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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…
1 min read
SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President
The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…
3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
4 mins read
Konkan's cashew industry faces uphill battle with rising costs, labor shortages and limited raw material
In recent years, however, the Konkan region's once-thriving cashew processing industry has faced es…
ANI
2 mins read
India's Apr-Jun quarter exports cross $200 bln, government optimistic of reaching $800 bln annual target
India's exports in the first quarter of 2024-25 (April-June) crossed the $200 billion mark and the …
ANI
2 mins read
DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers
The official said that the import restrictions on 'New Pneumatic Tyres' were relaxed for certain gl…
PTI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
2 mins read
Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…
ANI
1 min read
India's exports marginally up at $34.99 bn in April
Trade deficit, or the gap between imports and exports, during the month stood at USD 19.1 billi…
PTI
1 min read
India signs customs mutual recognition agreements with seven nations; Actively pursuing more, says CBIC chief
India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and…
PTI
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
Govt seeks proposals for setting up e-commerce export hubs
In this regard, it said, draft modalities for operation of these hubs have been formulated. …
PTI
2 mins read
Gem, jewellery exports drop 21.9% to $1.67 billion in July
"The exports are mainly affected due to decline in demand following geopolitical disturbance in…
PTI
2 mins read
India allows export of 200,000 tonne non-basmati rice to Malaysia
India has permitted exports of 200,000 tonne of non-basmati white rice to Malaysia, an official not…
ANI
1 min read
India's exports to China, UAE, Russia, Singapore rose in 2023-24
China, Russia, Iraq, UAE, Singapore are among countries where India's exports in the just-concluded…
ANI
2 mins read
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
3 mins read
India will soon be in a position to export Lithium-ion batteries: Nitin Gadkari
Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in…
ANI
2 mins read
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
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…