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CORONAVIRUS CHEMICALS IMPORT
With US-China relations tense, Indian footwear makers are eyeing share in American marketIndia has a minuscule 1% share of the footwear market in the US, but Agra’s exporters are trying to expand their presence in the country, s...
Mainland China reports 16 new cases of novel coronavirus including 13 in XinjiangOf the new infections, 13 were found in Urumqi, the capital of China's far western region of Xinjiang. The other three, recorded in the sou...
Bangladeshi exporters stop Indian imports from Petrapole borderExport of Indian goods to Bangladesh through the Petrapole border in West Bengal was disrupted on Wednesday due to agitation by a section o...
India plans to impose strict rules and tariffs on Chinese importsThe state-run Bureau of Indian Standards is finalizing tougher norms for at least 370 products to ensure items that can be locally produced...
Piyush Goyal holds meeting with officials on ways to boost exports, reduce import relianceHe also discussed the future course of action in the post-coronavirus era to make India an industrial powerhouse with the officials of the ...
Saudi Arabia's oil exports plunge $11 billion in first quarterBrent crude prices fell more than 60% in the quarter hurt by the coronavirus pandemic and an oil price war between Saudi Arabia and Russia ...
Speciality chemicals to be the next great export pillar for India: Varun GoelVarious studies show chemicals will be a $100 billion industry in 6-7 years, said Head of Equity, Nippon India AIF.
A $163 billion industry struggles to reduce its dependency on Chinese importsAmidst the Covid-19 outbreak and the subsequent lockdown, compensating for, or finding alternatives to China’s production capabilities to s...
The effect of coronavirus pandemic begins to show up in India's foreign trade numbersMuted exports could shave off India's economic growth that already faces a challenges on the domestic front due to an ongoing slowdown and ...
India to spend $1.3 billion to boost pharmaceutical productionIndia will set up the fund to encourage companies to manufacture pharmaceutical ingredients domestically.
Coronavirus: Construction, transport, chemical manufacturing likely to be worst-affected, says reportSince the severity of the coronavirus became known, global financial markets have been on the edge.
No shortage of APIs and formulations in the country: GovtNPPA has informed that it has not received any reference from pharma associations regarding steep increase in price of medicines due to out...
As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
How govt can protect India Inc from catching the China virusA govt-industry task force must be set up to to tackle the situation and avoid industry closures.
Coronavirus: Department of Pharmaceuticals recommends ban on export of 12 drug formulations, ingredientsChina accounted for 67.56 per cent of India''s total imports of bulk drugs and drug intermediates at USD 2,405.42 million in 2018-19.
Virus may hit 28% Indian importsAmong imports, organic chemicals is likely to be among the worst-affected commodities due to the crisis. India imports close to 40% of its ...
Coronavirus pandemic threatens to cut pharmaceutical industry’s lifelineRaw materials from China are used in making antibiotics, paracetamol, and diabetes and cardiovascular drugs, among others. Companies includ...