New Delhi, Feb 4 (IANS) Billionaire investor Mark Mobius said on Wednesday that India’s recent trade engagement with the European Union played a key role in pushing the United States to speed up its own deal with India. While he believes friendly ties between Prime Minister Narendra Modi and US President Donald Trump helped, Mobius made it clear that the agreement was mainly shaped by negotiators from both sides.In an interaction with IANS, Mobius said the India-US trade deal should not be des…
Latest Exports News & Updates
New Delhi, Feb 3 (IANS) India’s trade deal with the United States will not compromise the country’s agriculture and dairy sectors, Commerce and Industry Minister Piyush Goyal asserted on Tuesday following widespread criticism by the opposition. Implying that opposition parties have found the taste bitter even before the pudding has been brought out, the minister also pointed out that though formalities have been completed, the trade deal has not yet been inked.Washington does gain market acc…
Mumbai, Feb 1 (IANS) Indian automobile manufacturer Mahindra & Mahindra Ltd. on Sunday said the company’s overall auto sales, including exports, stood at 1,04,309 vehicles in January 2026, surging 24 per cent year‑on‑year.Sports utility vehicle (SUV) domestic sales touched 63,510 units in January, up 25 per cent, while commercial vehicle domestic sales were 27,656 units, up 22 per cent, a company release said.The total exports for January were 3,577 vehicles, up 5 per cent YoY, and whi…
New Delhi, Jan 29 (IANS) A strong manufacturing sector can push India’s medium-term economic growth to 7.5 or 8 per cent, higher than the 7 per cent projected in the Economic Survey, Chief Economic Adviser V. Anantha Nageswaran said on Thursday.Addressing the media after the tabling of the Economic Survey in the Parliament, the CEA said that a strong manufacturing sector, which pushes up exports, would also reduce the current account deficit and bolster the rupee.He also said that the sector i…
New Delhi, Jan 29 (IANS) Micro, Small and Medium Enterprises form the backbone of India’s industrial economy, accounting for approximately 35.4 per cent of manufacturing, around 48.58 per cent of exports and 31.1 per cent of GDP, the government said on Thursday in Economic Survey 2025-26.Self‑Reliant India (SRI) Fund, launched to infuse Rs 50,000 crore as equity funding for MSMEs, has assisted 682 MSMEs with investments totalling Rs 15,442 crore as of November 30, 2025, according to the offi…
New Delhi, Jan 29 (IANS) India’s steady rise as a key player in global trade is evident in its increasing share of both global merchandise exports and commercial services exports, said the Economic Survey 2025-26 released on Thursday.According to the WTO’s World Trade Statistics, between 2005 and 2024, India’s share of global merchandise exports has nearly doubled, rising from 1 per cent to 1.8 per cent.Similarly, its share in global commercial services exports has more than doubled, risin…
Ahmedabad, Jan 27 (IANS) The signing of the Free Trade Agreement (FTA) between India and the European Union has triggered a wave of optimism among textile traders in Surat, one of India’s largest textile hubs. The agreement, finalised on Tuesday, is expected to significantly boost exports by providing Indian textile products with improved access to markets across 27 European countries. Industry representatives said the FTA would allow Surat-based traders to sell their products in Europe at mor…
Mumbai, Jan 27 (IANS) Chief Minister Devendra Fadnavis on Tuesday said that Maharashtra stands to benefit significantly from the historic India-EU Free Trade Agreement.Key sectors such as textiles and apparel, engineering goods, pharmaceuticals, chemicals, medical devices, automobiles and auto components, base metals, electronics, gems and jewellery are expected to witness accelerated growth, enhanced competitiveness, and expanded access to global markets. Moreover, farmers will also benefit lar…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi on Tuesday announced the signing of a free trade agreement (FTA) between India and the European Union, stressing that the landmark partnership between two major economies will create new opportunities for businesses, consumers, and the skilled workforce.Addressing a joint press conference at Hyderabad House here with European Commission President Ursula von der Leyen, PM Modi underlined that the agreement – biggest in India’s history — r…
Seoul, Jan 27 (IANS) Business sentiment in South Korea fell slightly in January, despite strong exports, due mainly to worsening sentiment in the non-manufacturing sector following the dissipation of year-end base effects, a central bank survey showed on Tuesday.The Composite Business Sentiment Index (CBSI) for all industries stood at 94 this month, down 0.2 point from December, according to the survey conducted by the Bank of Korea (BOK), reports Yonhap news agency.The index had risen for two c…