India’s merchandise export has witnessed a plunge in March for the first time ever in five months widening the trade deficit over global trade and the U.S moves to review a programme allowing duty-free imports of goods. The US Trade Representative also said earlier on Thursday, that it has launched reviews over concerns that India […]
The United States Trade Representative (USTR) has officially announced that it is reviewing the eligibility of India, Kazakhstan, and Indonesia in the Generalised System of Preferences (GSP) based on “concerns about the countries” compliance programme. GSP is by far the largest and most ancient US trade programme designed to favor economic development and allow duty-free […]
US President Donald Trump went ahead with his trade war despite China’s advice to abandon the move. However, Donald Trump turned a deaf ear to the Chinese government and imposed tariffs of $60 billion on Chinese imports to serve as punishment for what US President considers to be “unfair” appropriation of American intellectual property. A […]
Zappfresh, a high-quality meat delivery brand run by DSM Fresh Food Pvt. Ltd in Gurugram has obtained a funding of Rs 20 crore in pre-Series A funding from Amit Burman, Vice Chairman of Dabur India and SIDBI Venture Capital. The funds have been raised to help the company drive its business strategy effectively and expand […]
Indian exports of goods and services, as a percentage of GDP in the September 2017 quarter, was lower than that of September 2005. US President Donald Trump has menaced to impose reciprocal tariffs on Indian goods, if the government refuse to lower duties on American exports. If the threat is put into practice, it will […]
Baba Ramdev-led Patanjali Ayurved today announced its foray into e-commerce for its FMCG items, partnering major players in the space, including Amazon and Flipkart, and targeting over Rs 1,000 crore this year itself. The Haridwar-based company said it has partnered eight players, which also include Grofers, Shopclues, BigBasket, 1mg, Paytm Mall and Netmeds, through which […]
Canadian funds/firms have pumped in a full USD 20 billion in India, mostly by way of equity funds over the past decade alone, while bilateral trade is clipping at 30 per cent, both are going to get a fillip with the new bilateral pact, says an official. Fund inflows are set for acceleration with the […]
Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday’s Asian session on expectations the Federal Reserve will stick to its tightening path. The most-traded contract on the Chicago-based CBOE Global Markets exchange opened at $15,460 in New York on Sunday evening, […]
Three months after the rollout of the new indirect tax regime, the GST Council today made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items. Businesses with annual turnover of up to Rs 1.5 […]
The online retail sales of BRICS(Brazil, Russia, India, China and South Africa) countries led by China and India surpassed $876 billion in 2016, in a recent report shared by China’s e-commerce giant Alibaba, today. The report was released ahead of the BRICS summit in Xiamen next week by the Ali Research Institute which is affiliated […]
Bengaluru-based co-living spaces builder,StayAbode has raised an undisclosed amount of funding in a fresh round of investment from Incubate Fund and a clutch of investors. The company plans to invest the capital to strengthen its technology platform and expand its team.
Startup is a risky business. ‘The million dollar idea’ alone won’t suffice. One has to have better understanding about the customer targeted, and how to reach out to them; followed by extensive planning and then finally, an eventual place for the launch of your product(s). It’s very important that one finds the right city according […]