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Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte “recognised the need to broad base defence ties and make them enduring and mutually beneficial”, said a joint statement issued after talks between the two leaders.(Vipin Kumar/HT Photo)

PM Narendra Modi invites Rome to invest in ‘Make in India’ initiative

New Delhi | By HT Correspondent
UPDATED ON OCT 30, 2018 11:06 PM IST
India and Italy agreed on Tuesday to broaden their defence ties, which had been under a cloud due to the AugustaWestland affair in recent years, with New Delhi inviting Rome to invest under the “Make in India” initiative.
The rupee weakened by 17 paise to 73.44 against the US dollar in early trade Friday, amid increased demand of the American currencies from importers and sustained foreign fund outflows.(Reuters File Photo)
The rupee weakened by 17 paise to 73.44 against the US dollar in early trade Friday, amid increased demand of the American currencies from importers and sustained foreign fund outflows.(Reuters File Photo)

Sensex down by 237 points in early trade, rupee falls 17 paise to 73.44

Mumbai | By Agencies
UPDATED ON OCT 26, 2018 10:16 AM IST
On Thursday, the local currency had depreciated by 11 paise to close at 73.27 against the US dollar due to steady capital outflows and sharp decline in domestic equities amid intensifying geopolitical tensions.
Nifty at the National Stock Exchange (NSE) opened at 10,278.15 points after closing at 10,16.80 points on Tuesday. The Nifty is trading at 10,272.20 points in the morning.(File Photo)
Nifty at the National Stock Exchange (NSE) opened at 10,278.15 points after closing at 10,16.80 points on Tuesday. The Nifty is trading at 10,272.20 points in the morning.(File Photo)

Sensex opens on positive note, touches high of 34,300.97

Mumbai | By Indo Asian News Service
UPDATED ON OCT 24, 2018 10:14 AM IST
The Sensex of the BSE opened at 34,203.70 points, touched a high of 34,300.97 and a low of 34,164.60 after closing on Tuesday at 33,847.23 points. The Sensex is trading at 34,213.15 points up by 365.92 points or 1.08 per cent.
Commerce minister Suresh Prabhu speaks with JSW CMD Sajjan Jindal (L) during ASSOCHAM's 98th Annual Session ‘New India- Working For 1.25 Billion Aspirations’, in New Delhi.(AP Photo)
Commerce minister Suresh Prabhu speaks with JSW CMD Sajjan Jindal (L) during ASSOCHAM's 98th Annual Session ‘New India- Working For 1.25 Billion Aspirations’, in New Delhi.(AP Photo)

India to be worst hit if global trade falls, says commerce minister Suresh Prabhu

New Delhi | By Indo Asian News Service
UPDATED ON OCT 16, 2018 09:25 PM IST
India has the potential to become a $10-trillion economy before 2035, Suresh Prabhu said at the 98th Annual Session of The Associated Chambers of Commerce and Industry of India (Assocham).
Authorities seized 8,000 kg of shark fins in the first week of September.(ANI/TWITTER)
Authorities seized 8,000 kg of shark fins in the first week of September.(ANI/TWITTER)

Maha to collate data on smugglers, wild animals to curb illicit trade

Hindustan Times | By Badri Chatterjee, Mumbai
PUBLISHED ON SEP 17, 2018 11:47 PM IST
Agencies handling cases related to wildlife crimes have been directed to submit details to Wildlife Crime Control Bureau
China under Xi Jinping believes that its impressive accumulation of economic and military power in the past four decades entitles it to claim predominance in Asia and at least equal status with the US globally(REUTERS)
China under Xi Jinping believes that its impressive accumulation of economic and military power in the past four decades entitles it to claim predominance in Asia and at least equal status with the US globally(REUTERS)

Trade wars are no longer about trade

By Shyam Saran
PUBLISHED ON JUL 31, 2018 12:42 PM IST
Trump has created an opportunity for China to make common cause with American allies both in Asia and Europe. But in the long run, India’s relations with China will remain competitive in nature while the US will probably remain an indispensable partner.
A view of the Bombay Stock Exchange building in Mumbai.(Abhijit Bhatlekar/ Mint File)
A view of the Bombay Stock Exchange building in Mumbai.(Abhijit Bhatlekar/ Mint File)

Sensex shoots over 300 points to end over 36,000 mark

Mumbai | By Press Trust of India
UPDATED ON JUL 10, 2018 03:42 PM IST
The NSE Nifty also recaptured the 10,900 mark. The index was trading higher by 61.85 points, or 0.57 per cent, at 10,914.75.
Selling of the US dollar by exporters and banks and a higher opening in the domestic equity market influenced the rupee uptrend, forex dealers said.(Bloomberg)
Selling of the US dollar by exporters and banks and a higher opening in the domestic equity market influenced the rupee uptrend, forex dealers said.(Bloomberg)

Rupee gains 10 paise against US dollar in opening trade

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUL 04, 2018 10:21 AM IST
On Tuesday, the rupee had gained 23 paise to end at 68.57 on fresh dollar selling by exporters and corporates.
The US has for so long tried to be the grown-up in the room when it comes to world trade, things might well fall apart when it behaves like a toddler.(AFP Photo)
The US has for so long tried to be the grown-up in the room when it comes to world trade, things might well fall apart when it behaves like a toddler.(AFP Photo)

India retaliates to Trump’s tariffs, but it needs the trade with America | Opinion

Bloomberg | By Mihir Sharma
UPDATED ON JUN 22, 2018 10:40 AM IST
India needs trade with America, and on favourable terms. If it’s to increase its current, abysmally low share of world trade, it needs to export more to the US, as well as to Europe and China.
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters File Photo)
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters File Photo)

Sensex tumbles 306 points, Nifty ends below 10,500, energy, metal stocks lead losses

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON MAY 23, 2018 04:07 PM IST
The BSE Sensex dropped 60.79 points or 0.17% to 34,590.45 in early morning trade. The NSE Nifty too fell 19.80 points, or 0.18% to trade at 10,516.90.
The rupee was trading one paisa higher against the US dollar at 62.63 in early morning deals on Friday.(Reuters File Photo)
The rupee was trading one paisa higher against the US dollar at 62.63 in early morning deals on Friday.(Reuters File Photo)

Rupee opens flat against US dollar in early trade

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON MAY 04, 2018 10:26 AM IST
On Thursday, the rupee had ended marginally 2 paise higher at 66.64 against the US dollar despite a caution among investors ahead of trade talks between China and the US.
Brokers said trading was volatile due to negative Asian cues, lower opening in Europe and a weak rupee.(PTI/Photo for representation)
Brokers said trading was volatile due to negative Asian cues, lower opening in Europe and a weak rupee.(PTI/Photo for representation)

Sensex ends higher in choppy trade

Press Trust of India, Mumbai | By HT Correspondent
PUBLISHED ON APR 23, 2018 05:25 PM IST
Steady buying in realty, healthcare, consumer durables and IT sectors, and encouraging earnings from some blue-chip companies supported the upmove, brokers said.
President Donald Trump and Japanese Prime Minister Shinzo Abe speak during a meeting at Trump's private Mar-a-Lago club, in Palm Beach, Fla.(AP File Photo)
President Donald Trump and Japanese Prime Minister Shinzo Abe speak during a meeting at Trump's private Mar-a-Lago club, in Palm Beach, Fla.(AP File Photo)

Trump and Abe talk trade as well as relations with North Korea

Associated Press, Palm Beach | By Associated Press
PUBLISHED ON APR 18, 2018 11:53 AM IST
Hosting Abe at his Mar-a-Lago resort in Palm Beach, Trump said the tariffs could be a topic during the visit, which comes as Trump prepares for an historic summit with North Korea’s Kim Jong Un
Police chasing away agitating truck drivers at the Mahadipur land port in Malda district in Bengal on Monday.(HT Photo)
Police chasing away agitating truck drivers at the Mahadipur land port in Malda district in Bengal on Monday.(HT Photo)

Indo-Bangla trade through Bengal port hit for hours as truckers agitate against ‘goonda tax’

Hindusatn Times | By Sreyasi Pal, Malda
PUBLISHED ON APR 09, 2018 05:31 PM IST
On an average, 400 trucks enter Bangladesh everyday only through the Mahadipur port. The quantum of extortion money runs into crores of rupees, the truckers alleged.
Domestic equities opened lower after Thursday’s rally.(Abhijit Bhatlekar/ Mint)
Domestic equities opened lower after Thursday’s rally.(Abhijit Bhatlekar/ Mint)

Sensex, Nifty end little changed, post 2% weekly gains

Press Trust of India, Mumbai | By HT Correspondent
UPDATED ON APR 06, 2018 04:51 PM IST
Benchmark equity indices ended little changed after a day of flat trade on Friday.
A photo of the Indian national flag at Chandni Chowk in Old Delhi on February 15, 2018.(Sonu Mehta/HT PHOTO)
A photo of the Indian national flag at Chandni Chowk in Old Delhi on February 15, 2018.(Sonu Mehta/HT PHOTO)

India key to US$1.5 trillion intra-Commonwealth trade, investment

London, Hindustan Times | By Prasun Sonwalkar
UPDATED ON APR 05, 2018 08:34 AM IST
Published by the Commonwealth Secretariat, the report titled ‘Strengthening the Commonwealth Advantage: Trade, Technology, Governance’ says intra-Commonwealth investment has seen a “dramatic rise” driven by India in recent years.
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