India is looking to expand its pharmaceutical exports to Russia, Brazil, and the Netherlands as a safeguard against possible U.S. tariff measures. The U.S. remains India’s largest market, accounting for nearly US$10.5 billion in exports in fiscal 2025, but growing trade tensions have pushed New

India is stepping up efforts to expand rice exports to the Philippines, the world’s largest rice importer. In 2024, the Philippines imported rice worth about USD 2.52 billion, while India’s share stood at just USD 48.91 million, reflecting a vast untapped potential for Indian exporters. Export Promotion Mission A delegation of Indian rice exporters will […]

The Reserve Bank of India (RBI) has started consultations with exporters to understand what support they may need as the US prepares to impose steep tariffs on Indian goods. These discussions are expected to continue through the week, with small and medium-sized enterprises flagged as the most at risk. Tariff Impact on Exports The US […]

Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26. Growth in Auto Exports Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, […]

Russia’s five percent oil discount looks tempting on paper, but the numbers show why it cannot outweigh Donald Trump’s tariff barrage. Russia supplies about 1.5 million barrels per day to India — roughly 35 percent of our crude basket. At Brent levels of 66–70 dollars, the discount works out to 2.7–3.3 dollars per barrel. Multiply […]

Russia has assured India that it will help absorb Indian exports struggling to enter the United States after Washington imposed steep tariffs on a wide range of goods. The move comes at a time when New Delhi faces pressure due to its continued imports of Russian oil, which has triggered trade tensions with Washington. Alternative […]

Faced with European Union sanctions, Nayara Energy has turned to offshore fuel transfers—shifting shipments mid-sea between tankers—to keep exports moving despite restrictions on shipping services. Sanctions Disrupt Supply Chains EU sanctions introduced in July targeted Nayara’s Vadinar refinery, curbing its ability to export refined products due to reduced access to

The government has rolled out a four-pillar export strategy to counter the impact of steep US tariffs on Indian goods and strengthen the country’s trade position globally. Strategy Framework The plan focuses on four core areas: Enhancing export competitiveness by improving production efficiency and reducing costs. Promoting exports through greater visibility in global

India’s defence production reached a record ₹1,50,590 crore in the financial year 2024–25, marking an 18% increase from the previous year’s ₹1.27 lakh crore. Compared to 2019–20, production has nearly doubled, showing a 90% growth that highlights rapid expansion in domestic manufacturing. Why It Matters This milestone reflects India’s growing self-reliance in defence,

Prime Minister Narendra Modi has assured that India is ready to safeguard the interests of its farmers and economy following U.S. President Donald Trump’s announcement of an additional 25% tariff on Indian agricultural exports. The Prime Minister made the statement while addressing a public rally in Uttar Pradesh, emphasizing that India is prepared to handle […]