In yuan terms, total trade in the first two months came in at 6.18 trillion yuan (USD 890.5 billion), edging down 0.8 per cent year-on-year. Exports saw a slight increase of 0.9 per cent while imports went down 2.9 per cent, according to the customs data.
Nepal Prime Minister Pushpakamal Dahal Prachanda has sought India's help in the research and exploration of Ayurveda in the Himalayan nation. Prachanda said his government will promote health tourism by popularising Ayurveda and take decisions to systematise the imports and exports of the mo
The profitability of the Indian oil marketing companies (OMCs) has increased as retail selling prices of petroleum products have "remain unchanged" during six months in 2022.
The non-opening of letters of credit (LCs) for imports of raw material is costing Korean companies "millions of dollars" in lost sales, said senior officials from the state-backed trade body as well as the local chamber of Korean investors.
The critical indices of the domestic market -- BSE Sensex went up 335 points to 61,610.20 while Nifty gained 94 points to 18,113.15 on Thursday morning.
China has been making major investments in Nepal, which it claims will boost its economy but they may be aimed at assertng its influence in the eartwhile Himalayan kingdom, epardafas.com, an online magazine based in Nepal reported, adding that these infrastructural investments in Nepal will
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
The government announced an outlay of Rs 19,700 crore for the recently launched National Green Hydrogen Mission, which it said will facilitate the transition of the economy to low carbon intensity, reduce dependence on fossil fuel imports and make the country "assume technology and market
Fitch Solutions anticipated that the current cycle of rupee devaluation has not yet ended and that rupee will continue to lose its value against the US dollar, considering the high demand for foreign currency to pay for imports and repay colossal foreign debt.
India's foreign exchange reserves stood at USD 532.7 billion as of September-end of 2022, covering 8.8 months of imports according to the Economic Survey tabled by Union Finance Minister Nirmala Sitharaman in Parliament today.