Indian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed from 50 per cent to 10-25 per cent after the latest tariff imposed by US President Donald Trump on wood products, said policy think tank GTRI.
ICEA reported that exports increased from USD 1.09 billion in August 2024 to approximately USD 1.53 billion in August 2025, with shipments to the United States more than doubling. Exports to the US increased by 148 per cent to USD 965 million in August 2025, compared to USD 388 million in Au
Growth in India's IT services exports could slow to below 4 per cent due to fresh risks from the sharp hike in H-1B visa fees, according to a report by Emkay.
Union Minister Piyush Goyal said India has the strength to face global challenges and must focus on swadeshi and Atmanirbhar Bharat. Speaking at EEPC India awards, he highlighted India's export growth, MSMEs' role and PM Modi's economic reforms.
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
Indian BPO services' export growth has outpaced that of IT services over consecutive years and is expected to maintain this momentum in the Financial Year 2026 (estimated), according to a report by Kotak Institutional Equities.
Pakistan's trade deficit surged by a staggering 44 per cent in July, driven by a sharp increase in imports, raising fresh concerns about the country's economic situation, which is already in a crisis, The Express Tribune reported.
Hyderabad (Telangana) [India], August 4: Standard Glass Lining Technology Limited has delivered a strong performance in Q1 FY26, supported by healthy revenue growth and profitability margins. Company has also taken a few strategic initiatives that create additional growth opportunities.
India's key seafood exports to the UK currently include Vannamei shrimp (Litopenaeus vannamei), frozen squid, lobsters, frozen pomfret, and black tiger shrimp--all of which are expected to gain further market share under CETA's duty-free access.
Taiwan's export momentum is projected to decelerate in the latter half of 2025, following a strong performance earlier in the year, according to the Taiwan Ministry of Economic Affairs. The anticipated slowdown is largely attributed to upcoming U.S. tariff increases, as reported by Focus Tai
India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Securities in its latest report.
The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles (CV), and passenger vehicles (PV), while domestic sales are likely to remain show a mixed bag, according to a report by Axis Securities.