Anti-dumping duty imposed on 90 Chinese items
Business | February 07, 2020 16:46 ISTAnti-dumping duty has been imposed on as many as 90 items imported from China that include two pharmaceutical products, Parliament was informed on Friday
Anti-dumping duty has been imposed on as many as 90 items imported from China that include two pharmaceutical products, Parliament was informed on Friday
US President Donald Trump signed into law on Wednesday, a measure to implement the United States-Mexico-Canada Agreement (USMCA), intended to replace the 1994 North American Free Trade Agreement (NAFTA).
No wildlife can be transported or sold in any markets or online, according to text of the announcement in state media.
Gold on Friday jumped Rs 109 to Rs 38,894 per 10 gram in the national capital amid a weaker rupee, according to HDFC Securities. The yellow metal had closed at Rs 38,785 per 10 gram on Thursday.HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold for 24 karat in Delhi gained Rs 109, supported by a weaker rupee. He added that the rupee was trading around 14 paise weaker against the dollar during the day.
Maharashtra and Delhi NCR saw a significant decline in new launches of residential units owing to a slowdown in the real estate sector, a survey said. According to the survey by data analytics firm PropEquity, cities like Mumbai, Thane, Pune, Gurgaon and Noida saw a sharp decline in new launches as compared to third quarter of 2018 as well as second quarter of 2019.
Equity benchmarks Sensex and Nifty on Friday started at fresh highs led by gains in index-heavyweights RIL, ICICI Bank and SBI amid uninterrupted foreign fund inflow.
The 30-share index was trading 73.38 points or 0.18 per cent lower at 40,371.77 in morning trade; while the broader Nifty was trading 26.10 points or 0.22 per cent down at 11,895.40.
The fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments, traders said. The 30-share index was trading 65.51 points, or 0.16 per cent, lower at 40,736.66. Similarly, the Nifty slipped 23.75 points or 0.20 per cent to 12,024.45.
US share markets, which had risen on reports of a deal, closed higher, but shed some gains in the final minutes of trade as it became clear any agreement was relatively limited.
A high-level Chinese delegation is coming to the US next week for talks with officials from his administration, including US Trade Representative, Robert Lighthizer, Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin.
"The two sides agreed to hold the 13th round of China-US high-level economic and trade consultations in Washington in early October, after (which) the two sides will maintain close communication," the statement released on Thursday said, Efe news reported.
"Just a week ago, onion was selling at Rs 20-25 per kg and prices have now doubled. There is a reduction in supply of onion in the northern region from states like Maharashtra from where bulk supplies come," traders said on Thursday.
The rupee had settled at 68.75 against the US dollar on Monday.
There is an "enormous potential" for growth in the India-US relationship, the Trump administration has said, exuding confidence that the ongoing trade negotiations could be worked through because of the friendship between the two nations.
The rupee rebounded 25 paise to 68.33 against the US dollar in early trade on Thursday, in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month.
The order follows a probe conducted by Sebi between April 2014 and September 2015 after it observed that 81.38 percent of all the trades executed in stock options segment of the bourse were non-genuine trades.
The rupee appreciated by 16 paise to 68.79 against the US dollar in opening trade Wednesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
Shinzo Abe stressed the importance of global leaders overcoming their differences and joining hands in tackling difficult issues to send a strong message to the rest of the world.
"We've our interests and US have their own, sometimes they converge and sometimes they don't. Diplomacy is about finding a common ground on these interests,” said S Jaishankar.
NIA carried out searched at 12 locations in Bihar and Uttar Pradesh in connection with the investigation of case Munger Arms Case 2, the infamous case of illegal weapon manufacturing.
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