The US attacked China for its aggressive moves against its neighbours, including "instigating" a deadly confrontation with India in eastern Ladakh
According to data released by the commerce and industry ministry, exports stood at $25.01 billion in the month. The fall is only the second time exports contracted in the past year.
Forex traders said a stronger dollar also dragged the rupee down.
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
The US textile industry is deeply worried by competitors from India and China as the end of the quota system on December 30 approaches, a media report has said.
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The ministers also expressed concern over the slow pace of global economic recovery and stressed that 'the uncertainty regarding economic growth and policy responses in developed countries could lead to increased volatility in financial markets and further affect the international economy'.
The world's No 2 venture capitalist says he supports outsourcing and urges India to use WTO rules to protect it from protectionist attacks in the US
The US Trade Representative's (USTR) office will also conduct the Section 301 probe against nine others, including Austria, Brazil, Indonesia, Italy, Spain, Turkey, the Czech Republic, the UK, and the EU, for levying or considering digital services taxes "discriminating against US companies".
Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan.
The US president alleged that China had been indulging in tremendous intellectual property theft worth hundreds of billions of dollars on a yearly basis.
For the first time in the last eight years, India would not have any representative for the post of deputy director general.
United States President Donald Trump, who has come under fierce criticism for his handling of the coronavirus crisis, has alleged that the Chinese government was either incompetent in preventing the deadly virus from spreading globally or did it for a reason.
Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.
The simultaneous decline of several trade-related indicators should put policy makers on guard for a sharper slowdown.
The declining exports would have implications for the job market.
The high point of the trip will be Goyal's meeting with US Trade Representative Robert Lighthizer on November 13, which is expected to see the USTR push India towards lower import duties in a broad range of areas.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
Behind the movement are shock-workers functioning quietly to ensure that a seemingly spontaneous, apolitical, grassroots mobilisation sustains itself without dribbling into chaos or violence. Sai Manish lists some of them.
Expressing deep concerns over India's policy of preferring domestically manufactured information and communication technology goods, the apex body of US telecom industry has told lawmakers that this will have negative impact on exports and economic competitiveness.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
India and US keen to strengthen trade ties, hold talks after 4 years.
India and the United States settled a dispute on Thursday that had paralysed the World Trade Organization and risked derailing a $1 trillion package of reforms.
A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
The US side had pushed for removal of price caps on medical equipment such as coronary stents and a commitment by India to reduce trade imbalance
2016 will be the first time in 15 years that the ratio between trade growth and world GDP will fall below 1:1
India continues to apply import quotas on marble.
At the meeting of the 160-member World Trade Organisation in Geneva on Friday, India demanded a halt to the trade facilitation timetable till a permanent solution on public stockholding for food security is found.
'India has not integrated into any major trade agreement'.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
Sitharaman also highlighted the steps taken by the government to achieve ease of doing business by digitisation of approvals and making more stable policies to make India a favourable destination for investors.
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
Direct contacts between Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the WTO from implementing a $1 trillion package of reforms.
India and the US are engaged in Geneva, the WTO headquarters, to sort out the food stockpiling issue and end the stalemate.
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