China complains about India’s “misguided trade remedy practices,” says they don’t help New Delhi’s cause

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India’s trade actions against China are misguided and will only make it more difficult for New Delhi to reduce the massive trade balance in favour of Beijing. The Chinese criticism followed India’s latest decision this month to launch a sunset or expiry review of the existing anti-dumping duty imposed on imports of flat base steel […]

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Gold, crude oil imports and rupee appreciation widened India’s trade deficit to 3-year high in December

India’s exports climbed at a healthy pace in December but imports rose faster thanks to increased imports of gold and crude oil, sending the trade deficit to a three-year high, government data showed. The increase in import bill for crude oil by almost 35 per cent added to the deficit. Gold imports increased 71 per […]

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