Trade

US flouting trade rules by mislabelling products from Hong Kong as ‘Made in China’, says WTO

The WTO has ruled that labelling imports from Hong Kong as those from China is a breach of trade rules. Donald Trump in 2020 had removed special trading privileges for the city following which US customs authorities said goods produced there could no longer be stamped ‘Made in Hong Kong'

US duty on steel, aluminium inconsistent with global trade norms: WTO dispute panel

The WTO report assumes significance for India also, as the country in 2018 too had approached the Geneva-based WTO against the US move to impose these duties

Government employees can lose service for frequent stock-market trading; check rules here

Depending on the seriousness of the misconduct, consequences for violating the aforementioned service conduct rule may range from withholding raises to removal from service.

'India-US bilateral trade will reach $500-600 billion by 2030': Piyush Goyal

The trade between the two countries stands at about $175 billion at present

Car-renting platform Zoomcar to merge with Innovative International: Report

In November, Zoomcar raised $92 million, bringing its total funding to $332 million, as per data provider PitchBook

Toys for the rich: Do multimillion-dollar dinosaur auctions erode trust in science?

More and more palaeontologists are ringing alarm bells about high-profile auctions in which dinosaur fossils sell for outrageous sums. The most recent example involves a 77-million-year-old ‘Gorgosaurus’ skeleton that Sotheby’s sold for over US$6 million in August 2022

Sensex climbs 672 points as markets remain firm in early trade

All the 30-share Sensex pack of firms were trading in the green in early trade, with IndusInd Bank, Bajaj Finserv, Bajaj Finance, Axis Bank, ICICI Bank, Larsen & Toubro and Tata Steel emerging as major winners

What is Free Trade Agreement? All you need to know

A Free Trade Agreement is a deal between two or more nations to reduce or eliminate import-export tariffs among them. Under FTA, goods and services can be traded between the concerned countries with little or no tariff barriers

'Friendship can solve any problem': Bangladesh Prime Minister Sheikh Hasina's Day 1 in India

On the first day of her visit, Bangladesh Prime Minister Sheikh Hasina and her counterpart Narendra Modi signed seven pacts. She also met External Affairs Minister S Jaishankar and President Droupadi Murmu

Gold jumps by Rs 1,088 amid import duty hike

Silver fell by Rs 411 to Rs 58,159 per kg from Rs 58,570 per kg in the previous trade.