OPEC+ boosts oil production again for June
OPEC+ has agreed to boost oil production by 411,000 barrels per day in June, marking the second month in a row of increased output. This decision comes despite falling oil…
India’s total exports rise 6 per cent to all-time high of $824.9 billion: RBI
India’s total exports have touched an all-time high of 824.9 billion dollars in the financial year 2024-25, as per the latest data released by the Reserve Bank of India, which…
Bangladesh reduces its outstanding dues to Adani Power
Zakir Hossain / Dhaka Bangladesh has substantially reduced its outstanding dues to India’s Adani Power related to a power-supply deal, and the company is confident of recovering the roughly $900…
iPhone Exports to US Surge, But India’s Gains Limited by Low Local Value Addition
R. Suryamurthy While Apple’s reported strategic shift to source 100% of its US-bound iPhones from India by 2026 signals a potential surge in Indian exports, a deeper analytical perspective, informed…
Govt Imposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
AMN The Centre has imposed a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products with a view to shielding the Indian steel…
India’s pharmaceutical exports surge over 9 percent to reach $30 bn in last financial year
India’s pharmaceutical exports surpassed 30 billion dollar in the last financial year, with the United States remaining a key market, accounting for more than one-third of the country’s total pharma…
India’s smart phone exports touched record two lakh crore rupees in last fiscal
India’s smartphone exports have reached a record level of two lakh crore rupees in the last fiscal. Smartphones have emerged as India’s largest export in the first ten months of…
India’s exports register growth of 5.5% to hit record 820.93 billion dollars in FY 2024-25
India’s total exports of goods and services registered a growth of 5.5 per cent, reaching a record 820.93 billion dollars during April- March 2024-25, compared to 778.13 billion dollars in…
Widening China Trade Deficit put India’s Economic Policymakers in Strategic Dilemma
By R. Suryamurthy India’s trade deficit with China surged to an unprecedented $99.2 billion in FY2024–25, underscoring a structural economic dependency that continues to widen despite diversification and domestic manufacturing…
Cargo traffic on India’s inland waterways surges to all-time high of 145.5 million tonnes in 2024-25
Country’s National Waterways reached a record high of 145.5 million tonnes during the Financial Year 2024-25. The Ministry of Ports, Shipping and Waterways said this in a statement yesterday. It…