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Panaji: State govt has allowed iron ore transportation during the monsoon for domestic consumption within the country, which was earlier only allowed within the state. Also, unlike the earlier fixed-date, three month ban on transportation for exports, govt has decided that it will declare the dates from time to time.State govt amended the Goa mineral…
India should speed up free trade agreement (FTA) negotiations, expand its export reach beyond traditional markets, and maintain active engagement with Washington to conclude a Bilateral Trade Agreement (BTA) with the US, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Friday.Delivering the First ISID@40 Distinguished Person Lecture, Dev said…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
India is working to regain its price edge in the global textiles market as Bangladesh, Vietnam and China become more competitive. The government is preparing a cost-reduction roadmap that will be rolled out in phases: a short term plan for two years, five years for medium plan and a plan for the long term. The…
India’s rare earth push hits new roadblocks (ANI) India’s Rs 7,300 crore plan to boost domestic production of rare earth minerals and magnets could face serious setbacks after China tightened export controls on key machinery and materials used in their processing. The new restrictions threaten to slow India’s drive for self-reliance in producing components that…
During the first half of the current fiscal year, Apple’s iPhone exports reached an unprecedented $10 billion. (AI image) The booming Apple iPhone production in India, and the latest sanctions on Russian oil firms by Donald Trump, may power electronics to become the second most-shipped exports category in India. It’s a story of rise in…
India’s processed potato exports surge 450% India’s processed potato products are making significant inroads into Southeast Asian markets, hugely driven by demand for snacks and convenience foods, according to a report by Global Trade Research Initiative (GTRI).Exports of dehydrates potato granules and pellets reached $63.3 million in FY2025, jumping from $11.4 million in FY2022. Other…
The global economy is slowing down and trade dynamics are undergoing a change.At a time like this, India needs to evaluate its export strategies, with focus on long-term competitiveness through technology, cost efficiency, and domestic production, Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI) explainedSpeaking to ANI, Srivastava said, “The focus should be…
NEW DELHI: India’s domestic car industry may be counting on govt’s GST cuts to manage a growth in volumes, but exports are turning out to be quite a happy hunting ground for the passenger vehicles industry which has registered a near 20% jump in the first half of this fiscal, shipping a variety of vehicles…
File photo: NSE CEO Ashish Chauhan (Picture credit: ANI) Indian markets began the new Hindu calendar year, Samvat 2082, on a cautiously positive note, with the Nifty closing around 25,900 in the one-hour Muhurat trading session on Tuesday. The Sensex ended at 84,426.34, up 62.97 points or 0.07 per cent, while the BSE Midcap and…
