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India has decided to increase duties on imports of a number of agricultural commodities, steel and iron ore from the United States in response to the introduction by the US authorities of additional tariffs on imports of steel and aluminum from some countries, including India. The increased duties will be assessed on apples, almonds, chickpeas, lentils and other types of agricultural products, as well as certain categories of iron ore and steel products. According to the Ministry of Trade of India, new tariffs for certain categories of goods take effect immediately. India, like other US partners, earlier filed a complaint against the actions of the United States to the World Trade Organization.
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...
On Thursday, United Airlines' (UAL.O) and its pilots' union said that they had reached an agreement on two different resolutions to reduce involuntary furloughs in August. The company said that it would keep pilots ready once the global travel ...
China saw positive customs data on Tuesday, raising hopes that the world’s second-largest economy is on the way to recovering from the COVID-19 pandemic. Exports for June rose 0.5% year-on-year compared to an analysts’ forecast ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
The inactivity in Chinese exports likely eased in June as several countries resumed their economic operations. Meanwhile, imports declined milder on higher crude oil and commodities purchases, a Reuters survey showed on Monday. Economists ...
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