India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
Why in the news? China surpasses the US as India’s top trading partner, with imports exceeding $100 billion in FY24. About China Surpasses US as India’s Top Trading Partner: Recent Development: China becomes India’s largest trading partner, overtaking the US, with imports crossing $100 billion in FY24. Trade Data: Bilateral trade between India and China …
Read MoreWhy in the news? Government tightens anti-dumping measures, levying duties on goods primarily from China, amid concerns over unfair trade practices. About the Government’s Measures Against Dumping: Over one-third of anti-dumping duties levied targeted goods produced solely or by only two producers since FY22. Notable increase in anti-dumping duties imposed on goods originating solely from …
Read MoreWhy in the news? Global trade is set to rebound in 2024, with increased consumption demand in advanced economies, despite lowered growth forecasts. Source:eduprep About Global Trade Outlook: The World Trade Organisation (WTO) forecasts a rebound in global trade volumes in 2024. Consumption demand is set to increase in advanced economies, driving growth after a …
Read MoreWhy in the news? Piyush Goyal emphasises negotiating FTAs on India’s terms. Plans local development initiatives and improving public education. source:slideserve About the Negotiating FTAs: Piyush Goyal emphasises negotiating FTAs on India’s terms, leveraging the country’s growing economy. Highlights the importance of long-term sustainability and protecting domestic interests. Stresses the need for transparency and balancing …
Read More
