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GLOBAL MERCHANDISE TRADE
India's engineering exports climb 21% to $11.48 bn as China demand surges 74%India's engineering exports rose 21% year-on-year to $11.48 billion in June, supported by strong demand from China, the US, Germany and Oma...- Engineering goods exports surge 21% in June, over five-fold rise in shipments to OmanIndia's engineering exports reached US$11.48 billion in June, marking a 21% year-on-year increase. Shipments to Oman and China saw substant...
- US' temporary 10% tariff set to expire on Friday unless extended or new duties announcedThe 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the...
- RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...
- External sectors steady despite geopolitical uncertainties: RBIIndia's external sector shows steady improvement, boosted by foreign investment inflows. The economy remains strong despite global uncertai...
- Japan's exports and imports grow as yen weakensJapan recorded a trade deficit in June, totaling 406.9 billion yen. Higher oil import prices and a weak yen contributed to this deficit. Ex...
- Modi’s protectionism push creates stock winners in laggard IndiaA Bloomberg-compiled basket of 15 stocks linked to import substitution has rallied more than 20% since the start of the Middle East conflic...
- WTO urges India to cut trade-restrictive measures reliance, New Delhi flags global non-tariff barriersWorld Trade Organization (WTO) Secretariat has urged India to improve its business environment and reduce reliance on high tariffs, import-...
- After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
- Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...
- India engaged with the US, studying all the developments: Govt tells ParliamentThe government told Parliament it is closely monitoring developments in its trade relationship with the US and remains engaged with Washing...
- India aims at 10 pc share in global merchandise exports by 2047: WTO reportIndia aims to significantly boost global merchandise exports by 2047. The nation is implementing various schemes to promote its export grow...
- Commerce Secretary to visit Geneva this week for India's trade policy review at WTOCommerce Secretary Rajesh Agarwal is visiting Geneva this week to lead India's delegation for the WTO's eighth Trade Policy Review. The rev...
- Karnataka tops India with 41% share in software exportsKarnataka ranks first in the country by contributing 41% share to India's total software exports. Additionally, the state has maintained it...
- Uber in $15 billion deal for Delivery Hero to create global takeout giantAcquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the...
- India's current account slips into $2 billion deficit in May as trade gap widensIndia's financial landscape shifted in May, marked by a current account deficit alongside a narrower capital account deficit. The total bal...
- NSE, Augmont partner to expand Electronic Gold Receipts ecosystemNSE has partnered with Augmont Enterprises to expand the Electronic Gold Receipts (EGR) ecosystem, aiming to unlock India's vast household ...
- India's capital account surplus may rise to $105 billion in FY27: Motilal OswalIndia's capital account surplus is expected to reach USD 105 billion in FY27. Stronger foreign capital inflows and improved portfolio inves...
- India, UK engaged in discussions on carbon tax issue: Commerce SecretaryIndia and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechani...
- India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
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