New Delhi, July 8 (IANS) Bilateral trade between India and ASEAN reached $128 billion during 2025–26, reflecting the strong economic partnership between the two sides and providing further opportunities to expand trade and investment cooperation, an official statement said on Wednesday.ASEAN remains one of India’s key trading partners, accounting for around 11 per cent of India’s global trade, according to a statement by Ministry of Commerce and Industry.To further strengthen the relationship,…
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Washington, July 8 (IANS) The United States recorded a $4.1 billion goods trade deficit with India in May, according to official data released on Tuesday, as America’s overall trade deficit widened sharply amid falling exports and rising imports.The figures also highlighted India’s place in the broader Asian supply chain, with the US trade gap with India remaining significantly smaller than those with several other major manufacturing hubs in the region.The latest data from the US Census Bureau …
New Delhi, July 5 (IANS) A total of 15 India-bound ships carrying fertilisers and fertiliser raw materials have safely crossed the Strait of Hormuz, which will lead to a significant increase in the country’s fertiliser stocks, according to an official statement issued on Sunday.Among the 15 vessels, eight vessels are carrying 3.32 lakh metric tonnes (LMT) of urea, four are carrying 2.57 LMT of DAP, and three are carrying 1.11 LMT of sulphur.In addition, five more vessels are scheduled for India….
Ahmedabad, July 5 (IANS) The start of commercial semiconductor chip production at CG Semi’s Outsourced Semiconductor Assembly and Test (OSAT) facility in Gujarat’s Sanand has brought into focus the role of young women from tribal regions of Jharkhand and Madhya Pradesh, with Prime Minister Narendra Modi citing their contribution as an example of India’s emerging skilled manufacturing workforce. The Prime Minister inaugurated the commercial production of chips at the facility on Saturday and note…
New Delhi, July 5 (IANS) Five semiconductor plants are expected to be operational across the country by the end of 2026, according to Union Minister Ashwini Vaishnaw.Of the 12 semiconductor projects approved by the central government, three are now in commercial production, with two more set to be inaugurated in the coming months, he said.Prime Minister Narendra Modi had earlier launched the country’s first and second semiconductor plants on February 28 and March 31, 2026, respectively.With the …
Sanand (Gujarat), July 4 (IANS) In a powerful symbol of India’s rising technological prowess, Prime Minister Narendra Modi on Saturday inaugurated the CG Semi OSAT facility, declaring that Gujarat’s Sanand is fast emerging as India’s answer to Silicon Valley.Just two years after the foundation stone was laid in 2024, the plant has moved with remarkable speed, commencing chip testing by August 2025 and now beginning full commercial production.“This is what happens when India resolves to do …
Seoul, July 4 (IANS) Two suspects accused of running large-scale illegal online gambling networks have been extradited from the United Arab Emirates (UAE) to South Korea in a joint international operation, authorities said on Saturday. One suspect allegedly ran an overseas gambling site worth 4.8 trillion won (US$3.14 billion) based in Southeast Asia and laundered criminal proceeds while evading arrest for 12 years across multiple countries, including the Philippines, Malaysia and Cambodia, acco…
New Delhi, July 3 (IANS) The 12th Meeting of the India–Malaysia Joint Sub-Committee on Defence Science, Technology and Industry Cooperation was held on Friday in New Delhi, where both countries reaffirmed their commitment to long-term cooperation and strengthening defence industrial ties.”The 12th Meeting of the India–Malaysia Joint Sub-Committee on Defence Science, Technology and Industry Cooperation was held on 3 July 2026 in New Delhi. The meeting was co-chaired by Dr. Vijay Namdeorao Zad…
New Delhi, July 3 (IANS) Emphasising that development cooperation with Bangladesh is guided by a mutually agreed framework, India on Friday said its position on the Teesta River project has already been communicated to Dhaka and that it will take all related developments into account in its approach to the issue. Addressing the weekly media briefing in New Delhi, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal made the remarks in response to a question on the Teesta River project…
Washington, July 3 (IANS) The Office of the United States Trade Representative (USTR) has scheduled three days of public hearings next week on proposed action against 60 economies, including India, under Section 301 investigations into what it says is their failure to prohibit and effectively enforce bans on imports of goods produced with forced labour.India’s government and industry representatives are among those due to testify on July 8.The hearings will be held from July 7 to July 9 will exa…