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2 mins read

Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities

While domestic demand is expected to remain moderate due to lower discretionary spending and overst…

ANI   


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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   


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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   


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2 mins read

US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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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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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   


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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   


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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   


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3 mins read

India's exports rise in 115 nations out of 238 destinations in 2023-24: Govt data

India's exports have increased to as many as 115 countries out of the total 238 destinations during…

PTI   


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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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Russia's dark fleet of ships kept its oil exports strong. But 2 recent incidents in the Red Sea highlight the risks of that strategy.

Iran-backed Houthi rebels targeted a Panama-flagged tanker transporting Russian oil last week, like…

Huileng Tan   


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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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2 mins read

Strong domestic demand supporting India's growth: Morgan Stanley

Morgan Stanley is firm on India's growth outlook given the support it is getting from the domestic …

ANI   


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Moody's projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity

High-frequency indicators, including robust goods and services tax collections, rising auto sal…

PTI   


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1 min read

China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

"It is important to the president and me that American firms and workers can compete on a level pla…

Aruni Soni   


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2 mins read

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   


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4 mins read

IMF 'encourages' India to remove rice export restrictions

The International Monetary Fund has said it would "encourage" India to remove restrictions on expor…

PTI   


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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…

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4 mins read

Enter Samvat 2080 with these Diwali pataka stocks

The Diwali festive fervour is here and the Indian stock markets will soon end Samvat 2079 after hit…

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4 mins read

Phones to chips, electronics sector buoyed by strong tailwinds

The last 9-10 years have seen tremendous growth across four major consumer electronics segments -- …