Trade

China's Q3 GDP Growth Slows To 6%, Weakest In 27 Years

World News | Agence France-Presse | Friday October 18, 2019

China's economy expanded at its slowest rate in nearly three decades during the third quarter as it was hit by the long-running US trade war and cooling domestic demand, data showed Friday, with an official warning of "mounting downward pressure".

France Prevented 9/11-Inspired Plane Hijack, Suspect Arrested: Minister

World News | ANI | Friday October 18, 2019

French intelligence officers foiled a terror plot inspired by the 9/11 attacks on the World Trade Centre in New York City, France Interior Ministry said on Thursday

Differences With US Over Trade Deal Being Sorted Out: Finance Minister

India News | ANI | Friday October 18, 2019

Trade differences between India and the United States are narrowing, Union Finance Minister Nirmala Sitharaman said today, and expressed hope that the two countries will enter into a deal soon.

US-China Trade Mini-Deal Being "Papered": Donald Trump

World News | Agence France-Presse | Thursday October 17, 2019

The partial trade bargain struck last week with China is now being formally put down in writing, US President Donald Trump said Wednesday.

Vincent Cobee To Become New Deputy CEO Of PSA's Citroen: Report

Reuters | Friday October 18, 2019

Vincent Cobee, a former Mitsubishi production chief, is set to become the new head at PSA's Citroen unit, German trade magazine Automobilwoche reported on Thursday, citing company sources. The report cited a PSA spokesman as saying that Cobee had already joined the brand's management team. Asked by Reuters, a PSA spokesman declined to comment.

Bank Employee Unions Call Strike To Protest Against Mergers: 10 Things To Know

Business | Edited by Anshul | Thursday October 17, 2019

Two trade unions of bank employees have proposed an all-India strike on October 22 to protest against the announced consolidation of 10 state-run lenders into four. "We can easily understand that mergers are a prelude to privatisation of banks and hence we need to vehemently oppose such moves," the Bank Employees Federation of India (BEFI) said in ...

IIFT's Largest Batch Completes Summer Placements, Rs 3.2 Lakh Highest Stipend Offered

Education | Edited by Shihabudeen Kunju S | Thursday October 17, 2019

Indian Institute of Foreign Trade (IIFT) has successfully completed its summer placements for the batch of 2019-21.

Trade Talks Between India, US To Conclude Soon: Nirmala Sitharaman

India News | Press Trust of India | Wednesday October 16, 2019

Trade negotiations between India and the US are going well and will conclude sooner than expected, Finance Minister Nirmala Sitharaman has said.

Wipro Shares Gain After Its Profit Rises 7% In September Quarter

Business | Edited By Abhishek Vasudev | Wednesday October 16, 2019

Wipro Share Price: Wipro hares saw higher than usual trading volumes as 4.07 lakh shares changed hands on the BSE compared with an average of 1.65 lakh shares traded daily in the past two weeks.

US May End Hong Kong Special Trading Status. "Stop Meddling", Says China

World News | Agence France-Presse | Wednesday October 16, 2019

The US House of Representatives passed a bill Tuesday sought by pro-democracy protesters in Hong Kong that aims to defend civil rights in the semi-autonomous territory, prompting an angry response from China.

US-China Trade War Impacting Wipro Business: CEO

India News | Indo-Asian News Service | Wednesday October 16, 2019

Headwinds from the US-China trade war sting business deals of Indian software major Wipro, its Chief Executive Abidali Neemuchwala said on Tuesday.

Trade Deficit Narrows To Lowest Level In Seven Months

Business | Press Trust of India | Tuesday October 15, 2019

Out of 30 key export sectors, as many as 22 showed negative growth in September.

Rupee Ends At Nearly 1-Month Low Against Dollar: 10 Things To Know

Business | Edited by Anshul (with inputs from PTI) | Tuesday October 15, 2019

The rupee on Tuesday fell by 31 paise to end at a nearly one-month low against the dollar. According to analysts, heavy dollar buying amid fresh concerns over the progress of China-US trade talks led to the depreciation in the local currency. The rupee closed at 71.54 against the dollar, down by 0.44 per cent -- the biggest one day loss in this mon...

IMF Cuts 2019 Global Growth Estimate To 3%, Lowest Since Financial Crisis

World News | Agence France-Presse | Tuesday October 15, 2019

The world economy is slowing to its weakest pace since the global financial crisis, amid continuing trade conflicts that have undercut business confidence and investment, the IMF said Tuesday.

No Trade "Disputes With US", Huge Bilateral Trade Potential: Piyush Goyal

India News | Press Trust of India | Tuesday October 15, 2019

Commerce Minister Piyush Goyal on Tuesday said India and the US do not have any trade disputes and both nations have huge bilateral trade and investment potential.