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KOZHIKODE: Vegetable exports from Kerala to the Gulf, which has been adding a touch of home to the tables of lakhs of expatriates, came to an abrupt halt following mass flight cancellations triggered by the ongoing Middle East crisis.Flights carrying passengers to Gulf destinations routinely transport consignments of fresh produce — from curry leaves and…
A sharp escalation in the Middle East conflict has choked India’s basmati rice shipments, leaving nearly 400,000 metric tons stranded at ports and in transit, while new export deals have come to a halt as freight rates have more than doubled since the US and Israel attacked Iran over the weekend, trade officials told Reuters.India,…
NEW DELHI: Amid fears of a shortage in crude supplies, govt is looking to nudge refiners to divert more auto fuel and LPG to the domestic market by cutting on exports and also increase cooking gas production so that there is no disruption in local supplies.While govt and oil companies insisted there’s no shortage, refiners…
Exporters have raised strong concerns that the conflict could disrupt shipping through the Strait of Hormuz. (AI image) What will be the impact of the ongoing tensions in the Middle East on India’s trade, exports, crude oil and LPG supply? Growing geopolitical tensions in the Middle East following military strikes by the United States and…
Shipments to Africa and the Middle East together account for nearly half of India’s total rice exports. (AI image) India’s rice exports may take a hit in wake of the deteriorating situation in the Middle East – the country’s five leading export destinations are in the area! After US and Israel’s strikes on Iran, the…
NEW DELHI: Smartphones, led largely by Apple’s iPhone, emerged as India’s top export category for the first time, overtaking automotive diesel fuel in 2025, official data showed, indicating the impact of policy measures to boost exports. Exports of smartphones during Jan-Dec 2025 rose to about $30.1 billion, up 47.5% from $20.4 billion in 2024, while…
CHENNAI: India’s solar exporters face a severe jolt after the US commerce department proposed countervailing duties of 125.9% on crystalline silicon photovoltaic cells from India, citing alleged subsidies. The preliminary finding covers shipments to the US, which absorbs more than 95% of India’s solar cell and module exports.The duty is likely to wipe out the…
Before US sanctions were imposed in 2019, India was the third-largest importer of Venezuelan crude. (AI image) Venezuelan crude oil flows to India again: Trading firms and purchasers of Venezuelan crude have started hiring very large crude carriers to move oil from the South American country for the first time since a supply arrangement between…
India’s pharmaceutical exports rose 9.4 per cent in 2024–25 to $30.47 billion, with the industry targeting double-digit growth in 2026–27 amid efforts to expand global market access, the commerce ministry said on Saturday, PTI reported. Issues related to pharmaceutical exports were discussed during a Chintan Shivir held in Ahmedabad between government officials and industry representatives,…
The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…
