financetom
Economy
financetom
/
Economy
/
India should provide a timeline on when consignments from China will be cleared, says USISPF
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India should provide a timeline on when consignments from China will be cleared, says USISPF
Jun 24, 2020 2:59 PM

The US-India Strategic Partnership Forum has written to the DPIIT raising concerns over reports that consignments are being held up at Indian ports.

CNBC-TV18 had reported on Tuesday that a few consignments from China, including a few that had been cleared earlier, have been moved to isolated docks for re-examination. The USISPF has indicated to the DPIIT that the lack of information over this unanticipated embargo is being seen as a chilling message by foreign investors as it disrupts operations, and hurts business interests. Shereen Bhan discussed with Mukesh Aghi, president & CEO of USISPF, on the issue .

First Published:Jun 24, 2020 11:59 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
New Jersey Opens Door To Cannabis Lounges, Setting Stage For Industry Expansion
New Jersey Opens Door To Cannabis Lounges, Setting Stage For Industry Expansion
Feb 28, 2025
New Jersey is taking a major step forward in its cannabis industry with the official launch of its consumption lounge licensing process. The state's Cannabis Regulatory Commission (CRC) began accepting applications for on-site consumption areas on January 2, 2025, allowing businesses to create designated spaces where customers can legally use cannabis products. This move comes as New Jersey's legal cannabis...
Instant View: January PCE inflation no surprise, cools year on year
Instant View: January PCE inflation no surprise, cools year on year
Feb 28, 2025
(Reuters) - The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday. Economists had expected the PCE price index to climb 0.3%. In the year through January, prices rose 2.5% after increasing 2.6% in December. Stripping out the volatile food and energy components, the...
US goods trade deficit widens sharply in January
US goods trade deficit widens sharply in January
Feb 28, 2025
WASHINGTON (Reuters) - The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on economic growth in the first quarter. The goods trade gap surged 25.6% to $153.3 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports vaulted 11.9% to...
US consumer spending falls in January; monthly inflation rises
US consumer spending falls in January; monthly inflation rises
Feb 28, 2025
WASHINGTON (Reuters) - U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, dropped 0.2% last month after an upwardly revised 0.8% increase in December, the Commerce Department's Bureau of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved