India's merchandise trade deficit remained elevated at USD 26.5 billion in August 2025, despite narrowing modestly from USD 27.4 billion in July, according to a report by Nuvama Institutional Equities.
"You can't even blame this foreign policy disaster on the 70 years of Congress," Kharge posed on X, adding that the Prime Minister failed to negotiate a trade deal with the US.
"I feel that Trump's second term means belittling India all the time. Our country's leadership - from the Prime Minister to his ministers - has no person with the capacity. We should retaliate and give an answer. The country's Prime Minister has the fourth-largest following on 'X'. After wha
Rajesh Agrawal, Special Secretary, Department of Commerce, emphasised the significance of India's ongoing and past Free Trade Agreement (FTA) negotiations in enhancing India's participation in global value chains.
"Our trade with both Iran and Israel, while important, constitutes a small share of our overall export-import basket. The government and industry are jointly monitoring developments to ensure minimal disruption," the exporters' body chief said.
Under the "Make in India" initiative, the Marhowrah Diesel Locomotive Factory in Bihar is set to export 150 Evolution Series ES43ACmi locomotives--built in collaboration with Wabtec--to power Guinea's Simandou iron-ore project.
India's trade performance in May 2025 has shown strength and stability, even in the face of uncertain global conditions, according to views shared by industry experts and economists.
India's overall exports, merchandise and services combined, in May were to the tune of USD 71.12 billion, a 2.77 per cent rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 69.20 billion.
The Indian automobile industry is expected to face disruptions following China's decision to tighten export controls on rare earth elements (REEs), which are critical in manufacturing chips used in automobiles, according to a report by Emkay Research.
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.
The recent executive orders on pharma issued by President Donald Trump are expected to create significant challenges for Indian pharmaceutical companies, especially those operating in the U.S. generic drug market, according to a report by Nuvama Research.