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.
Get set for world’s largest textile event Bharat Tex 2024
NEW DELHI : India is set to host Bharat Tex 2024, the world’s largest textile exposition in New Delhi. The event aims to showcase India’s textile industry and its rich heritage, craftsmanship, and innovations.
India developing sea protocols for fresh produce to boost ocean exports
NEW DELHI : The majority of the agri exports in India use air cargo and due to high freights, it lowers the competitiveness of these products and this is the major challenge these exports