The recent depreciation in the Indian Rupee is unlikely to have any significant impact on CPI inflation in the country, as India has a low dependence on imports for food products, highlighted a report by Bank of Baroda.
As Russian President Vladimir Putin is in India, Congress MP Shashi Tharoor praised the importance of the relationship with Moscow, stating that from oil and gas to defence equipment, which played a seminal role in Operation Sindoor, Russia has stood by India, and that the ties between the t
Russian President Vladimir Putin's visit to India has drawn strong attention from industry leaders, who believe the trip could mark a new chapter in trade relations between the two nations. Industry experts say the discussions are focused on boosting bilateral trade, balancing imports and ex
West Asia strategist Waiel Awwad on Thursday stated that if Prime Minister Narendra Modi's consistent message of ending the Russia-Ukraine war resonates strongly with President Putin during his upcoming state visit, it could see a reduction in mounting US tensions with New Delhi over energy
The European Union announced it is entering a "new era" by phasing out all Russian gas and oil imports, with gas imports to stop by autumn 2027, European Commission President Ursula von der Leyen said on Wednesday.
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods exports declined on a sequential basis following the rollout of higher US tariffs on In
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.
The merchandise trade deficit moderated to US$ 87.4 billion in Q2, marginally lower than USD 88.5 billion in the corresponding period last year. Exports and imports both grew, but the increase in exports helped contain the deficit.
He said this move will place India among the allied group of nations with the capability to produce these critical components domestically, reducing dependence on imports and enhancing strategic autonomy.
Pakistan's economy faces renewed strain as its current account deficit widens, with GDP growth expected to stagnate at 2.4%, The Express Tribune reported. An LSE study warns that without structural reforms, rising deficits, inflation, and weak external stability will continue to hinder econo
Israel's Finance Minister Bezalel Smotrich expanded the exemption from VAT on personal imports to a value of up to USD 150, up from the current limit of USD 75.
India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin