Search For "export"
Trade deficit in Jan'25 widens because non-oil, non-gold deficit reaches d
Updated : 1 year, 1 month ago IST
India's merchandise trade deficit surged to USD 22.99 billion in January 2025, exceeding market expectations of USD 21.0 billion. This marks an increase from USD 21.94 billion in December 2024 and USD 16.56 billion in January 2024.
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Indian mobile manufacturing companies exported Rs 1.5 lakh crore worth of
Updated : 1 year, 1 month ago IST
India's mobile phone manufacturing industry has reached an unprecedented milestone, with exports soaring to a record Rs 1.5 lakh crore in January 2025, according to the India Cellular and Electronics Association (ICEA).
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India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs:
Updated : 1 year, 1 month ago IST
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
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UAE-based Ducab Metals Business aims to double export to India in 2025 und
Updated : 1 year, 1 month ago IST
India accounts for 25 per cent of its global exports, with the company set to double its presence in 2025, by tapping into India's industrial transformation.
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India-US taking steps to strengthen economic ties, enhance bilateral trade
Updated : 1 year, 1 month ago IST
One of the major announcements was "Mission 500," an ambitious goal to double bilateral trade to $500 billion by 2030. This initiative underscores the commitment of both nations to enhancing economic cooperation and leveraging mutual strengths to drive trade growth.
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India's crude steel capacity needs 8 pc CAGR to meet Govts 300 mn MT targe
Updated : 1 year, 1 month ago IST
India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.
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India's exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade defic
Updated : 1 year, 1 month ago IST
Commerce Secretary Sunil Barthwal highlighted the robust export performance during April 2024 to January 2025, stating, "Our exports during April-Jan has seen a growth of 7.21 percent. During April-Jan we have witnessed USD 46 bn Dollar increase from the last year same period. During the sam
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If imposed, safeguard duty on steel imports will have limited impact on do
Updated : 1 year, 1 month ago IST
If the Indian government imposes safeguard duties on steel imports it will have a limited impact on the domestic steel Industry, says a report by HDFC Securities.
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Impact of U.S. Tariff Reciprocity on Indian exports likely to be limited:
Updated : 11 months, 3 weeks ago IST
The impact of U.S. tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
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Our target is three-fold increase in textile exports to Rs 9 lakh crore by
Updated : 1 year, 1 month ago IST
Prime Minister Narendra Modi said on Sunday that India's textile exports have reached Rs three lakh crore and the target is to take it to Rs 9 lakh crore by 2030.
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India's fisheries sector witnesses rise with around 8% share in global fis
Updated : 1 year, 1 month ago IST
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.
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Trump's reciprocal tariff may impact India if imposed on sectors: Trade ex
Updated : 1 year, 1 month ago IST
The impact of the proposed reciprocal tariffs by the United States on India will depend on how the policy is implemented--whether on a sectoral basis or a product-specific basis.
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