India-China Trade Gap Widens to $116 Billion in 2025
India's exports to China increased by 9.7% in 2025, reaching $19.75 billion. However, the trade deficit ballooned to a record $116.12 billion as Chinese exports grew faster.
Category : Trade & Export
Air India, Saudia Sign Codeshare Deal to Boost Connectivity
Air India and Saudia signed a codeshare agreement to enhance travel between India and Saudi Arabia, offering streamlined booking and expanded destination access.
Auto Component Exports Rise 9.3% in April-September
India's auto component exports surged by 9.3% in the April-September period, reaching $10.5 billion. The growth is driven by strong demand from key markets like the US and Europe.
India-US Trade Talks Resume After Holidays, No Deadline
Trade negotiators from India and the US have restarted virtual discussions for a bilateral agreement after the Christmas break. Officials confirm engagement but refuse to set a signing timeline.
US Supreme Court to Rule on Trump's Global Tariffs
The US Supreme Court is poised to deliver a verdict on Donald Trump's global tariffs, a case testing presidential authority and impacting global trade. Trump warns of financial fallout if the court strikes down the levies.
Trump Eyes Greenland Rare Earths, Billionaires Invest in Mining
The US shows strategic interest in Greenland's rare earth reserves. Tech billionaires like Gates and Bezos invest in mining projects for AI chips and advanced technologies.
Air India-Saudia Codeshare Opens New India-Saudi Routes
Air India and Saudia have launched a codeshare partnership, expanding travel options between India and Saudi Arabia with enhanced connectivity and convenience for passengers.
India-China Trade Deficit Hits Record $116 Billion in 2025
India's exports to China increased in 2025, but the trade deficit soared to a record $116 billion, highlighting ongoing economic challenges in bilateral trade relations.
IndiGo Faces Backlash Over Treatment of 10-Year-Old Solo Traveler
Writer Neelesh Misra alleges IndiGo staff spoke rudely to his daughter during solo flight. Airline responds, sparking online debate about child safety protocols.
SCOTUS to Rule on Trump Tariffs Legality Today
The US Supreme Court prepares to deliver a crucial ruling on whether former President Trump's sweeping tariffs, including those affecting India, were legal. The decision could trigger massive refunds.
US Sets Security Rules for Nvidia's China Chip Sales
The Trump administration enacts new security requirements for Nvidia's H200 AI chip exports to China, including supply checks and customer verification.
China Investigates Trip.com for Suspected Monopoly Breaches
Chinese regulators launch investigation into Trip.com Group for potential misuse of dominant market position, following earlier crackdowns on tech giants like Alibaba.
US Tariff Threat Clouds India's Basmati Rice Trade with Iran
India's basmati rice exports to Iran face uncertainty as the US threatens a 25% tariff on countries trading with Tehran. The commerce ministry will consult exporters to assess impact and safeguard shipments.
China's Oil Purchases Stabilize Global Market Amid Tensions
China's aggressive buying for its strategic petroleum reserves has prevented oil prices from collapsing, acting as a crucial buffer in an oversupplied market.
India's Tariff Burden After Trump's Iran Move
Indian exporters face uncertainty as they await clarification on potential US tariffs following Trump's warning on Iran trade. The Federation of Indian Export Organisations says firms comply with sanctions.
India's Tariff Burden After Trump's Iran Move
Indian exporters face uncertainty over potential US tariffs after Trump's warning on Iran trade. FIEO says firms comply with sanctions but seek clarity on impact.
Maharashtra Tops NITI Aayog Export Index 2024
Maharashtra emerges as the top-performing state in NITI Aayog's Export Preparedness Index 2024, followed by Tamil Nadu and Gujarat, according to the latest report.
India Authorizes IACCIA for WANA Export Certificates
The government has authorized IACCIA to issue non-preferential certificates of origin for exporters trading with West Asia and North Africa, aiming to ease documentation bottlenecks.
Trump Firm's Stablecoin Deal with Pakistan Central Bank
World Liberty Financial, linked to Donald Trump's family, partners with Pakistan to integrate its USD1 stablecoin into the country's digital payments system, marking a significant crypto-government collaboration.
Maharashtra Leads Export Readiness Index 2024
Maharashtra has secured the top position in NITI Aayog's Export Preparedness Index 2024, with Tamil Nadu and Gujarat ranking second and third respectively, highlighting regional export competitiveness.
Akasa Air Pune-Bengaluru Flight Delayed 4+ Hours
An Akasa Air flight from Pune to Bengaluru faced a major delay of over four hours due to a technical issue. Passengers remained seated for hours without proper information before deboarding.
Lakshadweep Matsya Mela Ends, Pushes for Fisheries Hub
The three-day Matsya Mela in Kavaratti concluded, advocating for an integrated fisheries hub to boost Lakshadweep's economy and secure livelihoods through streamlined marketing and sustainable practices.
Crisil: Venezuela Oil Won't Impact India's Trade, Credit
Crisil Ratings states that Venezuela's oil supply changes will not materially affect India's global trade or corporate credit quality, with direct trade being minimal.
Trump's Iran Tariff: Low Impact on India's Trade
US President Donald Trump's new 25% tariff on countries trading with Iran is expected to have little effect on India, as bilateral trade has dwindled to just $1.6 billion, with Iran not among India's top 50 partners.
India Falls to Third Place in Russian Oil Imports
India has slipped to the third position among importers of Russian crude oil, with China now leading. This shift reflects changing global energy dynamics and market strategies.
Himachal CM Sukhu to Fight for Apple Growers on Import Duty
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu pledges to meet Union ministers to address apple growers' concerns over reduced import duty on New Zealand apples.
Iran Crisis Hits Basmati Exports, Prices Fall Amid Payment Delays
The ongoing crisis in Iran is severely impacting India's basmati rice exports, causing prices to drop and payment delays to mount. Industry experts express deep concern over the future of this vital trade.
British Columbia Eyes Natural Gas, Timber Exports to India
British Columbia's minister, with Punjab roots, visits Bengaluru to boost natural gas and timber exports to India, inviting tech firms for partnerships.
Akasa Air Flight Diverted to Jaipur After Failed Landings
An Akasa Air flight from Mumbai to Ahmedabad was diverted to Jaipur after two unsuccessful landing attempts due to unstable wind conditions at Ahmedabad airport.
Aluminum Dips from 3-Year High, Copper Holds Near Record
Industrial metals like aluminum and copper show mixed trends after a strong start to the year, with investors weighing demand concerns and geopolitical risks.
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