Trade
India’s April-August merchandise trade deficit estimated at $98.88 billion
15 Sep 2023
India’s merchandise trade deficit in August 2023 stood at $24.16 billion, which took overall merchandise trade deficit in April-August 2023 to an estimated $98.88 billion
India-Middle East-Europe Economic Corridor will be a beacon of shared progress: PM Modi
09 Sep 2023
The proposed India-Middle East-Europe Economic Corridor will be a beacon of cooperation, innovation, and shared progress that would help chart a journey of shared progress
US commerce secretary affirms a strong desire to maintain economic ties with China
29 Aug 2023
Senior officials from the United States and China held a series of economic policy meetings in Beijing on Tuesday, 29 August 2023, underscoring efforts to halt the decline in their bilateral relationship and to reestablish channels of communication.
India makes rupee payments for gold and crude imports from the UAE
16 Aug 2023
India and the United Arab Emirates have initiated bilateral trade using their respective local currencies. The first of such transactions was the sale of 25 kg gold by a UAE bullion exporter to an Indian buyer. The deal was worth about Rs.128.4 million ($1.54 million).
India allows export of drones for civilian use
01 Jul 2023
New foreign trade policy aims at $2 trillion exports by 2030: Piyush Goyal
04 Apr 2023
FTP 2023 is a dynamic and open ended policy that accommodates emerging needs, facilitates ease of doing exports through process re-engineering and e-commerce, in collaboration with states and districts, while also allowing exporters to close old pending authorisations through a one-time amnesty scheme and start afresh
US using Indian refiners for record purchase of gasoline and diesel of Russian origin: report
06 Feb 2023
MFL signs 3-year pact with Dubai’s Agrifields to procure 30,000 tonnes phosphoric acid annually
06 Oct 2022
Indo-Pacific Economic Forum to secure region for business
13 Sep 2022
India will not be part of the ‘trade pillar’ of the 14-member economic forum while remaining an active participant in the other three IPEF initiatives
India’s merchandise trade deficit hits $70.25 billion in Q1
06 Jul 2022
The country imported goods valued at $63.58 billion in June alone against exports valued at $37.94 billion during the month
India’s exports hit a record $37.3 bn in May
06 Jun 2022
However, merchandise trade deficit of the country zoomed to $23.32 billion for May 2022 and to $43.81 billion for the first two months of the fiscal (April-May 2022-23)
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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