The recent decision by the United States to lift restrictions on Nvidia's AI chip exports to China is expected to significantly benefit South Korean chipmakers Samsung Electronics and SK hynix, particularly in the high-bandwidth memory (HBM) segment, as reported by The Korea Herald.
Driven by falling gold and crude oil shipments, India's merchandise imports show a declining trend in June 2025; however, exports remained flat, said Global Trade Research Initiative (GTRI) in its latest analysis.
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.
India's overall trade deficit (merchandise and services) narrowed significantly to USD 3.51 billion in June 2025, down from USD 7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday.
India's export status is expected to remain unchanged, as the trade data indicates strong growth opportunities in selected key product categories, according to the quarterly trade watch by government think tank, NITI Aayog.
Following a subdued start to FY2026, Rating agency ICRA projects a turnaround in the Indian mining and construction equipment (MCE) industry in the latter half of the year, driven primarily by renewed government-led capital expenditure.
India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
India could see a significant boost in its apparel exports to the United States amid ongoing tariff tensions involving key Asian exporters, according to a recent report by the State Bank of India (SBI).
Mumbai (Maharashtra) [India], July 14: The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India's textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for
The report noted that by capturing a part of the market share currently held by China and Singapore, India can increase its share in chemical exports to US.
South Korean exporters want new government to go for a strategic shift in the trade policy amid U.S. tariff risks, reveals a survey as reported by the Korea Herald.
Rajesh Agrawal, Special Secretary, Department of Commerce, emphasised the significance of India's ongoing and past Free Trade Agreement (FTA) negotiations in enhancing India's participation in global value chains.