Indian oil refiners are restructuring supply chains, creating new entities, and exploring alternative payment methods to maintain Russian crude imports amid tightening international sanctions.
India's significant solar module exports to the U.S. in 2024 face potential challenges due to recent U.S. policy changes under President Trump's administration, prompting Indian manufacturers to explore alternative markets.
India has defied global economic challenges to achieve a record high in exports, showcasing its resilience and adaptability in an environment marked by slowing global trade. The remarkable performance highlights the country’s ability to navigate economic headwinds while capitalizing on emerging opportunities in international markets. “India’s Export Performance Amid
To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.
Foreign portfolio investors (FPIs) have sold approximately $5 billion worth of Indian equities in recent weeks, reflecting cautious sentiment over diminishing profit expectations in India’s stock market. This significant outflow signals a shift in investor appetite as global and domestic factors weigh on market dynamics. “Profitability Concerns Drive Sell-Off”
In December 2024, India’s merchandise trade deficit decreased to $21.94 billion, a significant reduction from the record $31.86 billion observed in November. This improvement is largely attributed to a substantial decline in gold imports, which halved to $4.7 billion during the month. Export Performance Merchandise exports experienced a slight contraction of 1%
India is preparing to strengthen its textile sector to seize a larger share of the global market as Bangladesh, one of the world’s largest garment exporters, faces disruptions due to its ongoing political crisis. The instability in Bangladesh has impacted global supply chains, prompting international retailers to explore alternative sourcing options. The Indian
Despite new US sanctions on Russian energy, the EU's imports of Russian LNG have reached record levels, while India's oil and gas imports face potential disruptions.
Malaysia enforces provisional anti-dumping duties ranging from 2.52% to 36.80% on flat-rolled iron and steel products from China, India, Japan, and South Korea to protect its domestic industry.
Following its initial export to Armenia, India's Akash-1S air defence system is set to secure a second international buyer in 2025.
