Gsp
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US withdrawal of trade benefits likely to impact gems and jewellery exports: Report
•The gems and jewellery sector is already under pressure on account of stringent lending rules and working-capital crunch.
Mike Pompeo to push in India for more US access to local markets, says America is open to dialogue to resolve trade differences
•Pompeo’s remarks at the US-India Business Council refer to a decision by US President Donald Trump to end preferential trade treatment for India from 5 June over the trade barriers.
US decision to withdraw GSP benefits violates global trade rules, move may impact India's exports: Experts
•US decision to withdraw GSP incentives taken in haste, will hurt exporters, says Industry body CII
•The US decision to withdraw export incentives from India has been taken in a "haste" and would hurt the domestic exporters, industry chamber CII said on Monday
External Affairs Minister S Jaishankar faces trial by fire in dealing with Donald Trump's curveball on preferential trade status
Sreemoy Talukdar •S Jaishankar must now not only dig deep into his bag of experience and expertise but also involve other government departments.
US to not to go back on decision to suspend preferential trade status for India under GSP, calls it 'done deal'
•The Trump administration has prioritised working with the Government of India to ensure that US companies have a level playing field, a senior State Department official told reporters on Thursday, hours after Narendra Modi was sworn in as Prime Minister for a second time following his spectacular electoral victory in the general elections.
India, US to engage regularly to resolve trade issues, explore mutually beneficial suitable solutions: Government
•Political and security ties between India and the United States have grown but trade has become problematic.
About 200 US companies seek to move manufacturing base from China to India, says US advocacy group
•The US-India Strategic and Partnership Forum's president said the companies are talking to them about how to set up an alternative to China
In which Amit Shah gives it to economists and critics: If economy is booming, govt income and spending are growing, fiscal deficit is falling, where's the crisis?
Muralidharan •The success of demonetisation and GST is there for everyone to see, he said, except for the bigoted and the jaundice-eyed.
India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero
•Iran was India’s seventh biggest oil supplier in January compared with its position as third biggest a year ago before the reimpostion of sanctions.