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ENGINEERING AND PETROLEUM PRODUCTS EXPORTS
Tariffs, supply risks push Indian auto parts makers to build beyond ChinaIndian auto parts makers are expanding global manufacturing and engineering capabilities. This shift addresses automakers' needs for divers...- India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
- Deeptech startup DheyaTech raises Rs 43 crore led by Avaana CapitalThe company’s engines offer higher efficiency and lower weight, he claimed, while local manufacturing could give customers a 50-55% cost ad...
- Parts suppliers think global as auto majors focus on sourcing mixThe trend is accelerating across major tier-1 suppliers, including Suprajit Engineering, Highway Roop Precision Technologies, SPR Auto Tech...
- India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
- Karnataka to build end-to-end electronics hub: Minister MB PatilThe state already has more than 20,000 chip designers and over 10,000 analogue engineers, while more than 100 companies are engaged in chip...
- EEPC India calls for eliminating non-tariff barriers and smooth payment mechanism among BRICS nationsEEPC India calls on BRICS countries to dismantle non-tariff barriers and streamline payment systems. Such actions could greatly enhance Ind...
- Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman JunejaIndia's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these fu...
- Oil falls as US crude inventories rise despite Saudi supply concernsOil prices fell sharply on Wednesday after a surprising increase in U.S. crude inventories. Compounding the situation, Saudi Arabia decided...
- BNP Government of Bangladesh reviews 101 pacts signed with IndiaDhaka is reviewing one hundred and one agreements signed with New Delhi. Bureaucrats trained in India over the past decade may face scrutin...
- El Niño effect: Kharif crops, winter sowing face stress as drought hits 53% of IndiaEl Niño effect: El Niño has left more than 50% of India grappling with drought conditions, severely affecting kharif crops currently in the...
- US seeks details of India's rice stocks used for Ethanol outputThe United States has sought details from India on the use of rice for ethanol production. Washington has alleged that India’s rice stocks ...
- Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top marketIndia’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports dec...
- India-China trade reset: New talks begin on trade concerns, supply chains; more meetings expectedIndia-China trade reset: India and China have begun discussions to address key bilateral trade concerns, with a focus on structural trade i...
- More talks likely between India, China to address trade concerns, imbalance, supply chain: Trade SecyIndia and China are exploring measures to narrow the trade gap. Both nations seek to address supply-chain challenges and bilateral trade co...
- India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
- Solar's $1.3 bn bet is a turn for India's defence-industrial complexThe piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defen...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- Iran suspends freight charge on foreign vessels carrying energy products to or from IranIran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...
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