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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…
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…
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…
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…
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…
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…
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…
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…
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…
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…