Search For "global trade"
Trump's auto tariff has limited impact on India, it may even open doors fo
Updated : 1 year ago IST
The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India's automobile industry, according to a statement by the Global Trade Research Initiative (GTRI).
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India poised to become major driver for global trade, ranks third after US
Updated : 1 year ago IST
India is set to become a major driver of global trade growth over the next five years, ranking third in terms of absolute trade expansion, according to the DHL Trade Atlas 2025 report.
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India to drive 6 pc of global trade growth, securing third place worldwide
Updated : 1 year ago IST
India will make a significant strides in the global trade over the next five years, contributing about 6 per cent in the world's trade growth, just behind China at 12 per cent and the United States at 10 per cent, a joint report by DHL and the New York University Stern School of Business.
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Trump aides prep new tariffs on imports worth trillions for 'Liberation D
Updated : 1 year ago IST
The Trump administration is preparing to impose sweeping new tariffs on imports worth trillions, with an April 2 deadline dubbed "Liberation Day." The move, aimed at forcing companies to manufacture in the US, has sparked economic concerns and market volatility.
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India insulated from global trade war, says Fitch; revises GDP growth fore
Updated : 1 year ago IST
Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war. However, it adds that India is somehow insulated because of its self-sufficiency.
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Fitch Ratings sharply cuts world growth forecast because of US imposed glo
Updated : 1 year ago IST
President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.
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BRISKPE Secures RBI's In-Principle Authorisation to Operate as PA-CB for E
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
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India stands to gain in an increasingly uncertain world of tariffs: SBI Re
Updated : 1 year ago IST
India runs a marginal trade deficit with the USD 13 million in aluminium goods, and USD 406 million in steel goods. While India doesn't figure among top 10 importers of steel products, accounting for just 1 per cent of imports to the US, it is among the top 10 in aluminium imports. However,
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FIFI Pavilion Inaugurated at AAHAR 2025 by Global Dignitaries and GOI Offi
Updated : 1 year ago IST
New Delhi [India], March 12: The Forum of Indian Food Importers (FIFI) Pavilion at AAHAR 2025, India's premier international food and hospitality trade fair, was inaugurated by esteemed dignitaries, including H.E. Guillermo Rubio Funes Ambassador of El Salvador to India, H.E. Kenneth Felix d
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India best placed in Asia for growth outlook amid trade tensions: Morgan S
Updated : 1 year ago IST
Despite ongoing global trade tensions India is the best-positioned country in Asia for economic growth, according to a report by Morgan Stanley.
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Highland Group Puts Odisha on the Global Map with Landmark Lulu Group Part
Updated : 1 year ago IST
Balasore (Odisha) [India], March 3: In a groundbreaking move that underscores Odisha's rising prominence in the global trade arena, Highland Group has signed a Memorandum of Understanding (MoU) with retail giant Lulu Group, paving the way for the state's premium seafood, agricultural, and pr
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Ubuy Powers Innovation at Arya College TechFest "Innovastra"
Updated : 1 year ago IST
Jaipur (Rajasthan) [India], March 3: Ubuy, a leading global e-commerce platform, proudly presented the Arya College Fest, Innovastra, reaffirming its commitment to fostering innovation and providing opportunities in the tech world for students. Innovastra, a 24-hour Hackathon, was held from
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