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10 December, 2018 12:10 PM India-Romania bilateral trade could touch $1 billion in FY19

The total bilateral trade currently stands at USD 810 million. Bilateral trade between India and Romania could touch USD 1 billion in the fiscal 2018-19, a top diplomat of that country said on December 10. "Trade in the first 10 months has grown in the high double digits. I think in the current fiscal, it will grow to touch USD 1 billion," Ambassador 33

7 December, 2018 4:45 PM Larry Kudlow says does not see Huawei issue spilling into trade talks with China: CNBC

Kudlow said Huawei had been warned for "quite some time" about violations on Iran sanctions, but added he remains optimistic about the trade talks. White House economic adviser Larry Kudlow told CNBC on December 7 that he does not see the recent controversy surrounding China's Huawei Technologies spilling into the trade talks between the United States 71

7 December, 2018 5:14 AM Cabinet approves agriculture export policy, aims to double exports to $60 bn by 2022

Agricultural exports are currently estimated at USD 30 billion. New Delhi: The Union Cabinet has approved the Agriculture Export Policy, 2018 aiming to double agricultural exports to USD 60 billion by 2022. The government underlined that one of the prime objective of the Agriculture Export Policy is to double agricultural exports from present USD 30 billion 95

7 December, 2018 4:51 AM GAIL India slips over 4% after CLSA slashes price target on weak results estimates

GAIL India shares fell 4.5 percent in morning on Friday after global research house feels upcoming quarterly results for the company may be quite weak. The reason it cited for weak earnings expectations is the US LNG arbitrage which may stay negative through 2019. Hence, CLSA slashed price target for GAIL to Rs 420 from Rs 465 earlier, but maintained 47

7 December, 2018 3:56 AM Centre approves key policy to double farm exports to $60 billion by 2022

NEW DELHI: The Indian government on Thursday approved a policy to boost exports of farm commodities such as tea, coffee, fruits and vegetables, Trade Minister Suresh Prabhu said. The policy, approved at a meeting of Prime Minister Narendra Modi`s cabinet, is aimed at helping India step up exports of an array of farm goods but also seeks to avoid ad hoc, knee-jerk 46

7 December, 2018 3:30 AM Rupee gains 35 paise Vs dollar in early trade

The Indian rupee gained in the early trade on Friday. It opened higher by 35 paise at 70.55 per dollar on Friday versus previous close 70.90 per dollar. Rupee weakened sharply against the US dollar ahead of the important OPEC meeting that was scheduled last evening. In the second half of the session rupee rose after oil prices came under pressure following 34

6 December, 2018 4:48 AM Power Grid Corp rises 1% after winning bid for intra-state project

The company also won a bid to construct a 400 kV substation at Firozabad along with associated transmission lines on a build, own, operate and maintain (BOOM) basis Shares of Power Grid Corporation of India rose as much as 1 percent in early trade after the company won a bid to establish a transmission system at the Jawaharpur Thermal Power Project 36

6 December, 2018 4:08 AM REC gains 1% as cabinet will consider proposal to sell its stake in co to PFC

Shares of REC gained 1 percent, while PFC shed 3 percent in the early trade on Thursday as government is going to consider the proposal to sell its stake in REC to PFC. At the current market price of Rs 105.10 a share, sale of 52.63 per cent government holding in REC will fetch around Rs 11,000 crore. Deutsche Bank has maintained buy call on REC with target 47

5 December, 2018 7:11 AM D-Street Buzz: Nifty Metal down 2% with JSPL at new 52-week low; Tech Mahindra gains 2%, midcaps drag

78 stocks have hit new 52-week low including names like ABG Shipyard, JSPL, Dish TV, Deepak Fertilizers, IL&FS Transportation, Punj Lloyd, Sun Pharma Advanced and UFO Moviez among others. Ahead of the RBI policy outcome, the Indian stock market continues to trade in the red with the Nifty50 is down 64 points, trading at 10,805 while the Sensex 49

5 December, 2018 3:55 AM Sensex Below 36,000, Nifty Breaks 10,800 Ahead Of RBI Policy Outcome

The domestic stock markets started on a negative note on Wednesday, ahead of the outcome of the Reserve Bank of India's fifth bi-monthly policy review. The S&P BSE Sensex opened at 36,035.65, and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,820.45. At 9:17 am, the Sensex was at 35,949.25, down 185.06 points or 0.51 per cent and the Nifty 76