India defers deadline to levy high tariffs on US products
India, for the second time, has extended the deadline for the imposition of higher customs tariffs on 29 products, including almond, walnut and pulses, …
India refuses to accept caps on steel, aluminium exports to the US
India has turned down a Donald Trump administration offer to waive tariff hikes on steel and aluminium in exchange for capping exports of these items at 70 per …
India’s non-ferrous metal firms raise concerns over New Delhi joining RCEP – report
India’s biggest non-ferrous metal companies have sounded a warning on the country joining the 10-member Regional Comprehensive Economic Partnership (RCEP) on …
Chinese aluminium gushes on to world markets on Rusal supply fears
China sustained a surge in aluminium shipments to world markets in August as buyers sought supplies from the largest producer to replace metal from the Russian …
Global platinum supply to contract by 2% in 2018, says WPIC
A further tightening of global platinum supply is expected, prompted by a reduction in the level of recycling in the jewellery sector, the World Platinum …
Surface mining trucks in Asia Pacific to grow by 2020: GlobalData
The global market for surface mining trucks is expected to grow steadily to 2020, primarily driven by the growing demand from mining companies operating across …
India’s gold imports in August 2018 double, hit 15-month high as prices drop: GFMS
India’s gold imports more than doubled in August 2018 to hit their highest level in 15 months as lower prices prompted manufacturers to replenish …
US duty hikes begin to hurt Indian steel; exports plunge by 42%
India’s exports of steel items to the US affected by sanctions slapped by the Donald Trump administration plunged 42 per cent in the June quarter, after duty …
India’s central bank buys gold for the first time in 9 years to diversify assets
The Reserve Bank of India (RBI) has said it added 8.46 tonnes of gold in its kitty during the last fiscal in its efforts to diversify the country’s foreign …
Indian economy may expand by 7.4 per cent in 2018-19, says think tank
Economic policy think-tank NCAER has retained India’s growth forecast for the current fiscal at 7.4 per cent citing comfortable agricultural sector …