Primarily driven by a sharp fall in shipments to the US and a high base effect, India's engineering goods exports declined a whopping 16.71 per cent year-on-year in October 2025 to USD 9.37 billion, the Engineering Export Promotion Council of India said on Saturday.
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
India will launch formal negotiations for a Free Trade Agreement with the Russia-led Eurasian Economic Union starting today, Commerce and Industry Minister Piyush Goyal announced at a press conference in the capital on Tuesday.
GTRI urged the members of the Board of Trade (BoT) to place two issues at the top of their scheduled meeting namely Quick roll out Export Promotion Mission, and push U.S. to Drop Oil Tariff. The BoT meeting scheduled for today, will be chaired by the Commerce and Industry Minister to recomme
The domestic chemical companies continue to face major risks due to the ongoing pressure from Chinese dumping and uncertainty around US tariffs, highlighted a recent report by Systematix Research.
The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
"Melbourne is very much open for business. We live in a world where there is a lot of change happening. We are seeing new trade barriers go up, tariffs. That's not our approach in Australia. In Australia we see opportunity. New opportunity to engage like never before, whether that is tech
Rating agency ICRA has affirmed "stable" outlook on Indian civil aviation industry, with expectations that will witness modest 4-6 per cent growth in domestic air passenger traffic in the current financial year 2025-26.