India will impose higher retaliatory tariffs on 28 US products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi. The new duties take effect from Sunday, a government notification said, in the latest trade row since US President Donald...
Local electronics giant Walton is, arguably, going through a purple patch. For instance, earlier this week, it flagged off shipments of 26,000 air conditioners to India's Hyundai and also inaugurated its sprawling lift manufacturing plant, both of which are firsts for Bangladesh. There appears to be no...
There is no problem between India and Bangladesh and the two want to work together to take advantage of future opportunities created by the rapidly changing world of finance, trade and money, said Indian High Commissioner Vikram Kumar Doraiswami. "There is nothing contradictory with Bangladesh and India's...
A strategy paper by the Indian commerce ministry has outlined steps like pushing exports, launching export incentive schemes, cutting import dependence and attracting foreign firms that are looking at shifting manufacturing bases from China to reduce trade imbalance. The paper was submitted recently to commerce and industry...
ভারতকে একটি উন্নত অর্থনীতির দেশ হিসেবে আখ্যায়িত করে যুক্তরাষ্ট্রের বাণিজ্য প্রতিনিধির অফিস (ইউএসটিআর) বলছে, ওয়াশিংটনের পক্ষ থেকে দেওয়া উন্নয়নশীল দেশগুলোর সুবিধা এখন নেওয়ার যোগ্য নয় ভারত। তাই ধারণা করা হচ্ছে, ভারত চাইলেও অগ্রাধিকারমূলক বাজারসুবিধা (জিএসপি) আর দেবে না যুক্তরাষ্ট্র। জিএসপি যুক্তরাষ্ট্রের দেওয়া সবচেয়ে পুরোনো...
Introduction The Covid-19 pandemic, which emerged as a multilayered global health crisis, has had a ripple effect of enormous proportions on the lives and livelihoods of people worldwide. Amongst those most significantly affected are developing economies, such as India and Bangladesh. The leadership and...
Jalinga Tea Estate will finish constructing India's first zero-emission tea factory in July. A worker a Jalinga Tea Estate in South Assam making biomass pellets from tea waste to fuel tea dryers India’s first carbon-neutral tea estate is constructing...
What is good business? The answer to that question will drive the fundamentals of business in the future. This discussion has been underway. In 2019, for instance, the European Union passed legislation to ensure full Environment, Social and Governance (ESG) disclosure by listed companies and investment funds. Goldman...
Cotton accounts for 51 per cent of the total raw material cost in the Indian textile industry and continues to remain at an elevated level, thereby pressurising domestic industry margins, according to India Ratings and Research (Ind-Ra). This raw material cost inflation has been difficult to pass...
Bata India, the leading footwear retailer, reported ₹6,794 million in net sales for Q4 2019, closing 7.4 per cent over corresponding quarter riding on growth from retail channel. This was weakened by a below expectation performance by e-commerce channel due to changed legislation for the industry and...