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India opens anti-dumping probe into ethyl chloroformate imports from China

India has launched an anti-dumping investigation into imports of ethyl chloroformate from China after domestic producer Paushak alleged that the chemical was being sold in the Indian market at unfairly low prices, hurting local industry. DGTR begins probe after complaint by Paushak As per Reuters, the Directorate General of Trade Remedies (DGTR), which functions under…

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30 million barrels in a week! India grabs more Russian crude amid US-Iran war; tankers headed to China make U-turn

Indian refiners have purchased nearly 30 million barrels of Russian crude within a week. (AI image) India is aggressively buying Russian crude oil amidst supply disruptions from Strait of Hormuz caused due to the ongoing US-Iran war and Middle East conflict. In fact, India is buying such huge quantities of Russian crude, that tankers headed…

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Us-China Rivalry: $3.4 trillion mistake with China: Why US will make India’s rise far tougher

The US has quietly funneled $3.4 trillion into a “militarised rivalry” with China from 2012 to 2024 — eclipsing the $2.3 trillion spent during two decades of war in Afghanistan — without a single shot fired in direct combat. This isn’t wartime spending; it’s peacetime paranoia, averaging $260 billion yearly. U.S. Spent $3.4T to Counter…

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Zara and H&M’s ‘China headache’ in Europe may now become Amazon’s too in the region |

China’s e-commerce giant JD.com has launched its online shopping platform called Joybuy in Europe. As reported by CNBC, the company aims to rival Amazon along with other domestic rivals in the country. The platform promises fast deliveries and high-quality products to get an edge on rivals. Joybuy, the report says, is live in six new…

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US-bound exports decline 13%, India’s trade deficit with China crosses $100 billion

India’s exports to the US declined 12.88 per cent year-on-year to $6.88 billion in February, weighed down by high tariffs, while the country’s trade deficit with China widened past $100 billion during the April-February period of the current fiscal, according to commerce ministry data released on Monday.Exports had contracted in September, October, December and January,…

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US forced labour probe: China urges Trump to ‘immediately correct erroneous’ trade practices

China on Monday pushed back against the United States over a new set of trade investigations launched last week, saying that it has “lodged representations” with Washington and calling on the US to “correct its erroneous ways.” The response comes as trade negotiators from the two countries gather in Paris for talks. The latest US…

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Trump’s forced labour probe: China faces closest scrutiny; what does it mean for India?

India’s exports of solar panels, electronics and garments may come under closer scrutiny after the United States launched a fresh trade investigation into the presence of forced labour in global supply chains, a report by the Global Trade Research Initiative (GTRI) has said.Earlier on March 12, the United States Trade Representative (USTR) announced the probe…

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