India has asked the US to exempt it from higher tariffs on steel and aluminium, saying Indian exports of the two products did not pose a security threat to America
2 min read28 Mar 2018So far, US president Donald Trump has announced that Canada and Mexico, two of its closest allies will be exempted from the tariff hike on steel and aluminium imports
2 min read23 Mar 2018Indian steelmakers need global prices to remain steady, otherwise a fall in prices can undo all the good that is being seen in the domestic market
2 min read19 Mar 2018India ranked 10th in steel imports to the US in 2017, but it recorded the highest growth in this leading set of countries and drew the third-most instances of penal duties
1 min read13 Mar 2018Global trends of steel prices along with steps taken by the government led to a rise in steel exports by 52.9% during AprilDecember 2017, the Economic Survey notes
1 min read29 Jan 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared