New Delhi The US’ decision to withdraw incentives for Indian exporters violates global trade rules as it discriminates among developing countries, trade experts say. The US has decided to roll back export incentives provided under Generalised System of Preferences (GSP) from June 5. The move is expected to impact India’sRead More

London Indian start-ups like Ola and Oyo, which have been on an expansion mode in the UK, are among some of the key names on the shortlist for the UK-India Awards this year. The awards, which will mark the closing of UK-India Week between June 24 and 28, are beingRead More

Washington A US-based India-centric business advocacy and strategic group has sought establishing an India Trade Representative under the Prime Minister’s Office for all international trade negotiations to be handled by one office with a focused approach. An India Trade Representative or ITR under the Prime Minister’s Office (PMO) on theRead More

Tokyo G20 countries are planning a new tax policy for digital giants like Google, based on the business a company does in a country, not where it is headquartered, the Nikkei business daily said Thursday. The basic policy is likely to be signed by finance ministers from the Group ofRead More

Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about calls from some in China to retaliate against Apple, Ren said that he wouldRead More

New Delhi The recent slowdown in the economy stem not only from slow investment growth and subdued exports but also from weakening growth in consumption demand, industry body FICCI has told the Finance Ministry. In a pre-Budget 2019-20 memorandum to the ministry, FICCI has warned of long-term repercussions if theRead More

New Delhi India Inc today said BJP-led NDA’s stupendous performance in Lok Sabha polls is an endorsement of PM Narendra Modi’s decisive leadership, asserting that NDA 2.0 must unleash bold initiatives to transform the economy. Corporate honchos cheered as trends pointed towards the BJP and its allies returning to powerRead More

Oeiras (Portugal) Captain Cristiano Ronaldo was included in Portugal’s squad for next month’s Nations League semi-final against Switzerland, head coach Fernando Santos announced on Thursday. Ronaldo, 34, a five-time Ballon d’Or winner missed the group stages preferring to try and adapt to life in Juventus since moving from Real Madrid.Read More

Washington Some of the world’s biggest footwear firms are urging US President Donald Trump to end the trade war with China, warning of a “catastrophic” effect on consumers. In a letter signed by 170 companies, including Nike and Adidas, they said the President’s decision to lift import tariffs to 25Read More

New DelhI Indian Oil Corp (IOC), the nation’s biggest oil firm, has tied up imports from the US and taken additional volumes from Saudi Arabia to make up for the bulk of the volumes lost because of sanctions prohibiting buying oil from Iran, top officials said on Friday. Iran suppliedRead More