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Rupee falls 28 paise to close at 96.03 against US dollar

Mumbai: The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk...

Piyush Goyal

India eyes UAE as key LNG, LPG source: Piyush Goyal

Mumbai: India is exploring the possibility of strengthening its energy partnership with the United Arab Emirates (UAE) by sourcing more liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Gulf nation, while also working on expanding strategic petroleum reserves to bolster the country's...

Pic Credit: Reuters

Trump asked Xi about buying US arms: Ambassador

Washington: President Donald Trump has justified the pending US arms sale to Taiwan to Chinese President Xi Jinping by downplaying it as just one of many sales Washington makes around the world -- even asking Xi if he'd be in the market for US arms,...

US grants India tariff relief on specialty drugs

Washington: India has been included among countries eligible for zero US tariffs on several categories of speciality pharmaceutical products and ingredients, offering targeted relief to one of America’s leading sources of medicines. The US Commerce Department published the list as Washington prepares to impose a...

US partially lifts duties on Indian aluminium can stock

Washington:  The United States has partially lifted antidumping and countervailing-duty orders on certain aluminium can stock imported from India. The US Commerce Department announced the final results of its changed-circumstances reviews in a notice applicable from September 24. The decision covers qualifying aluminium can stock...

US set to impose 50% tariffs on $20 billion of Canadian goods

US to export farm, medical goods to China at favourable tariffs

Washington: The US will ship agricultural products and medical devices to China in exchange for household goods, toys and other products at lower tariffs under the trade arrangement announced during President Xi Jinping's visit to America. US Trade Representative Jamieson Greer announced the US-China Board...

 

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