India-Russia Steel Cooperation Strengthened in Round Table
India and Russia held a high-level round table to enhance cooperation in the steel sector, focusing on supply chains, technology, and research amid global uncertainties.
Category : Trade & Export
Amazon's First Smart Warehouse in China Aims to Cut Seller Costs
Amazon launches its inaugural smart warehouse in Shenzhen, China, designed to reduce storage costs by up to 45% for cross-border sellers. The move intensifies competition with Shein and Temu in global e-commerce.
India's Mango Paradox: Top Producer Exports Just 1%
India produces over 45% of the world's mangoes but exports only 1% due to massive domestic consumption and logistical challenges. Explore the data and reasons behind this surprising trade gap.
EU Carbon Tax Expansion from 2028 Challenges Indian Exporters
Indian exporters brace for significant new challenges as the European Union plans to broaden its carbon tax scope starting January 2028, potentially affecting most industrial products by 2030, according to a GTRI report.
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Ground Collision at Delhi Airport Damages Two Aircraft
A SpiceJet aircraft struck a stationary Akasa Air plane while taxiing at Indira Gandhi International Airport, causing damage to both aircraft. All passengers and crew are safe, with investigations ongoing.
Brand Deficit Hinders Rs 20-200 Crore Exporters: Beryl Agency
A study by Beryl Agency, based on 1,573 client engagements, reveals a significant brand deficit among Indian exporters with turnovers of Rs 20-200 crore, limiting their global competitiveness and growth potential.
Middle East Conflict Causes Severe Power Crisis in Pakistan
Pakistan faces electricity deficits up to 4,500 MW as Middle East conflict disrupts LNG supplies via Strait of Hormuz, impacting homes and industries with outages lasting up to 14 hours.
India's Trade Gap May Widen in FY27 Due to Global, Oil Risks
A report warns that India's trade deficit could expand in FY27, driven by global economic uncertainties and rising oil prices, posing challenges for the economy.
UP Wage Hike Sparks Export Crisis: Garment Makers Fear Order Exodus
Uttar Pradesh's 21% wage hike for workers has garment exporters in Noida and Ghaziabad warning of business losses and potential order shifts to Bangladesh, Cambodia, and Vietnam amid labor unrest and squeezed margins.
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Rs 202 Billion Export Deal Signals Major Overseas Push
A landmark Rs 202 billion export deal has been signed, highlighting India's aggressive strategy to boost international trade and expand its global market presence significantly.
India Post Issues Special Cover for Mumbai WTC
India Post has released a commemorative postal cover for Mumbai's World Trade Centre, celebrating over 50 years of its pivotal role in India's global trade expansion and economic development.
Akasa Air Launches Mumbai-Hanoi Direct Flights from Sept 4
Akasa Air announces the launch of direct flights between Mumbai and Hanoi starting September 4, marking a significant expansion of its Southeast Asia network and boosting India-Vietnam connectivity.
Gulf Uncertainty Tests Kerala, New Opportunities May Emerge
Reports of layoffs and hiring freezes in Gulf nations cause anxiety for Kerala families reliant on NRI incomes, but potential new economic opportunities could arise.
US Ends Russian Oil Waivers, India Faces Supply Pressure
The United States has decided not to renew sanctions waivers for Russian oil purchases, impacting India's discounted crude imports and forcing a strategic reassessment.
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Urea Prices Double, India Plans Digital Curb on Fertiliser Use
India Potash Ltd receives urea offers at $935-$959 per tonne, double recent rates, due to West Asia conflict. Government considers mobile app to limit excessive fertiliser use amid subsidy concerns.
India Hits Record $860 Billion Exports in FY26 Amid Global Headwinds
India's total exports, including goods and services, reached a historic $860.1 billion in FY 2025-26, growing 4% despite West Asia conflict and global economic pressures.
MP Attracts Rs 7,800 Crore FDI, Six Global Firms Invest
Madhya Pradesh has secured foreign direct investment of approximately Rs 7,800 crore over two years, with six international companies from the UK, Canada, USA, and South Korea advancing projects in pharmaceuticals, food processing, renewable energy, leath
India Rejects US Trade Probes, Calls for Bilateral Dialogue
India has formally rejected US Section 301 investigations on forced labor and excess capacity, urging bilateral resolution during ongoing trade negotiations. Talks between Indian and American officials are set to begin in Washington.
India's Gem & Jewellery Exports Dip 3.32% to $27.72 Billion
India's gem and jewellery exports declined 3.32% to $27.72 billion in FY 2025-26 amid global uncertainties, with silver jewellery surging 52.21% while diamonds fell 8.52%, according to GJEPC data.
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India's Exports Hit $860 Billion in FY25-26 with 4% Growth
India's exports have climbed 4% to reach $860 billion in the fiscal year 2025-26, reflecting strong performance in global trade and economic resilience.
Farmers Announce Rail Blockade Over Wheat Procurement Issues
Farmer groups SKM, KMM, and AKM will block rail traffic in Punjab for three hours on April 17, protesting slow wheat procurement and demanding quality norm relaxations due to crop damage from unseasonal rains.
Kashmir-Delhi Cargo Train Starts April 17 for Valley Traders
Northern Railway launches a rapid cargo train from Delhi to Kashmir on April 17, aiming to support fruit growers and handicrafts merchants with faster transit times.
India Rejects US Trade Probes, Demands Termination
India has firmly denied US allegations of unfair trade practices in Section 301 investigations, calling for immediate termination and preferring bilateral negotiations over unilateral measures.
Onion Exports Up 40%, Diversify to New Markets
India's onion exports rose to 1.35 lakh tonnes in March, a 40% increase year-on-year, with shipments diversifying to Malaysia, UAE, and Sri Lanka despite West Asia conflict and Bangladesh restrictions.
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Russian LNG Heads to India Amid US Sanctions and Energy Diplomacy
A Russian LNG cargo from the sanctioned Portovaya plant is en route to India's Dahej terminal, marking a potential first such shipment since US pressure. India maintains energy procurement is based on price and security, not political commitments.
New Scheme to Boost Mobile Phone Exports in India
The Indian government is set to rollout a new scheme aimed at significantly boosting mobile phone exports, building on the success of the earlier PLI initiative launched in 2020 with an outlay of Rs 40,995 crore.
India Gets First Russian LNG Under US Sanctions
India imports its first shipment of Russian liquefied natural gas under US sanctions, marking a strategic energy move amid global tensions and boosting bilateral trade.
Indian Trade Delegation to Visit US for Bilateral Agreement
An Indian delegation is set to visit the United States next week to advance a bilateral trade agreement, following a framework established in February that aims to substantially reduce tariffs.
China Becomes India's Largest Trading Partner in FY26
China has surpassed the United States to become India's largest trading partner in FY26, with bilateral trade reaching $118.4 billion. The trade deficit with China expanded significantly to $112.16 billion, raising economic concerns.
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India's Exports, Imports Fall in March, Trade Deficit Narrows
India's merchandise exports and imports experienced a sharp decline in March 2024, leading to a narrowed trade deficit. Key sectors like engineering goods and petroleum products saw significant drops, reflecting global economic pressures.
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