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India has been facing increasing pressure from the Trump administration to stop its crude oil imports from Russia. (AI image) India has been facing increasing pressure from the Trump administration to stop its crude oil imports from Russia. Of the 50% tariffs imposed by the US on India, 25% are penal tariffs for its crude…
India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…
Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…
India’s merchandise exports, which had fallen sharply in October, have bounced back this month and entered positive territory till November 21, Commerce and Industry Minister Piyush Goyal said on Thursday.After chairing a meeting of the Board of Trade, Goyal told reporters that the latest quick estimates show a clear uptick, according to PTI. ‘Double Trade…
In October, China, India and Turkey collectively received about 90% of Russia’s crude exports. (AI image) US President Donald Trump’s sanctions on two of Russia’s major oil firms have finally hit the crude supply to India. As per latest data, the shipments of Russia’s crude oil have dropped drastically by 66% in November, as refineries…
Yamaha Motor is aiming for a strong rise in exports from India this year, with the company expecting a 25 per cent jump. The Japanese two-wheeler maker plans to position its Chennai plant as the main export hub for global markets, particularly advanced economies.Yamaha Motor Co Ltd senior executive officer and Yamaha Motor India group…
After six months of uncertainty, China has resumed shipments of heavy rare earth magnets to India, offering much-needed relief to manufacturers in the electric vehicle, renewable energy and consumer electronics sectors. However, the shipments come with a key condition, the cargo cannot be re-exported to the United States. The supply flow had earlier been halted…
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 smartphone market grew modestly by 3 per cent year-on-year in the third quarter of 2025, with 48.4 million units shipped, according to research by Omdia. Despite this growth, analysts caution that momentum may not extend into the year-end festive period.As per news agency PTI, the uptick was largely driven by new launches in July…
India’s exports to the United States fell in September, while shipments to other countries surpassed past growth figures, according to Crisil’s October report. Merchandise exports to the US dropped 11.9% to $5.5 billion, reversing a 7% gain seen in August 2025. The decline would have been even sharper if exporters had not made shipments ahead…
