The US accounts for about 18 per cent of India's merchandise exports, including electronics, pharmaceuticals, and petroleum products, among others. However, India's economy is largely driven by domestic demand, so the potential fallout from weaker US growth will likely be contained.
This move, driven by rising domestic demand, is expected to add an additional 160-170 million tons of cement production annually. The industry's expansion will be predominantly funded through internal accruals, with minimal reliance on d
Bunkering activity in India has experienced significant growth in 2024, with the total number of bunkering and ship-to-ship (STS) calls to Indian ports increasing by 64 per cent year-on-year through July.
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
India's gold market continued its strong year-to-date (y-t-d) performance in July, with gold prices reaching Rs 65,314 per 10 grams, marking a 4.5 per cent return for the month and a 17.5 per cent y-t-d return. This strong performance was a key driver of the inflows into Indian gold ETFs, as
In the first quarter, a record 26 GW of renewable projects were awarded through competitive tenders. The second quarter saw a normalization with about 7 GW of capacity awarded.
The latest data from the U.S. Energy Information Administration (EIA) reveals that liquefied natural gas (LNG) exports from the United States to India have shown noteworthy developments in recent months.
Commodity-wise, paddy, pulses, oilseeds, millets, and sugarcane sowing have been higher year-on-year. Sowing for cotton and jute/mesta has, on the other side, declined.
In a significant move to bolster India's agricultural export and import capabilities, the Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal approves the Jawaharlal Nehru Port Authority (JNPA)'s project of 'Development of Export-Import cum Domestic Agricultural Commodity-Ba