Rupee must fall more to save exports, prevent China dumping: SBI

Last Updated: Monday, September 7, 2015, 20:42

As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.

India should take advantage of China slowdown: USIBC chief

Last Updated: Sunday, August 30, 2015, 18:01

"What we are hearing from our companies that India story is strong. The slowdown in China is making India story much much stronger," Mukesh Aghi, president of the US India Business Council (USIBC) said.

Coal prices fall to 12-year lows as China, India join demand slowdown

Last Updated: Wednesday, August 19, 2015, 08:27

The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto, and it has seen many financers exit the sector.

India's exports to be hit by yuan devaluation: FIEO

Last Updated: Wednesday, August 12, 2015, 00:32

"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese exports.

India can take on China with low cost of wages: Arun Jaitley

Last Updated: Friday, August 7, 2015, 21:58

Speaking at a leather industry event, he said India's largest competitor China is facing today a "great challenge of a high wage bill". China's labour cost, which was once affordable, is now high.

India's trade deficit with China at $8 bn in April-May: Sitharaman

Last Updated: Friday, August 7, 2015, 19:32

India`s trade deficit with China touched $8 billion during April-May of this fiscal, while the figure for 2014-15 has grown to $48.47 billion from $36.2 billion in 2013-14, parliament was told on Friday.

Mobile World Congress heads east

Last Updated: Sunday, July 19, 2015, 00:23

Mobile World Congress (MWC), an annual event organised by Groupe Speciale Mobile Association (GSMA) in Barcelona, is turning to India and China which has lately seen explosive growth in the mobile telephony sector.

India's exports to China in H1 declines by 24% to $6.8 bn

Last Updated: Monday, July 13, 2015, 20:31

India's exports to China declined by over 24 percent to USD 6.89 billion in the first half of this year, while the Communist trading giant's exports surged by 10.8 percent to USD 27.29 billion, pushing the bilateral trade to over USD 34 billion.

50 nations, including India, sign agreement on China-led AIIB

Last Updated: Monday, June 29, 2015, 12:29

The 60-article agreement specified each member's share as well as governance structure and policy-making mechanism of the bank, which is designed to finance infrastructure in Asia.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Friday, June 26, 2015, 23:33

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

Saudi Arabia loses spot as top crude supplier to India, China

Last Updated: Wednesday, June 24, 2015, 21:39

Saudi Arabia lost its spot last month as India`s top oil supplier to Nigeria for the first time in at least four years, according to ship tracking data compiled by Reuters, as the world`s top crude exporter struggles to maintain market share in Asia.

BRICS members hail integration ahead of July forum

Last Updated: Friday, June 19, 2015, 18:22

BRICS member states --Brazil, Russia, India, China and South Africa -- cheered new integration trends with the announcement of the formation of the BRICS Development Bank, ahead of the group`s upcoming forum in July.