global trade

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    Report: India Can Create 5.4 Million Jobs in Sports Equipment Sector

    New Delhi, March 19 India has the potential to significantly increase its exports of sports equipment to USD 8.1 billion and generate around 5.4 million additional jobs by 2036, according to a report released by Niti Aayog on Thursday.The report focuses on increasing India's share in global...
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    Iran's Military Capabilities Weakened, US Seeks Strait of Hormuz Support

    Washington, March 16 – US President Donald Trump said on Monday that American forces had dealt a devastating blow to Iran’s military capabilities and called on major global economies to help safeguard the Strait of Hormuz, a vital energy route through which much of the world’s oil flows...
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    Apparel Exports: India Maintains Stability Despite Market Uncertainty

    New Delhi, March 16: India's ready-made garment export sector has shown resilience, recording positive growth during the first 11 months of the current financial year despite uncertainties in the global market.Reacting to the garment export data released on Monday, Apparel Exports Promotion...
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    Hormuz Strait Security: Trump Calls for International Cooperation

    Washington, March 14 Amid rising tensions with Iran and concerns over the safety of maritime traffic, US President Donald Trump said on Saturday that multiple countries could join the United States in deploying warships to the Strait of Hormuz, a vital global shipping route.In a statement...
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    Government Highlights Growth in India's Services Exports

    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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    Manufacturing Capacity & Trade Imbalances: USTR Investigates 16 Nations

    Washington, March 12 – The United States has launched a trade investigation into excess manufacturing capacity across 16 economies. The list includes major exporters such as China and the European Union, as well as manufacturing hubs in Asia and emerging economies such as India, Bangladesh, and...
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    Shipping Through Strait of Hormuz Drops Dramatically

    United Nations, March 11 The United Nations has warned of significant risks to global trade and development, including higher food prices and the cost of living, if the Strait of Hormuz is closed amid the West Asia conflict.The UN Conference on Trade and Development (UNCTAD) said in a report...
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    Warehouse Investment Boosts Supply Chain Efficiency for Caterpillar

    Chennai, March 10 TVS Supply Chain Solutions Ltd has set up a warehousing facility near here to assist Caterpillar India Pvt Ltd in procuring parts from multiple countries and supporting its manufacturing operations, a top official said on Tuesday.The facility, spread across 40,000 sq ft, is...
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    Energy Secretary: US Sought to Stabilize Oil Markets by Redirecting Shipments

    Washington, March 8 – US Energy Secretary Chris Wright said on Sunday that the US had asked India to purchase Russian oil cargoes that were waiting to be unloaded at Chinese refineries as a way to stabilize global energy markets during the ongoing conflict with Iran.In an interview with CNN...
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    Jaipur Meeting Focuses on India's Response to US Tariffs and Global Instability

    New Delhi, March 6 The Swadeshi Jagran Manch will deliberate on a range of issues, including the "policy choices" available to the country amid the prevailing global scenarios, at its two-day national council meeting starting in Jaipur on March 7.At the meeting, the Rashtriya Swayamsevak Sangh...
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    Expert Predicts 1.5 Million BPD Increase in Indian Oil Demand from Russia

    Moscow, March 4 The ongoing war in West Asia may increase India's demand for Russian crude oil, potentially reaching levels of 1.5 million barrels per day, peaking in 2024-2025, according to a leading expert on global oil trade.On Tuesday, Deputy Prime Minister Alexander Novak told state TV...
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    Industrial Units in Chhatrapati Sambhajinagar Face Export Challenges

    Chhatrapati Sambhajinagar, March 4 The US-Israeli war on Iran has begun, and its negative impact is being felt in Maharashtra's industrial units due to disruptions in the global supply chain. An industry organization here stated that containers intended to transport automobile components to...
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    Geopolitical Tensions Impact Marine and Aviation Insurance

    New Delhi, March 3 Freight carriers will have to pay an additional premium to restore war cover for shipments passing through high-risk areas amid the escalating crisis in West Asia, experts said.Vessels of the Shipping Corporation of India (SCI) are also involved in the movement of crude oil...
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    Shipping Disruptions: How the Middle East Conflict Affects Indian Trade

    With a joint attack by the US and Israel on Iran triggering a major military confrontation in the Middle East, Indian exporters on Saturday said that this is expected to increase transportation and insurance costs, potentially disrupting shipments to the US and Europe.They stated that any...
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    Jaishankar: India's Pragmatic Policies Navigate Turbulent Decade

    Pune, February 26 The current decade has been turbulent, but India has successfully navigated its challenges through pragmatic and practical policies at home, External Affairs Minister S Jaishankar said on Thursday.In a recorded message at the ninth edition of the Asia Economic Dialogue...
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    Europe Warns Trade Deals at Risk Amid Trump Tariff

    Europe has warned that trade agreements struck with the U.S. could now be in jeopardy following President Donald Trump's announcement of a new global 15 percent tariff on all imports over the weekend. Trump's move came after the U.S. Supreme Court invalidated his global tariffs policy, which had...
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    India's Stock Market Declines Amid Global Economic Uncertainty

    Mumbai, February 24 The benchmark indices Sensex and Nifty fell by nearly 1% in early trading on Tuesday, driven by a sharp sell-off in IT stocks amid rising fears of disruption caused by AI.In addition, rising crude oil prices and renewed concerns about global trade following US President...
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    Trade Uncertainty Drives Increase in Gold and Silver Prices

    New Delhi, February 23 Precious metal prices rose by 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong demand for safe-haven assets amid growing global trade uncertainties following the US...
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    Sitharaman: Commerce Ministry Reviews US Tariff Changes

    New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that it is too early to comment on the tariff changes announced by the United States, and the commerce ministry is reviewing the situation.On Friday, the US Supreme Court ruled against the sweeping import tariffs imposed...
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    Asian Market Rally Fuels Early Gains in Indian Stock Indices

    Mumbai, February 23 The benchmark indices Sensex and Nifty opened on a positive note on Monday, driven by strong buying in banking and service stocks, mirroring a rally in Asian markets.Analysts said the global sentiment was shaped by the US Supreme Court's ruling that invalidated the Trump...
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