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Employment surging In India’s Capital-Intensive Industries: Goldman Sachs

03 Nov 2024

According to a recent report from Goldman Sachs, India has seen significant growth in employment and exports within capital-intensive industries over the past decade. Key sectors such as electronics, chemicals, and machinery are leading this trend, driven by government initiatives aimed at boosting production and assembly capabilities. The report highlights...

Iraq Cuts Oil Exports To 3.3 Million Barrels Per Day

02 Nov 2024

Iraq's Oil Ministry has announced a significant reduction in the country’s oil exports, now set at 3.3 million barrels per day. This move aligns with Iraq's commitments under the OPEC+ agreement aimed at managing global oil production levels. In a statement released on Friday, the ministry confirmed that the reduction...

JSW Steel Q2 Results: Net Profit Plummets Over 85% To ₹404 Crore

25 Oct 2024

JSW Steel reported a larger-than-anticipated decline in its second-quarter profit, with net earnings plunging over 85% to ₹404 crore ($52.23 million) for the quarter ending June 30. This sharp drop was primarily driven by a surge in imports of cheap finished steel, which pressured domestic prices to multi-year lows amid...

Centre Lifts Ban On Export Of Non-Basmati Rice

28 Sep 2024

The Indian government has lifted the export ban on non-basmati white rice, effective immediately, according to an official notification released on Friday. This ban was initially imposed in July 2023 to safeguard domestic rice supplies and stabilize prices in the local market. The decision to lift the ban has been...

Rising Freight Costs and Container Shortages Jeopardize Exports: GTRI

15 Sep 2024

Rising freight costs, container shortages, and heavy reliance on major shipping hubs and foreign carriers are posing serious challenges to India's export industry, according to the Global Trade Research Initiative (GTRI). The think tank highlighted the need for immediate steps to mitigate these risks, including boosting domestic container production, promoting...

China ‘Dissatisfied’ With Dutch Export Controls On ASML Chipmaking Tools

08 Sep 2024

China has expressed its dissatisfaction with the Dutch government's decision to extend export controls on ASML's chipmaking equipment. On Friday, the Netherlands announced it would expand licensing requirements for ASML's 1970i and 1980i DUV (Deep Ultraviolet) immersion lithography tools, aligning with similar U S. restrictions imposed last year. China’s...

Centre Permits Export of 75,000 Tn of Non-basmati Rice to UAE

26 Sep 2023

Centre has given the green light for the export of 75,000 tonnes of non-basmati white rice to the United Arab Emirates (UAE). It's worth noting that the export of non-basmati white rice had been prohibited since July 20, primarily to stabilize domestic prices and ensure food security within the country....

Rice export ban by India sees immidiate effect worldwide

22 Jul 2023

The non-basmati white rice was placed in the "prohibited" category by the Central Government on July 20 after amending the rice export regulations. Trade agreements to sell almost two million metric tonnes of the grain, worth $1 billion, would be cancelled as a result of India's decision to forbid the...

India’s export grew by 14.57 pc in Jan 2023: Commerce Ministry

15 Feb 2023

According to a report from the Union Commerce Ministry, India's overall exports increased 14.57 percent year on year in January 2023 to USD 65.15 billion, up from USD 56.86 billion in January 2022. Overall exports include both merchandise and services. Furthermore, according to a statement from the Ministry of Commerce...

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Employment surging In India’s Capital-Intensive Industries: Goldman Sachs

Iraq Cuts Oil Exports To 3.3 Million Barrels Per Day

JSW Steel Q2 Results: Net Profit Plummets Over 85% To ₹404 Crore

Centre Lifts Ban On Export Of Non-Basmati Rice

Rising Freight Costs and Container Shortages Jeopardize Exports: GTRI

China ‘Dissatisfied’ With Dutch Export Controls On ASML Chipmaking Tools

Centre Permits Export of 75,000 Tn of Non-basmati Rice to UAE

Rice export ban by India sees immidiate effect worldwide

India’s export grew by 14.57 pc in Jan 2023: Commerce Ministry

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