MERCHANDISE EXPORTS

The Reserve Bank of India (RBI) purchased a significant $9.6 billion in September to curb the rupee's appreciation amid strong foreign investment inflows. This intervention, aimed at managing volatility, has led to the rupee being overvalued compare...

India's services exports are on track to surpass merchandise exports by 2030, reaching USD 618 billion. Driven by software, IT, and Other Business Services (OBS), this shift highlights India's emergence as a global services powerhouse. However, dive...

India's services exports are predicted to surpass merchandise exports, reaching $618.21 billion by FY30, according to a report by GTRI. This growth will be driven by IT and other business services (OBS). However, the report emphasizes the need for d...

India's exports faced challenges, but a late surge brought hope. October saw significant growth, driven by sectors like engineering and gems. However, competition from China and a widening trade deficit raised concerns. Despite this, India's strong ...

The Indian rupee saw a slight recovery against the US dollar, appreciating to 84.38 despite a strong dollar and foreign fund outflow. Lower crude oil prices aided the rupee's rise, while rising inflation and a surge in US Treasury yields posed chall...

India's merchandise exports experienced significant growth in October. Exports reached $39.2 billion, marking a 17.3% increase. This surge was driven by strong demand from developed markets and increased shipments of various goods. Imports also rose...

India's trade relationship with the US is expected to remain strong despite the recent change in US leadership. Bilateral trade between the two nations has shown significant growth, with India's exports to the US increasing substantially. While expe...

India's trade deficit narrowed to $27.14 billion in October, down from $33.43 billion in the same month last year, government data revealed Thursday.

The growth in exports is attributed to factors like India’s continued strong economic activity due to sustained momentum in the manufacturing and services sectors.

India's merchandise exports will grow to $107.5 billion in the third quarter of FY25. Non-oil exports will see a significant rise. The growth is driven by strong economic activity and improving demand from trading partners. Exim Bank predicts this g...

This initiative was introduced in response to the various challenges faced by Indian MSMEs, including intense competition from other Asian nations.

India's merchandise and service exports are predicted to exceed USD 800 billion this fiscal year, driven by government support and competitive products. Government initiatives like new industrial cities and the production-linked incentive scheme are...

India and China are reshaping the global economy, shifting focus from G7 nations to the BRICS alliance. The BRICS+ group's share in global exports has more than doubled since 2000, challenging G7 dominance. High-tech exports from BRICS+ nations are ...

BRICS+ group, which includes countries like Brazil, Russia, India, China, South Africa and newly joined members, is rapidly increasing its share in global merchandise exports and imports. EY India predicts that BRICS+ is expected to overshadow the G...

India's merchandise exports grew marginally in September after two months of decline, driven by engineering, chemical, and electronic goods. Despite global uncertainties, exports increased, with a slight rise in goods imports and a marginally widene...

The WTO slightly increased its 2024 global trade growth forecast to 2.7%. India's exports are growing, showing its emerging role as a key economy. The WTO also warns about the impact of geopolitical tensions, notably in West Asia, on energy prices a...

Indian exporters are alarmed by the US East Coast and Gulf Coast dockworkers' strike. Delays and higher costs are anticipated as shipments may need rerouting to less congested ports. This disruption comes amid a global economic slowdown, heightening...

The United States emerged as India's leading trading partner in early 2024, although the country experienced a record trade deficit of $41.6 billion with China. India's merchandise exports increased by 5.41%, led by sectors such as iron ore and phar...

India's export growth for July fell to an eight-month low due to decreased global demand and declining prices of crude, commodities, and metals. Goods exports contracted by 1.47% to $33.98 billion, mainly due to lower petroleum product exports. Impo...