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India’s shrimp trade recorded a steady rise in the first five months of FY26, with exporters earning $2.43 billion — an 18 per cent increase from last year — as per a new assessment by CareEdge Ratings. Shipment volumes also improved, touching 3.48 lakh metric tonnes, up 11 per cent year-on-year. Much of this momentum…
India’s export performance has remained steady even as global markets face volatility, according to SBI Research, which shared its assessment. As per news agency ANI, the report states that merchandise exports between April and September in FY26 touched $220 billion, a 2.9 per cent rise from $214 billion in the same period last year. Exports…
Commerce Ministry has said that India stands to benefit from the US decision to withdraw reciprocal tariffs on select agricultural products. (AI image) After imposing sweeping tariffs, the Donald Trump administration has softened its stance as prices of basic commodities have gone up in the US. Last week Trump announced that he will be doing…
NEW DELHI: Prime Minister Narendra Modi on Wednesday said India is on the path to becoming a global hub of natural farming, asserting that the agriculture sector has undergone a major transformation over the last 11 years and that agricultural exports have “almost doubled”.Addressing a gathering in Coimbatore after releasing the 21st instalment of PM-Kisan…
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…
The aviation fuel cargo, totalling 60,000 metric tons (472,800 barrels), departed from Jamnagar port between October 28 and 29. (AI image) Amidst ongoing trade deal related issues, India has for the first time exported jet fuel to the United States’ West Coast. The shipment has been sent for Chevron, an energy major firm.According to a…
India’s merchandise exports fell 11.8% to $34.38 billion in October, even as inbound shipments registered strong growth, pushing the trade deficit to $41.68 billion, government data released on Monday showed.Imports jumped 16.63% to $76.06 billion, driven largely by a sharp rise in precious metal inflows, PTI reported. Gold imports surged to $14.72 billion, nearly tripling…
Japan’s economy suffered its first setback in six quarters as exports faltered under US tariffs, while Prime Minister Sanae Takaichi’s new administration moves to assemble a large stimulus plan to steady growth.Government figures released on Monday showed that gross domestic product fell 0.4% between July and September, with the annualised decline coming to 1.8%. ‘If…
File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…
India’s gems and jewellery exports fell sharply in October, sliding 30.57% to $2.17 billion (Rs 19,172.89 crore) compared to the same month last year, according to data released by the Gems and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports in October 2024 had stood at $3.12 billion (Rs 26,237.1 crore).GJEPC chairman Kirit Bhansali said the…
