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2 mins read
Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report
Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…
ANI
2 mins read
India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report
India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…
ANI
2 mins read
Indian textile exports surge by 9.59% in May despite global economic challenges
Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, …
ANI
1 min read
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
2 mins read
Russia's imports from China surged in September as Moscow and Beijing deepen economic ties
Total trade between Russia and China has notched 1.28 trillion yuan from the start of the year thro…
Jennifer Sor
3 mins read
Indian exports show resilience amid global challenges in first quarter, says CRISIL report
Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…
ANI
3 mins read
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…
Huileng Tan
2 mins read
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
4 mins read
Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…
PTI
3 mins read
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
2 mins read
People in China still aren't buying enough stuff — so exporters are slashing prices to push more overseas sales
China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged…
Huileng Tan
2 mins read
Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's B…
Filip De Mott
2 mins read
India’s PC market shipments surge in Q3 amidst import restrictions talks
The Indian personal computer or PC market has recorded its highest ever shipments at 4.5 million de…