In his keynote speech to The Australian Financial Review India Business Summit, Morrison outlined plans to develop India into one of Australia's top trading partners, leveraging on a focused attention to key sectors starting with education, resources, tourism and agriculture
The India-Japan economic relationship is old and deep, but their bilateral trade continues to lack volumes. Where do these ties stand now, and what is planned for the future — in both new and traditional areas?
India and Russia have agreed to proceed with negotiations on the terms and conditions for the production of nuclear fuel assemblies in India. So far, fuel was being supplied by state-owned fuel utility JSC Tvel from Russia.
Complaints are mounting from the domestic steel industry that the Chinese non-alloy steel is being imported in the country by wrongly declaring it as alloy steel, which otherwise, is value-added and expensive steel, both in terms of usage and price.
The shortages, though, are not limited to just power stations. Coking coal, used in steel-making, has seen a sharp surge, reflecting both a surge in domestic steel production as well as shortage of Indian supplies of this higher-grade coal variant.
Bad economic management and crippling US tariffs have battered the lira, and Turkey’s currency crisis has triggered fresh selling across emerging markets. The already sliding rupee has reacted sharply.