exports

Switzerland Suspends MFN Status To India: What It Means For Stock Market Investors?

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Switzerland Suspends MFN Status To India: What It Means For Stock Market Investors?

Last Updated:December 14, 2024, 13:14 IST The suspension of most favoured nation (MFN) status for India by Switzerland introduces tax challenges for Indian firms operating in Switzerland, particularly in sectors like financial services, pharmaceuticals, and IT. Investors need to keep an eye on sectors like pharmaceuticals, IT, financial services, and engineering goods. Switzerland’s recent decision … Read more

The Bundesbank says 2025 spells big trouble for German economy – POLITICO

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The Bundesbank says 2025 spells big trouble for German economy – POLITICO

The Bundesbank flagged that the labor market, which it had previously expected to sustain the post-pandemic recovery, is now also visibly weakening. Unemployment is already at its highest in four years, at 6.1 percent of the workforce, and a wave of layoff announcements in the manufacturing sector — most notably at automaker Volkswagen — has … Read more

EU’s Russia sanctions deal collapses over business loophole spat – POLITICO

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EU’s Russia sanctions deal collapses over business loophole spat – POLITICO

The rest of the package focuses mostly on sanctioning companies and vessels involved in circumventing existing EU penalties on Russia. A draft list seen by POLITICO shows plans to more than double the number of oil and gas tankers on its blacklist, bringing the total to 75. Yet talks fell apart, two of the diplomats said, after … Read more

Europe in the line of fire as Trump threatens trade war with China – POLITICO

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Europe in the line of fire as Trump threatens trade war with China – POLITICO

“The number one issue is not NATO, not even Ukraine, as serious as that is. The number one issue is the displacement of Chinese exports that are going to the U.S. and will now go to Europe,” said Anthony Gardner, who served as U.S. ambassador to the European Union just before Trump’s first mandate. “There … Read more

South African grapes find new success in North America

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South African grapes find new success in North America

Canada has emerged as the third-largest market for South African grape exports. The industry is also setting its sights on expanding further into the lucrative US market. This has been bolstered by South Africa’s high-quality produce that adheres to the US’ stringent phytosanitary standards, writes Fruitnet. The first shipments of the 2024 season have already … Read more

Scholz ups pressure to finalize Mercosur trade deal – POLITICO

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Scholz ups pressure to finalize Mercosur trade deal – POLITICO

Brazilian officials held a bilateral meeting with Commission President Ursula von der Leyen on Sunday. Minister for Agriculture and Livestock Carlos Fávaro told reporters on Monday: “The deal would be very good for Brazil and the EU,” and added: “We have never been so near to finalizing this deal.” Scholz argued that delays would harm … Read more

China’s vice-premier pushes trade resilience amid US tariff threat

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China’s vice-premier pushes trade resilience amid US tariff threat

Beijing’s top official handling trade and economic affairs talks with the United States inspected major container ports in China’s top exporting province on Sunday, amid concerns over the potential impact of US president-elect Donald Trump’s trade policies. During his visits to Nansha Port in the city of Guangzhou and Shekou Port in the city of … Read more

CCI starts buying cotton at minimum support price

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CCI starts buying cotton at minimum support price

The Cotton Corporation of India (CCI) is buying cotton at minimum support price (MSP) in five States as the market prices are low. Lalit Kumar Gupta, the Chairman and Managing Director of the CCI, told The Hindu that it had started the MSP operations for the current season (October to September) and procured 2.25 lakh bales of … Read more

Italy ‘cherishes’ Chinese investment, wants more – POLITICO

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Italy ‘cherishes’ Chinese investment, wants more – POLITICO

Chinese investment in Italy is “below potential” and should increase, Italian President Sergio Mattarella said on a visit to Beijing. Italy’s trade with China needs “re-balancing” between import and export, Mattarella told Chinese Premier Li Qiang on Friday, Sky Tg24 reported. Mattarella noted that the value of Italy-China trade doubled from 2016 to 2022 to … Read more

Suzuki Motorcycle Hits Record-Breaking Sales in India with 19 Percent Surge in October 2024

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Suzuki Motorcycle Hits Record-Breaking Sales in India with 19 Percent Surge in October 2024

Last Updated:November 05, 2024, 15:43 IST Suzuki’s domestic sales soared to an all-time high, with 1,04,940 units sold—up by 24% from October 2023’s 84,302 units. Suzuki Gixxer SF 250 (Photo: Shahrukh Shah/News18) Japanese two-wheeler maker Suzuki Motorcycle on Tuesday said its vehicle sales in India jumped 19 per cent year-on-year at 1,20,055 units in October … Read more