Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at
India signs deals with Brazil, Argentina for pulses import
NEW DELHI : India is diversifying its import of pulses to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of
Türkiye’s share in global exports hits record level in 2023
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The
17 Indians on ship “MSC Aries” seized by Iran off UAE coast amid tensions
TEHRAN : Iran seized a cargo ship linked to Israeli businessman Eyal Ofer on Saturday amid growing concerns about a wider Middle East war. Indian authorities are now
India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue &
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
Petregaz India commissions its Rs 600 cr LPG import and storage terminal
NELLORE : Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as
Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red
Citroën becomes the first multinational carmaker to export Made-in-India EVs from India
CHENNAI : French carmaker Citroën became the first multinational car manufacturer in India to export domestically made electric vehicles to the international market. The company on Thursday announced