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A merger of state-run trading firms MMTC and STC is on the cards and the matter is under process, Commerce and Industry Minister Suresh Prabhu has said. “That is something which is already on cards because STC unfortunately has become a sick company. Therefore, there are some measures which are being taken already and this matter is under process,” Prabhu told PTI. He said this while replying to a question whether the government is moving ahead on the proposal to merge Metals & Minerals Trading Corporation of India (MMTC) and…

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Business leaders from Nepal and India today participated in an international entrepreneurship conclave here and discussed the need to establish better connectivity between the two countries to explore new business opportunities. Nepalese Finance Minister Yuvaraj Khatiwada who inaugurated ‘The International Entrepreneurship Conclave-Connect-IN’, said that the conclave provides a platform for the entrepreneurs from both the countries to come together and exchange innovative ideas. “Young and innovative entrepreneurs from both the countries need to come forward with their innovative ideas and the governments of the two countries should play the role…

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After announcing a string of tough trade measures against China, US President Donald Trump has said that Beijing would no longer have a “free reign” like it had been having for many years, which resulted in a massive American trade deficit with it. A day after he initiated a series of tough actions against “unfair” Chinese trade practices, inviting retaliation by Beijing, Trump exuded confidence that the steps would end up with China fairly treating America. “China is going to end up treating us fairly. For many years, they had…

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