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2 mins read

Indian toy industry witnesses 239% increase in exports: IIM Lucknow report

The study indicates a notable decline of 52 per cent in toy imports and an impressive surge of 239 …

ANI   


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Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman acknowledged uncertainties in India's garment sector prompted b…

PTI   


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3 mins read

N Chandrasekaran hopes for export duty rollback but prepares Tata Steel for the worst

Tata Steel is back in favour with ratings agencies and analysts, who are bullish on the steel secto…

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2 mins read

Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports

The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…

PTI   


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Electronics export from India to cross ₹1.28 lakh crore next fiscal: MoS IT

Electronics export from India is expected to cross Rs 1.28 lakh crore in the next financial year, M…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Govt announces hike in basic customs duty on silver to 10% to check imports

The government on Wednesday announced increasing the basic customs duty on silver, both in dore and…

PTI   


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4 mins read

US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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3 mins read

India's services exports to cross $300 billion target in FY23: Piyush Goyal

"On services though, we have done extremely well. On services we are probably going to do at …

PTI   


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1 min read

Government lifts ban on organic non-basmati rice exports

The government on Tuesday lifted the ban on export of organic non-basmati rice, including broken ri…

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4 mins read

SIMPLY PUT: A weak rupee will be a bonanza for India’s exporters

Apart from textile, engineering goods, petroleum products, gems and jewellery, chemicals were …

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2 mins read

Russia's seaborne crude exports surge to an 8-month high, thanks to shipments to China and India

Russia's crude oil exports rose 30% to 3.8 million barrels a day in the week ending January 13, mar…

Huileng Tan   


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4 mins read

SIMPLY PUT: A weak rupee will be a bonanza for India’s exporters

Overall, Indian merchants will earn more for the same orders as the rupee falls because they g…

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1 min read

India, the world's top rice exporter, just slapped a 20% tax on some rice exports. It could further fuel food inflation.

India also banned the exports of 100% broken rice, which is mostly used for animal feed. This comes…

Huileng Tan   


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4 mins read

Slow sowing, wary global buyers can take rice prices on the same path as wheat

After wheat prices mixed up the thalinomics of Indians due the heatwave, we might be looking at ano…

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2 mins read

Windfall tax on diesel export hiked to ₹1 per litre

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…

PTI   


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1 min read

Russian oil exports have fallen for 5 straight weeks and are down 13% since mid-June, as Asian customers trim purchases

A rolling four-week average shows that shipments are now down by 480,000 barrels a day since mid-Ju…

Jennifer Sor   


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3 mins read

Cooking oils are getting cheaper but healthier options are as pricier as they were

Indian consumers are switching to unhealthy oils as healthier options keep getting costlier due to …

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4 mins read

Gone with the windfall tax: ONGC loses a fifth of its market value

State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…

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5 mins read

Metal stocks have a mixed day after export duty withdrawal – Jindal Stainless, Apollo Tubes, SAIL stocks rise; Tata Steel, JSW Steel drag

Shares of Jindal Stainless, Apollo Tubes and SAIL witnessed a rise on Monday reacting to the withdr…