New Delhi, April 2 The government has announced measures to help exporters mitigate the impact of the West Asia crisis, and more decisions are being considered, Commerce and Industry Minister Piyush Goyal said on Thursday.The US-Israel attack launched on Iran in February has disrupted shipping...
New Delhi, April 1 The production-linked incentive scheme to boost domestic mobile phone manufacturing received more than twice the target investment at ₹17,519 crore, and total production has exceeded the target by 36 per cent at ₹8.12 lakh crore, Parliament was informed on Wednesday.Data...
Mumbai, April 1 India's automotive metal forming market is expected to grow at a compound annual growth rate (CAGR) of 12 percent to reach USD 90-95 billion by FY30, driven by cost competitiveness, engineering talent, and a supplier ecosystem, a report said.The industry has crossed a critical...
New Delhi, March 24 The government is closely monitoring the situation in West Asia and the Gulf region, including its impact on India's external trade, shipping routes, and logistics chains, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce...
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The government stated today that the country's services exports continue to show strong growth, with exports reaching over $348 billion during the current financial year (FY), from April to January. Services exports accounted for 10% of the country's GDP in the first half of FY26, highlighting...
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New Delhi, March 13 India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first phase...
Patna, March 12 Bihar's Minister for Industries, Dilip Kumar Jaiswal, on Thursday emphasized the need for the state to develop a "progressive" export promotion policy.He was addressing an exporters' conclave here, which focused on Free Trade Agreements (FTAs) and the Export Promotion Mission...
Mumbai, March 11 The ongoing conflict in West Asia could pose a downside risk to India's economic outlook due to its impact on crude oil and commodity prices, according to a report by Crisil Intelligence.In its base case scenario, the report expects India's real GDP growth to moderate to 7.1...
New Delhi, February 24 The government clarified on Tuesday that the reduced rates and value caps under the export support scheme, RoDTEP, are not applicable to the export of agricultural and processed food products.This development is significant, as the government halved the duty benefit...
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Mumbai, February 23 – Shares of Sudarshan Pharma Industries fell by over 3 per cent on Monday after the Goods and Services Tax (GST) department initiated an inspection and search operation at the company's registered office.The stock fell by 3.06 per cent on the BSE, hitting an intra-day low...
New Delhi, February 21 The commerce ministry said on Saturday that the country's pharmaceutical exports grew by 9.4 per cent in 2024-25 to USD 30.47 billion, and the industry is aiming for double-digit expansion in 2026-27.Issues related to pharmaceutical exports were discussed between...
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New Delhi, February 19 India's exports of agricultural products and automobiles are making greater inroads into European markets, recording healthy growth during April-December 2025, according to data from the Ministry of Commerce.Of India's $19.3 billion in global automotive exports during...
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India's total exports, encompassing both merchandise and services, increased by 13.17 percent year-on-year to $80.45 billion in January this year, compared to $71.09 billion in January last year. According to data released by the Ministry of Commerce, overall imports during the month grew at a...
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India's total exports, including merchandise and services, increased by 13.17% year-over-year to $80.45 billion in January this year, compared to $71.09 billion in January last year.According to data released by the Ministry of Commerce today, overall imports during the month grew at a faster...
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