India's merchandise trade deficit will be under pressure in the fiscal year 2026, as domestic private consumption is expected to remain strong, maintaining imports up, the rating agency Crisil said in its recent report.
Indian port industry will grow at the rate of 4-7 per cent over the next five years, supported by rising imports, a decline in freight costs, and the normalization of global supply chains, according to a report by Motilal Oswal.
US President Donald Trump has threatened to impose a 200 per cent tariff on champagne and other alcohol products from the European Union in response to EU tariffs on American whiskey and other goods. The move escalates trade tensions, impacting financial markets and fuelling recession fears.
India's trade deficit likely narrowed to USD 21.5 billion in February, down from USD 23 billion in January, according to a report by Union Bank of India.
The U.S. stock markets continued to decline on Tuesday after President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.
The Israel Tax Authority explained the low imports in February 2025 were due to the massive advance of vehicle imports in December 2024, on the eve of an increase in the purchase tax on electric vehicles and an update to the green taxation formula and green taxation outline in January 2025.
Nagpur (Maharashtra) [India], March 7: A Nagpur-based research and development company has developed indigenous technology for manufacturing Water-Soluble Fertilizers (WSFs), offering a major breakthrough in reducing India's reliance on imports. In FY 2023-24, the country imported 3.5 lakh t
India's export growth has been hampered over the past decade due to a combination of high import tariffs and low foreign direct investment (FDI) in mid-tech manufacturing sectors, according to a report by HSBC.
The tariffs that US President Donald Trump imposed on Chinese goods present a significant opportunity for India, if it does internal reforms to capture a share of what China loses in exports.
India on Wednesday imposed import restrictions on platinum alloys with purity less than 99 per cent, apparently aimed at curbing unfair trade of the precious metal.
Chinese Foreign Ministry Spokesperson Lin Jian expressed China's opposition to US pressure, threats and blackmailing under the pretext of the fentanyl issue.
China's finance ministry announced 15 per cent tariffs on imports of chicken, wheat, corn and cotton from the United States, as well as 10 per cent tariffs on imports of "sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products," Chinese state media said.