Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, North Africa and…
Gold imports spiked 95% to $7.2 billion in October, causing the merchandise trade deficit to rise to an all-time high…
To provide relief to consumers, the government in June last year had reduced the import duty on refined soybean and…
The US surpassed China as India’s biggest trade partner in 2022, with bilateral shipments reaching a record $137.24 billion, up…
The council has also suggested the government to consider permitting the export of all value-added leathers, including crust leathers, freely…
The tariff rationalisation could also increase the domestic production of mobile phones to $82 billion.
S&P Global Commodity Insights also notes that Russian inflows will likely bounce back in the coming months as crude runs…
The momentous rise in service exports has been at the crux of India’s post-pandemic resilient economic push. Backed by a…
To eliminate imports of domestically available fuel varieties by March 2026, says coal secretary.
Import dependence in the case of pulses and oilseeds has risen significantly in recent years.
The established supply chains and market dynamics of this business, which is expected to reach a value of $2 million…
On a balance of payments basis, services trade accounted for 30% of India’s total trade in 2019; in terms of…
Prasenjit Basu and Laavanya Sisaudia, analysts and economists at ICICI Securities, said, “Given the broad based cyclical rebound in engineering…
Production of pulses according to the study is projected to increase to 35 MT by 2030-31.
The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union…
India needs to focus on increasing our competitiveness so that it can take a larger market share of the 25…
At present, high-value fruits and vegetables are shipped through air which jacks up costs and blunts the competitive edge in…