New Delhi, May 12 (IANS) The global fuel price shock has shattered Pakistan because of the country’s heavy reliance on imported energy and its weak balance-of-payments position, taking its monthly trade deficit ballooned to $4.07 billion in April, according to a new report.The April figures are Pakistan’s highest level since June 2022, further straining the fragile economy, reports Dawn.The massive 43.5 per cent month-on-month jump in the trade gap “was anticipated due to energy supply dis…
Latest Export Sector News & Updates
New Delhi, Jan 28 (IANS) The India–European Union Free Trade Agreement signed under the leadership of Prime Minister Narendra Modi marks a major milestone for India’s gems and jewellery export sector and is expected to significantly strengthen the industry’s presence in European markets, an industry leader said on Wednesday.Speaking to IANS, ACPL Exports SEZ Director Rohit Gupta said the agreement will give Indian gems and jewellery exporters greater confidence and competitiveness in Europ…