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INDIA GULF TRADE
India's trade deficit narrows slightly to $28.21 billion in May despite Middle East turmoilIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...- US-Iran peace deal brings relief, but India turns to a risk at homeIndia receives a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...
- India bonds rise as oil slumps on Iran peace deal hopeIndian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...
- "Influential actor": Finnish President lauds India's global role during talks with EAM JaishankarFinnish President Alexander Stubb met with India's External Affairs Minister S. Jaishankar. They discussed global conflicts and the upcomin...
- Donald Trump, Narendra Modi look to repair ties in shadow of new US strikesA potential meeting between Indian Prime Minister Modi and US President Trump could reset strained ties following recent attacks on Indian-...
- Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersIndian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked inv...
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
- India-Oman CEPA sparks first duty-free gold jewellery shipment from KolkataThe first shipment of gold jewellery from Kolkata to Oman under the India-Oman CEPA was dispatched by Wonder Jewels, marking the start of d...
- 3 Indians missing after US strikes commercial vessel off Oman coast, New Delhi summons American diplomatThree Indian sailors are missing after a US military strike on the commercial vessel Settebello. The ship was attacked off Oman's coast. Tw...
- Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crashIndian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices...
- India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...
- Oman ports emerge as India's gateway to West Asia, AfricaIndia's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian com...
- India set to implement 2-3 more FTAs in six months, says commerce minister Piyush GoyalIndia is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four sig...
- India-Oman trade pact creates strong export push for India's textile MSMEs: GovtIndia's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agr...
- Trade pact with Oman strengthens India's energy security: ExpertsThe recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts n...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
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