Monday 8 June 2015

Top economy news of the day - June 8, 2015

India has slapped anti-dumping duty of up to USD316 per tonne on imports of certain steel products from three countries, including China, to protect domestic producers from below-cost inbound shipments. 

India has slapped anti-dumping duty of up to USD316 per tonne on imports of certain steel products from three countries, including China, to protect domestic producers from below-cost inbound shipments.

In a raft of changes to make it easier for businesses to operate in the country, the government has relaxed norms for private companies including those pertaining to related party transactions, acceptance of deposits and auditor appointments.

India's exports are likely to remain flat at USD 310.5 billion-level or may even fall this financial year due to slow global demand for merchandise, Assocham has said. 

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