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Smartphones, labour-intensive goods, and key industrial exports see massive contraction after US raises duties to 50%
Commerce

India’s exports to the US down 28.5 pc in the last...

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US tariffs hit Indian exports hard India's exports to its largest foreign market, the US, have suffered a sharp reversal due to aggressive tariff hikes,...
The think tank suggested increasing the GST exemption limit for a firm’s annual turnover from 40 lakh to 1.5 crore as this will be transformative for India’s MSME sector, promoting job creation and growth
Economy

Think tank GTRI urges reforms in customs duties, GST, commerce to...

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GTRI predicts economic growth surge from Customs, GST, and Commerce Reforms The economic think tank Global Trade Research Initiative (GTRI) in its report released on...
India clocked a trade deficit with nine out of its top 10 trading partners, official data revealed
Commerce

India in trade deficit with nine trading partners in 2023-24

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India logs trade deficit with 9 out of 10 trading partners; China tops at $83.2 bn India has recorded a trade deficit, the difference between...
The data showed that India's exports to China rose by 8.7 percent to $ 16.67 billion in the last fiscal
Commerce

China largest trading partner of India in FY24 with USD 118.4...

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China beats US to emerge as the largest trading partner of India in FY24 Though having military standoffs at borders for the past four years,...

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