New Delhi, May 16 (IANS) Pakistan’s latest GDP data points to a fragile and uneven recovery, with the economy growing 3.7 per cent in the current fiscal year, below the government’s 4 per cent target and marginally under the nation’s State Bank projection range, a report has said.The report published in Dawn highlighted that the growth underscores the country’s continued struggle to break out of a prolonged low-growth trap shaped by structural weaknesses, external financing pressures and r…
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New Delhi, May 15 (IANS) Bilateral trade between India and Africa reached $93.69 billion in 2025–26, registering a growth of 14.39 per cent over the previous year, according to the government.India’s exports to Africa stood at $45.42 billion, while imports reached $48.27 billion during the same period.According to Commerce Minister Piyush Goyal, India and Africa together can shape a more inclusive, resilient, and innovation-driven future for the Global South.Addressing a curtain-raiser event…
New Delhi, May 14 (IANS) The increase in wholesale inflation in April was largely driven by a sharp rise in energy and petroleum-related prices, which also contributed to higher input costs across several manufacturing segments, industry chambers said on Thursday.In contrast, food-related wholesale inflation remained relatively moderate compared with recent periods of raised volatility, said Rajeev Juneja, President, PHDCCI.India’s wholesale price inflation jumps to 8.3 per cent in April 2026 …
New Delhi, May 13 (IANS) Commerce and Industry Minister Piyush Goyal said on Wednesday that he interacted with over 1,000 representatives from industry associations and urged them to seize the unprecedented opportunities emerging through India’s expanding FTA network.In a post on X, the minister said he emphasised the need to prepare early, explore new markets, strengthen Brand India, improve quality and productivity and become more globally competitive.“Inspired by PM Narendra Modi’s vision…
New Delhi, May 13 (IANS) India recorded 220 deals worth $22.8 billion in April 2026 because of a substantial surge in outbound mergers and acquisitions (M&A) activity despite ongoing global macroeconomic and geopolitical uncertainties, a report showed on Wednesday.The report by Grant Thornton Bharat highlighted that five billion-dollar deals contributed $17.4 billion during the month, accounting for nearly 80 per cent of the total deal value.Moreover, M&A activity emerged as the key driv…
New Delhi, May 12 (IANS) Union Commerce and Industry Minister Piyush Goyal on Tuesday said India and Chile reviewed the progress of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) and discussed ways to further strengthen bilateral trade, investment and strategic cooperation between the two countries.In a post on social media platform X, Goyal said he held discussions over breakfast with Chile’s Foreign Minister Francisco Perez Mackenna and members of the Chile…
New Delhi, May 11 (IANS) India-Vietnam ties have been making steady progress beyond the headlines with the elevation of the Comprehensive Strategic Partnership. Not just defence, the two nations are interested in boosting trade and finance as was showcased during Vietnamese President To Lam’s recent State Visit to India in May, a report has stated. To Lam’s visit to New Delhi within the first month of being elected as Vietnam’s President demonstrates the strength of the partnership with India. T…
New Delhi, May 11 (IANS) Orchestration‑led business models hold relevance to $130–150 billion of the global specialty chemicals market and could expand to $200–250 billion by 2030 as formulations grow more complex and supply chains fragment, a report said on Monday. The report from consulting firm Redseer said India’s strength in process chemistry, formulation capabilities, and execution scale places it in a very strong position to participate in this shift.The global specialty chemicals…
New Delhi, May 11 (IANS) Portugal’s Secretary of State for Economy, Joao Rui Ferreira, said on Monday there is a huge opportunity for India and Portugal to strengthen economic relations that go beyond trade to creating complementarities across sectors such as manufacturing, renewable energy and startups.In an exclusive interaction with IANS, he said, “Over the last 10 years, we have made significant progress, with our trade relations growing considerably. However, if we look at the global fi…
Amaravati, May 7 (IANS) Andhra Pradesh Minister for Information Technology and Electronics, Nara Lokesh, said on Thursday that iconic motorcycle manufacturer Royal Enfield’s investment in a new manufacturing plant is a strong endorsement of the state’s speed of doing business. This investment is a strong endorsement of Andhra Pradesh’s speed of doing business, robust infrastructure ecosystem, and our commitment to becoming a leading manufacturing destination in India, he added.The bullet maker h…