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INDIAN EXPORTS TO IRAN
India bonds flat as oil prices shrug off US curbs on IranIndian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US...
Trump's 'Operation Economic Outcast' against Iran also includes four India-based companies over alleged linksThe United States has sanctioned four India-based companies over their alleged involvement in Iran-related petroleum and petrochemical trad...
India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
Vadhavan Greenfield Port critical for trade growth; exporters ready for Trump tariff shifts: CII Western Region ChairmanVadhavan Port, a significant greenfield project, will enhance India's port capacity. This new facility aims to alleviate congestion issues ...
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
India buys its most expensive LNG in years as war upends marketIndian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as t...
Paras Defence expects exports to double as Middle East conflict boosts demandParas Defence anticipates its export revenue will double this fiscal year. This growth is driven by Middle East conflict and rising geopoli...
Rules eased to help exporters receive payments in rupeesIndia has eased rules for rupee-based export payments, allowing exporters to invoice and receive payments in Indian currency or foreign cur...
India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
Rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guardOn Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. ...
Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
Indian steel mills face margin squeeze as global coking coal prices riseIndian steelmakers face margin pressure from higher coking coal prices. Supply disruptions in Australia and China raise steelmaking costs s...
Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...
India cuts windfall tax on exports of petrol, diesel, aviation fuelIndia has reduced windfall taxes on petrol, diesel, and aviation fuel exports. The duty on diesel exports is now 24 rupees per litre, while...