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Posted in Economy

India’s exports to US fall 13% in Feb; trade deficit with China crosses $100 billion

New Delhi: India’s exports to the US dipped 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while…

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Posted in Economy

India inks terms of reference with Philippines, Maldives for trade pact talks

India has inked terms of reference with the Philippines and the Maldives to start negotiations for free trade agreements (FTAs), the Commerce Ministry said on…

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Posted in Economy

Support measures for exporters on anvil to deal with West Asia crisis

The commerce ministry is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on…

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Posted in Economy

Shipping wars stitch higher costs into India’s apparel exports

The ongoing conflict in West Asia is increasing costs for India’s apparel exporters, adding between ₹12 and ₹55 per garment because of longer shipping routes…

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India jobless data
Posted in Economy

India’s February unemployment rate eases to 4.9% y/y

India‘s unemployment rate ‌eased ⁠to ⁠4.9% in February from 5% in ⁠January, as per the government ‌data released on ⁠Monday. The urban unemployment rate among…

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Iran war begins to bomb the GST bonanza. What can happen?

The GST rationalisation last year had begun to deliver what policymakers hoped for — lower prices, improved affordability and stronger sales volumes across sectors ranging…

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King Fahad Industrial Port is in Yanbu, Saudi Arabia. (Photo:X/@OneBahri)
Posted in Business

There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work

There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…

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An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the Iran war, in Shinas, Oman, on 11 March 2026. The Iran war, and the consequent blockade of the Strait of Hormuz, threatens to close the “goldilocks” trade window for India's economy. (Reuters)
Posted in Business

India’s trade deficit narrows before Iran war impact shows on economy| Business News

India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…

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India-US trade deal to be signed when Trump re-establishes tariff rates, Trade Secy says

India-US trade deal will be signed when America re-establishes global tariff rates, Commerce Secretary Rajesh Agrawal said on Monday, adding that President Donald Trump is…

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Posted in Economy

India’s sugar production up 10.4% so far this season

Mumbai: Indian mills produced 26.18 million metric ​tons of sugar ​between October 1 and March ​15, up 10.4% from the previous year, as higher output…

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