Latest News, Updates & Breaking Headlines
NEW DELHI: India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations. The trade deal, which started three years ago, led to an 8 per cent growth in Indian exports to Australia during the 2024-25 financial year. This growth helped…
India’s exports weathered a turbulent 2025 marked by steep US tariffs, geopolitical disruptions and global trade uncertainty, with exporters adapting by diversifying markets and products –a strategy that officials and industry expect will support steady growth into 2026, PTI reported.Despite a 50% duty imposed by the US on Indian goods during the year, exporters recalibrated…
Tesla CEO Elon Musk has expressed his concerns over rising silver prices as China’s new export rules deadlines nears. In a post on microblogging platform X (formerly Twitter), Musk wrote “This is not good. Silver is needed in many industrial processes.” He was responding to a post that depicted ‘exploding’ silver prices due to “severe…
FILE – An oil platform is seen in the Leviathan natural gas field on Jan. 31, 2019, in the Mediterranean Sea off Israel’s coast. (Marc Israel Sellem/Pool via AP, File) JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Wednesday that he has approved a $35 billion natural gas export deal to Egypt, the biggest gas…
China posted an unprecedented $1 trillion trade surplus in the first 11 months of the year, brushing aside steep tariffs imposed by US President Donald Trump and highlighting deep global appetite for low-cost Chinese goods. The record surplus comes a year after Chinese manufacturers rushed to ship goods abroad after Trump’s election victory, in predicting…
India has identified close to 300 products across engineering goods, pharmaceuticals, agriculture and chemicals that offer significant opportunities for Indian exporters to expand their presence in the Russian market, a senior official told PTI. The exercise comes as New Delhi and Moscow work towards the bilateral trade target of $100 billion by 2030.India currently exports…
The Cabinet Committee on Economic Affairs on Friday approved a new policy framework called the CoalSETU window, creating an additional auction route for long-term coal linkages for any industrial use and exports, according to an official release.The decision modifies the existing Non-Regulated Sector (NRS) Linkage Auction Policy of 2016, which restricts linkages to specified end-use…
NEW DELHI: Manufacturing activity softened in Nov as export orders eased due to the impact of US tariffs while job creation in the sector slowed to a 21-month low, a survey showed on Monday. Registering 56.6 in Nov, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) was above the neutral mark of 50.0 and its…
India’s economy is expected to remain firmly on a strong growth path over the next two years, with S&P Global Ratings projecting 6.5 per cent expansion in the current fiscal and 6.7 per cent in the next. The agency said a combination of tax cuts and monetary policy easing will bolster consumption-led growth despite the…
India’s newly implemented labour codes will give the country’s export industries a stronger and more predictable operating environment, a commerce ministry official said. According to the official quoted by news agency PTI, the reforms bring flexibility and simplification for businesses while ensuring fair wages, safety, equality and social security for workers.The Centre enforced the four…
