India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion.
India's fisheries sector has witnessed significant growth and transformation over the past two decades, the Ministry of Fisheries, Animal Husbandry and Dairying said in a release on Saturday.
The Export-Import Bank of India (India Exim Bank) has projected India's total merchandise exports for the fourth quarter (January-March) of financial Year (FY) 2025 to reach USD 124.8 billion, reflecting a year-on-year growth of 3.64 per cent.
"The Government's commitment to fiscal consolidation has put us in a good state and the survey participants expected the government to remain on that course," the survey said.
India is now the seventh-largest coffee producer globally with exports reaching USD 1.29 billion in financial year (FY) 2023-24, almost double the USD 719.42 million in 2020-21, the Ministry of Commerce and Industry stated in release.
India Exim Bank (Export-Import Bank of India) has raised USD 1 billion by issuing 10-year bonds in the international market, the bank announced on Tuesday. This makes it the first Indian organisation to issue dollar bonds in 2025.
Union Minister of Textiles Giriraj Singh stated that the textile ministry is committed to helping the industry to reach the market size of USD 300 billion in year 2030 and provide employment to 6 crore persons in textile value chain, the Ministry stated in a release on Sunday.
India's solar module manufacturing industry is poised for a significant transformation over the next five years, with the export-import balance expected to improve substantially, according to a report by CRISIL.
India has the 4D (Four-dimensional) advantage of Democracy that gives investors an assurance that they will not be discriminated in the country, said Union Commerce and Industry Minister, Piyush Goyal on Tuesday.
A meeting was held on Thursday at the Andhra Pradesh Secretariat, where KEXIM representatives engaged with state officials to explore potential partnerships.
Quarterly report of Exim Bank suggests that the country's economy continues to demonstrate strong activity, driven by sustained momentum in both the manufacturing and services sectors. Additionally, expected global monetary easing and improving demand prospects from trading partners are like