Hyundai Motor India Limited (HMIL) recorded total monthly sales of 58,701 units last month, this includes domestic sales of 43,861 units and exports of 14,840 units in May 2025, which shows the demand for the car overseas.
South Korean exports to the US were down 8.1 per cent for the month of May compared to the same month last year, weighed down by US President Donald Trump's tariff, which took a toll on the automobile sector, the Korea Herald reported on Sunday, citing the government of Korea's data.
The robust GDP numbers of the Indian economy in the fourth quarter of the fiscal year 2025 are because of good domestic consumption, government investment, and relatively lower dependence on exports, say experts reacting to the numbers.
U.S. President Donald Trump's decision to double tariffs on steel and aluminium imports is set to impact India's metal exports worth USD 4.56 billion, a report by Global Trade Research Initiative (GTRI) has warned.
Speaking to reporters on the sidelines of the Confederation of Indian Industry (CII) Annual Business Summit-2025 in the national capital, Kamat said that weapons used during the 'Operation Sindoor' have built confidence among importing countries.
As per a report by ICICI Bank, this marked a stronger growth momentum in the second half of the financial year compared to the first half, powered by a rise in government spending and a pick-up in rural demand, domestic travel and services exports.
Union Commerce and Industry Minister Piyush Goyal has suggested the exporters to create a facility that makes Indian traders easily discoverable by overseas buyers to further boost our country's exports.
Shiv Sena MP Shrikant Shinde, who is leading multi-party delegations to Congo on Tuesday (local time) launched a scathing attack on Pakistan for its involvement in promoting terrorism.
Government restoring Remission of Duties and Taxes on exported products is welcomed by the Global Trade Research Initiative (GTRI) but suggested that government must ensure uninterrupted coverage of the scheme for at least five years.
South Korean exporters are expected to see a 4.9 per cent decline in exports during 2025 on a year-on-year basis, if US President Donald Trump goes ahead with his current tariff policies, revealed a new survey released on Monday, reports the Korean Herald.
The government of India on Tuesday announced the restoration of benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exports made by Advance Authorization (AA) holders, Export-Oriented Units (EOUs), and units operating in Special Economic Zones (SEZs),