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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…

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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…

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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   


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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   


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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   


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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   


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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   


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RBI proposes rationalising regulations on export, import transactions

The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…

PTI   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Budget proposals for marine sector to boost India's seafood exports, aquaculture: MPEDA

The Budget includes a range of strategic measures aimed at bolstering the competitiveness of marine…

PTI   


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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   


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India's trade deficit expected to decline further: Economic Survey

The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…

PTI