Despite the slowdown, the HSBC Services PMI data suggests that India's services sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.
European Commission President Ursula von der Leyen on Tuesday spoke about the growing use of economic coercion -- such as sanctions, export controls, and tariffs and reaffirmed Europe's commitment to safeguarding its economic security.
India's exports of fruits and vegetables have witnessed a significant surge of 47.3 per cent in volume between the financial years 2019-20 and 2023-24, according to the Ministry of Commerce & Industry.
India and Algeria reaffirmed their longstanding diplomatic ties as Minister of State Kirti Vardhan Singh met Algerian Ambassador Ali Achoui. They discussed ways to strengthen cooperation, reflecting on decades of friendly relations.
Israel's Central Bureau of statistics reported that in November 2024, the total export of services (not including the start-up companies) decreased by 6.2 per cent compared to the previous month.
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
Mumbai (Maharashtra) [India], February 4: Mitsu Chem Plast Limited (Mitsu) (BSE: 540078), a global leading player in polymer-based moulded products, particularly in hospital furniture parts, has proudly announced achieving a remarkable 110% growth in export value during the 2024-25 fiscal pe
The two-wheeler (2W) segment, however, could see some relief as weak domestic demand may be offset by stronger export recovery. Meanwhile, the tractor industry, projected to grow at 7 per cent y-o-y, may witness an upside if healthy demand traction continues.
After the US government announced a 10 per cent tariff on all Chinese goods exported to America, China on Tuesday imposed additional tariffs on various US goods, including a 15 per cent tariff on coal and liquefied natural gas, and a 10 per cent tariff on crude oil starting from February
New Delhi [India], February 3: The highly anticipated 3rd edition of Pharma Live Expo & Summit 2025, a premier event for the global pharmaceutical, healthcare, and MedTech sectors, will be held from 17th to 19th April 2025 at the Bombay Exhibition Centre, Mumbai. Organized by ICEXPO Co
"India's final manufacturing PMI marked a six-month high in January. Domestic and export demand were both strong, supporting new orders growth. The employment PMI suggested robust job creation in the manufacturing industry, as the index increased to its highest level since the series was cre
Howard Lutnick, the nominee for US Commerce Secretary, has accused DeepSeek, a newly launched artificial intelligence model from China, of stealing US technology and getting around US export controls to obtain Nvidia chips, the Asia Times reported.