Despite the dip, the index remains 6% higher on a year-on-year basis and well above its long-term average, reflecting a phase of cautious optimism among India’s small and medium enterprises (SMEs).
In the on-going saga of global trade tensions, the persistent standoff between China and the United States has become a defining chapter.
India stands at a crossroads in its global trade ambitions. As pressure mounts from the United States and the European Union to slash tariffs on imported automobiles, the nation must walk a tight-rope between liberalisation and safeguarding its domestic industry.
India's competitive position in select product segments may help cushion some of the losses, it mentioned.
Notably as of 2023, India is the 6th largest exporter of Textiles & Apparel in the world. The overall export of Textiles & Apparel including handicrafts marked a growth of 7 per cent during April-October period of FY 2024-25 ($ 21,358 Mn) compared to same period of FY 2023-24 ($ 20,007 Mn).
The post-Diwali pollution in Indian skies is just one of the many reminders of our civic indifference to pressing longterm…
Fears that an escalation of trade frictions between Washington and its key trading partners may have negative impact on the global economy continued to rattle investors, analysts noted
Investors were cautious after US President Donald Trump Monday announced imposition of new tariffs on an additional USD 200 billion worth of imports from China, escalating the trade war with the Asian giant.
Italian Prime Minister Paolo Gentiloni on Monday said his country and India are together in opposing increasing protectionism as it…
By all accounts, Asia’s stock of economic power has been expanding in the last two decades. This has occurred on…
