Commerce Minister Piyush Goyal on Friday said that the recently-created Inter-Ministerial Group has been in regular touch with exporters, amidst tensions in West Asia that invariably disrupted trade and shipping lines.
New Delhi [India], March 6: The Western India Film & TV Producers' Association (WIFPA), in collaboration with the Service Export Promotion Council (SEPC) under the Ministry of Commerce and Industry, Government of India, successfully hosted the first "Gujarat Entertainment and Media Industry
India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded
Speaking to ANI, Deka said that the tea is usually rerouted through Dubai, which also acts as an exporting centre in the Middle East. He further stated that the conflict had occured at a time when Assam's tea exports had gotten better, and if the current regime in Iran changed, the situat
New Delhi [India], March 3: India's No. 1 tractor export brand, Sonalika, continues to combine product innovation with deep farmer engagement and leverage agile market outreach to stay ahead of the curve, as precision farming and advanced agri-technologies gain ground across regions.
The ongoing conflict in the Middle East following the reported joint military action by the United States and Israel against Iran is expected to significantly impact India's gems and jewellery sector, particularly exports and imports to Israel and Dubai, industry stakeholders said.
Prime Minister Narendra Modi on Tuesday called upon Micro, Small, and Medium Enterprises (MSMEs) and industry leaders to prioritise a strategy of building, producing, and connecting more to enhance India's export capabilities.
If the oil prices move higher it would be negative for Asian stocks, but if the ongoing conflict ends relatively quickly, any adverse impact on markets is likely to be short-lived, according to a report by Invesco.
"We are continuously monitoring the evolving situation, and all necessary steps will be taken in order to ensure availability and affordability of major petroleum products in the country," the Ministry of Petroleum and Natural Gas said in a post on X.