imposed in July 2023. This move is expected to revive prices, which had halved, and boost production of both de-oiled rice bran for cattle feed and rice bran oil. The resumption will benefit the rice milling industry and help India reduce its significant […]
Govt lifts export ban on de-oiled rice bran
2 months ago
The government lifted the export ban on de-oiled rice bran, effective immediately, following industry requests to support processors and farmers. India also exempted various agricultural exports, including rice and wheat, to friendly neighbor Bhutan from existing restrictions. A one-time exemption permits 100 tonnes of wheat seed export to Indonesia.
India’s palm oil imports fell to a four-month low in September as refiners opted for cheaper soyoil, leading to a significant jump in soyoil imports. This shift, driven by price differences, is expected to weigh on benchmark Malaysian palm oil futures while supporting U.S. soyoil futures. Comfortable domestic palm oil stocks also contributed to the […]
Russian President Vladimir Putin looks forward to his December visit to India. He directed his government to address the trade imbalance with India. Putin emphasized the special nature of Russia-India relations. He lauded Prime Minister Narendra Modi as a balanced and nationally oriented leader. Russia intends to purchase more agricultural products and medicines from India.
Russian President Vladimir Putin on Thursday criticized U.S. efforts to pressure India and China to cut energy ties with Russia, saying both countries will not allow themselves to be “humiliated.” He warned that higher tariffs on Russia could raise global prices, force the U.S. Federal Reserve to keep interest rates high, and slow down the […]
Russian President Putin criticised U.S. efforts to pressure India and China into reducing energy ties with Russia, warning that higher tariffs could raise global prices, force the U.S. Federal Reserve to keep interest rates high, and slow the U.S. economy. He added that India and China “will not allow themselves to be humiliated.”
India and ASEAN trade negotiators will meet in Jakarta from Monday to continue reviewing the Asean-India Trade in Goods Agreement. While progress has been made, the review is not expected to conclude before the 22nd Asean-India Summit on October 27 in Kuala Lumpur.
GHCL Ltd, India’s second-largest soda ash producer, has sought anti-dumping duties on cheap imports from China and other global exporters, as surging shipments erode local margins. The company faces pressure from China’s massive surplus capacity, despite operating at 98% capacity and eyeing future demand from India’s solar energy sector.