[ad_1] Following the souring of ties, the interim government in Bangladesh has been imposing restrictions on Indian exports. Last week, India hit back with its own measures. Mint looks at the impact on bilateral trade and which of the two stands to suffer more from this dispute. What’s the latest in this trade war? On…
[ad_1] Economists are right to denigrate Trump’s trade policies. Other countries’ unfair trade practices are not the main reason for the US trade deficit and targeting bilateral trade imbalances is downright silly. While the trade deficit has contributed to the decline of US manufacturing, it is hardly the most important factor. Besides, it enables American…
[ad_1] Mumbai: Bulls made a smart comeback to the Indian markets on Friday, with benchmark indices climbing nearly 2% with some help from short covering and selective buying. Alongside, fear gauge India Vix cooled by 6% to 20.11, after spiking 66% on Monday. The upturn came on the back of rising hopes of a bilateral…
[ad_1] Negotiations will now proceed sector-by-sector, focusing on market access, tariff barriers and supply chain integration. Yet, the ‘Liberation Day’ tariffs of 27% make it clear that the US is setting the terms, using protectionist levers to shape the deal in its favour for its economic nationalism. Also Read: Trade war: Trump’s shock-and-awe tariffs only…
[ad_1] In response, both Canada and Mexico have announced retaliatory tariffs on key US industries, while Trump has vowed to impose “reciprocal” tariffs on “everybody across the board.” Also Read: Truth or dare: Close the deficit in clarity over the impact of Trump’s tariffs Since no other country wields as much influence over the world…
[ad_1] Zelensky: “I’m not playing cards. I’m very serious, Mr President. I’m very serious.” Trump: “You’re playing cards. You’re gambling with the lives of millions of people. You’re gambling with World War III.” Donald Trump told Volodymyr Zelensky that the latter had no cards no fewer than five times in the last 10 minutes of…
[ad_1] High-school physics textbooks tell us that the gravitational pull between two objects is determined by three factors—the weight of the two objects, the distance between them and a universal gravitational constant. The gravitational force is directly proportional to the mass of each object, while it is inversely proportional to the distance between them. This…
[ad_1] In this volatile environment, India must confront a critical but often overlooked challenge: labour productivity. Without determined efforts, our low labour productivity will continue to erode our economy’s growth potential, pushing it into a middle-income trap. Therefore, addressing this gap is not just a policy priority, but an existential imperative. Also Read: Worker scarcity:…
[ad_1] The “model BIT” referred to is the one released by the government in 2016 to overhaul India’s approach to BITs. While India had signed over 80 BITs between 1994 to 2011, it terminated 68 of them in 2016-17. Other countries did likewise, as the 1990s model followed globally was widely seen as outdated. India’s…
[ad_1] The government is proactive in safeguarding the interests of Indian exporters amid global trade challenges, according to Jitin Prasada, Union minister of state for commerce & industry. The government is strategizing to address potential hurdles arising from protectionist trade policies of other countries, Prasada said speaking at an event organised by the Engineering Export…
