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India's services sector activity moderates in August; exports expand at record pace
India's services sector activity eased in August but growth rates for new orders remain elevated, a…
PTI
Mango exports up 19% to $47.98 million during April-August 2023 - US top destination
Of this, the maximum were exported to the US, it said. India has exported 2043.60 tonnes o…
PTI
India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data
India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…
PTI
China needs a new economic plan that focuses less on exporting and more on domestic growth, 'Dr. Doom' Nouriel Roubini says
"The old Chinese growth model is broken," Roubini wrote for Project Syndicate, warning that more ma…
Filip De Mott
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
Toyota records highest-ever monthly sales in February
Toyota Kirloskar Motor on Friday reported its best-ever monthly wholesales at 25,220 units in Febru…
PTI
India's services exports to cross $300 billion target in FY23: Piyush Goyal
"On services though, we have done extremely well. On services we are probably going to do at …
PTI
India's Jan services PMI hits 6-month high amid strongest upturn in new business since mid-2023
The services sector growth in India rose to a six-month high in January as new business expanded at…
PTI
UPL shares hit 52 week low after 9% slump
UPL shares were trading at Rs 482.85 down 9.8 per cent. The lower circuit is at 10 per cent. UPL sh…
Google to assemble and export Pixel smartphones from India, launches localised AI tools
In a fillip to 'Make in India' initiative, Google on Thursday said it aims to start manufacturing/a…
Exports fall for third consecutive month by 12.7% in April; trade deficit at 20-month low
India's exports declined for the third consecutive month, falling by 12.7% to $34.66bn in April. Th…
PTI
Services sector activity in India hits 7-month low in Oct on softer increase in output, new business
The services sector growth in India fell to a seven-month low in October on softer increase in outp…
PTI
Indian D2C brands are already making their presence felt across the world, thanks to Amazon
Not too long ago, Indian consumers looked forward to buying foreign articles – games or trinkets an…
Russia made more money from oil exports in October than it did in any month before the Ukraine war
Russia's oil exports have been boosted by a shadow fleet of ships that do not have adequate insuran…
Huileng Tan
Meet Shamina Singh, US President Joe Biden's latest appointee on his Export Council
Washington, US President Joe Biden has announced his intent to appoint Shamina Singh, a prominent I…
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
Russian oil and grain exports halted after Ukraine drone strike near Black Sea port
Wheat and oil futures rose after Ukraine struck a Russian vessel near a major commodity-shipping hu…
Filip De Mott
Greaves Cotton, Solara and Rajesh Exports shine on the first trading day of 2022
Indian markets started on a positive note and remained so on January 3, showing no fear from the ri…
Bhakti Makwana
India’s GDP forecast raised but El Nino, export contraction threats hover
Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…
Digital service tax explained: India backs out of equalisation levy after global tax agreement kicks in
The expanded equalisation levy became applicable from April last year to a range of digital se…