Kochi (Kerala) [India], April 8: The US Government announced reciprocal tariffs on all goods being imported to the US, which will have major impact on global trade, disrupting the established supply chain. The tariff proposed for India is 26% on all products exported to the US, including sea
Gujarat Chief Minister Bhupendra Patel stated that under Prime Minister Narendra Modi's leadership, initiatives like Make in India, Atmanirbhar Bharat, and Startup India have greatly encouraged young entrepreneurs, driving the growth of global as well as small, micro, and medium enterprises,
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
In a telephonic conversation, the official told ANI, "There is no shortage of rice in Bangladesh at this moment. However, due to recent severe floods, the government has decided to import rice in order to avoid the crisis in the future."
Union Minister for Commerce and Industry Piyush Goyal on Thursday expressed optimism about India's economic growth, projecting that the country's exports will surpass USD 1 trillion within the next two to two-and-a-half years.
India's export recovery may encounter challenges due to softening demand in developed markets, the Ministry of Finance in its monthly report said on Monday.
India has achieved a significant milestone by recording its highest-ever merchandise exports of USD 39.2 billion for October month in the last decade, highlighting the country's growing strength in global trade, as per the official data released by the Directorate General of Commercial Intel
India's overall exports, merchandise and services combined, in October were to the tune of USD 73.21 billion, a 19.07 rise on a yearly basis, Commerce Ministry data showed on Thursday. Same month last year it was USD 61.48 billion.
A substantial decline in the prices of crude oil and similarly petroleum products is one of the key reasons behind the moderating exports globally, including India which exports refined products to various countries.
The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the export of India's first ready-to-drink fig juice to Poland, the Ministry of Commerce and Industry said on Saturday.
During the first four months of 2024-25 (April-July), India's total exports now stand at around USD 260 billion. The government has expressed optimism about reaching its full-year target of USD 800 billion
India's exports in the first quarter of 2024-25 (April-June) crossed the USD 200 billion mark and the government is optimistic about reaching the full-year target of USD 800 billion.