Quanta also manufactures laptops for Hewlett-Packard and is the main assembler for the smartwatch released recently by Apple.
The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
Rising tensions over eating beef in Hindu-majority India are starting to hit the multi-billion dollar buffalo meat trade.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
India's Directorate General of Foreign Trade on March 25 banned the export of Hydroxychloroquine but said that certain shipments on humanitarian grounds may be allowed on a case-by-case basis. With more than three lakh confirmed cases of coronavirus infection and over 8,000 fatalities, the US has emerged as the worst sufferers of the deadly coronavirus diseases to which there has been no cure.
The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.
The company shipped the first lot of 140 units of its hatchback Chevrolet 'Beat' from the Mumbai port to Chile last Thursday.
The trade gap - difference between imports and exports - was $11.39 billion in March 2015.
iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.
The rule required firms to mandatorily export 20 per cent of the gold they had imported.
If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.
Cumulative exports during April-August of 2017-18 rose by 8.57 per cent to $118.57 billion
The rupee export credit interest rate scheme, under which exporters get loan at 250 basis points lower than the prime lending rate, has been extended till April 30, 2009. It was to expire by this month-end.
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
Shares of Ranbaxy Laboratories on Friday slumped as much as 20 per cent in the morning trade after the USFDA prohibited the company from producing and distributing drugs for the American market from its Toansa plant in Punjab.
October shipments to India, the world's No.2 gold consumer behind China, jumped to about 150 tonnes from less than 25 tonnes a year earlier and 143 tonnes in September, a finance ministry official said last week.
The Russian currency depreciated by 24 per cent in the past month to trade at 56.54 to the dollar at present, a sharp recovery after hitting a low of 68 in early December.
Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
Triumphalism, premature declaration of victory meant no one checked if India had enough vaccines, oxygen, remdesivir, bringing us back to a crisis where we need foreign aid after four decades, asserts Shekhar Gupta.
In the first fortnight of December, the gold imports have fallen to about 25 tonnes, from 150 tonnes during entire November
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
Also, the import tariff value -- the base price at which customs duty is determined to prevent under-invoicing -- in case of silver has been reduced to $644 per kg from $694 per kg earlier, a notification by the Central Board of Excise and Customs said.
Three containers with about 65 tonnes of wastes were found by Kerala Pollution Control Board officials to contain prohibited municipal wastes from New York including plastic and biodegradable substances as well as hospital wastes, sanitary pads and surgical gloves. A shocked Board has recommended to the Customs authorities that the shipments be sent back to the place of origin.
India's exports dipped deeper in the negative zone.
The massive coal mine in Queensland state has been a controversial topic, with the project expected to produce 2.3 billion tonnes of low-quality coal.
Even Charlton Heston intervened on his behalf.
Minister of Commerce & Industry Kamal Nath on Thursday announced a package of wide ranging measures to counter the negative impact of rupee appreciation on India's exports.
Hewlett-Packard (HP) bagged the top spot, both in terms of factory revenues as well as unit shipments during the second quarter of the year, followed by IBM.
A number of smartphone players such as Xiaomi, Samsung, LG and Micromax also have smart TVs in their product portfolio.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
According to a report in the Daily quoting a senior administration official, there was a "tiny slice" of personal protective equipment left over.
Mangoes from India are popular in the Middle East, the Far East, the United States and European countries.
Oilmeal export declined in May sharply, according to data compiled by the Solvent Extractors' Association of India (SEA).
Lakhs of jobs are at stake.
