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Trump’s tariffs threaten over $350 million of exports, force Indian MSMEs to de-risk from US

NEW DELHI : India’s MSME exporters are scouring for other destinations as US President Donald Trump’s tariffs threaten the margins of smaller players who have already...

Bangladesh announces import ban on certain products from India, Nepal and Bhutan

DHAKA : The National Board of Revenue (NBR) has imposed a ban on the import of several products from India, Nepal, and Bhutan. According...

Japan to gift Shinkansen Train sets to India for high-speed bullet train testing

TOKYO : Japan is set to give India’s high-speed rail ambitions a major boost by providing two sets of its celebrated Shinkansen Trains at...

China now faces up to 245% tariffs from US : White House

WASHINGTON D.C. : China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to...

WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower...

Global Economy under Pressure Could Slow to 2.3%, Signals UN Trade and Development (UNCTAD)

GENEVA : The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts...

Cargo traffic on National Waterways hits record high of 145.5 million tonnes in FY 2024-25

NEW DELHI : The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo...

Gujarat emerges as second-highest textile exporter in India, over the last five years

AHMEDABAD : Gujarat is making a significant resurgence in India’s textile export market. The state has been the nation’s second-largest exporter of textiles in...

India hopeful of closing bilateral trade pact with the US at the earliest

NEW DELHI : India remains hopeful of closing negotiations of the proposed bilateral trade agreement with the US “as quickly as possible” and is...

India braces for higher freight costs and container shortages, with containers stuck in China

NEW DELHI : Freight costs have risen by double digits as exporters rush to lock down consignments amid uncertainties over reciprocal tariffs by the US. Shipping companies...
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