Rising Trade Deficit Still Remains a Concern: FIEO

Reacting to August, 2018 trade data, FIEO President, Mr Ganesh Kumar Gupta said that consecutively for fourth month in a row exports have shown a higher double-digit growth of 19.21 percent, however the rate of growth during the month has shown an upward trend as compared to previous month with an increase of about 5
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Garden Reach Shipbuilders & Engineers Ltd proposes to open, on September 24, 2018, an initial public offering (IPO) of equity shares of face value of Rs 10 each for cash at a price per equity share (including a share premium) comprising an offer for sale of 29,210,760 equity shares by the promoter, The President of
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Hong Kong-based containership owner Seaspan Corporation said it plans to offer shares of its Series I Preferred Shares in a registered public offering pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. Seaspan has also granted the underwriters a 30-day option to purchase additional Series I Preferred Shares. Seaspan
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The U.S. is reaching out to China for a new round of trade talks, in an effort to give Beijing another opportunity to address Washington’s concerns over trade issues before the Trump administration implements additional tariffs on Chinese imports, according to people briefed on the matter. Senior U.S. officials, led by Treasury Secretary Steven Mnuchin,
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NEW DELHI: India’s share in the GDP of Asia and Pacific region has increased to 17.3 per cent in 2017 from 14.6 per cent in 2000, a ADB report said recently. As per the ADB’s report on ‘Key Indicators for Asia and the Pacific 2018’, the Asia and Pacific region accounts for more than two-fifths
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WASHINGTON: Negotiations for better trade deals between the US and India that meet the needs of both the countries are at the beginning stages, a senior White House official said recently. “I know that a number of administration officials just recently came back from India. They expressed their willingness to negotiate new and better trade
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Leading the biggest delegation of Indian entrepreneurs to Syria, consisting of 84 members, Mr Ganesh Kumar Gupta, President, FIEO, said that the two countries should endeavour to take bilateral trade from $ 175 million in 2017 to $ 500 million in 2020. Indian exports should touch $ 350 million, while imports should increase to $
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China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. On Friday, Trump said he was ready to levy additional taxes on practically all Chinese imports,
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Newly formed Klaveness Combination Carrier is launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million as part of its fleet growth initiative. As disclosed, current investors, management and previous CABU investors will subscribe for USD 25 million. The company was launched in April 2018 to own and operate modern
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Federation of Indian Export Organisations (FIEO) on 6 September signed an MOU with the National Stock Exchange of India Limited (NSE) to impart knowledge to FIEO members on price risk management, hedging on NSE’s platform for products like Currency, Debt, Commodity and to assist FIEO members in raising equity capital on NSE’s EMERGE platform. The
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