Indian Solar Exports Surge by 246% YoY in Q3 2023
NEW DELHI : Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5 billion) in Q3 2022, according to
Finance Ministry may assume nominal GDP growth at 11% for FY25
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher than the estimate for 2023-24, a
India ahead of rest of Asia : India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24
NEW DELHI : India’s Merchandise Exports were up 6.2 per cent YoY in October 2023 and 2.4 per cent on YoY basis in Aug-Oct’23 period, recovering slightly ahead of the rest of Asia’s exports,
India unlikely to meet FY24 Seafood export target of $9.25 billion
NEW DELHI : India is unlikely to meet its seafood export target worth $9.25 billion for FY24. Though there has been a slight improvement in exports in the last couple of months, the overall
BRICS : UAE to ditch US Dollar in new oil deals
ABU DHABI : The BRICS economic alliance has seemingly prioritized its de-dollarization efforts, leading the United Arab Emirates (UAE) to seemingly prioritize local currency over the US dollar in new oil deals. Indeed, the country is
‘China slows, India grows’: S&P pegs 7% GDP growth for India by 2026
NEW DELHI : India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled ‘China Slows,
July-September GDP growth seen at 6.8%, higher than RBI’s forecast
NEW DELHI : India’s GDP growth likely declined to 6.8 percent in July-September from 7.8 percent the previous quarter amid robust consumption and capital expenditure continuing to support economic activity, according to a survey
Commerce Ministry working to remove trade barriers, boost exports in sub-Saharan Africa & Gulf nations
NEW DELHI : The Commerce Ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India’s exports, an official said.