US goods trade deficit hits record high; inventories rise strongly

WASHINGTON: The US trade deficit in goods widened to a record high in December amid a continued rise in imports, suggesting that trade likely remained a drag on economic growth in the fourth quarter. But the report from the commerce department on Wednesday also showed an acceleration in the pace of inventory accumulation at retailers…Continue Reading

Ministry of Commerce & Industry BAN ON CHINESE GOODS Posted On: 15 DEC 2021 6:29PM by PIB Delhi There have been some representations/suggestions from public and industry to boycott the import of Chinese goods citing strained relations with China.  In June 2020, a representation was also received from a Member of Parliament calling for banning/boycotting…Continue Reading

Ministry of Commerce & Industry BAN ON CHINESE GOODS Posted On: 15 DEC 2021 6:29PM by PIB Delhi There have been some representations/suggestions from public and industry to boycott the import of Chinese goods citing strained relations with China.  In June 2020, a representation was also received from a Member of Parliament calling for banning/boycotting…Continue Reading

BJP govt purchasing goods, services from ‘fugitives’ who ran away from India with public money: Cong

The Congress on Monday alleged that the BJP government was purchasing goods and services from “fugitives” who have fled the country with public money. Congress spokesperson Gourav Vallabh, at a press conference, alleged that the BJP government was first aiding fugitives escape from the country and then was buying goods from their companies. He cited…Continue Reading