export growth

Mumbai, April 10 The conflict in West Asia may impact India's remittance flow, as one-third of the inflows from the diaspora come from Gulf Cooperation Council countries, according to Crisil Ratings on Friday.The current account deficit can be adversely affected due to a reduction in the...

Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...

New Delhi, April 9 The World Bank has marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent, and said that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, headwinds arising from the Middle East...

New Delhi, April 8 The World Bank on Wednesday slightly raised India's growth projections for the 2026-27 fiscal year to 6.6 per cent, stating that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, the Middle East crisis could...

Washington, April 8 – The United States has described its trade relationship with China as “stable,” while warning that the global trading system risks becoming “less relevant” if reforms are not undertaken, US Trade Representative Jamieson Greer said.Speaking at the Hudson Institute on...

The Production Linked Incentive Scheme for the Food Processing Industry (PLISFPI) has yielded positive results, with cumulative investment exceeding nine billion rupees against an initial commitment of around seven billion rupees. The Ministry of Food Processing Industries (MoFPI) stated that...

India's seafood exports have shown strong and consistent growth, expanding at an average annual rate of seven percent over the past eleven years. The Ministry of Fisheries, Animal Husbandry and Dairying stated that marine product exports have more than doubled during this period, increasing from...

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...

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...

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...

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...

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...

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...