Washington, March 12 (IANS) The United States recorded a $2.8 billion goods trade deficit with India in January, even as the overall US trade gap narrowed sharply, driven by stronger exports and slightly lower imports, according to data released on Thursday by the US Census Bureau and the Bureau of Economic Analysis (BEA).The overall goods and services trade deficit fell to $54.5 billion in January, down from a revised $72.9 billion in December. The $18.4 billion decline marked a drop of about 2…
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Washington, March 12 (IANS) The United States has launched a trade investigation into structural excess manufacturing capacity across 16 economies. The list includes major exporters such as China and the European Union, as well as manufacturing hubs in Asia and emerging economies such as India, Bangladesh, and Cambodia.The USTR investigations will examine whether persistent trade surpluses and unused industrial capacity in these economies distort global markets and affect US manufacturing.The ec…
New Delhi, March 10 (IANS) US tech giant Apple has increased iPhone production in India by about 53 per cent in 2025, assembling around 55 million units compared with 36 million a year earlier, according to reports.A report from Bloomberg said the tech giant makes a quarter of its flagship products in India to avoid tariffs on China.Apple produces about 220–230 million iPhones annually worldwide, with India’s share rising rapidly, primarily due to government supported production‑linked inc…
Sydney, March 7 (IANS) Two-time champion Japan advanced to the knockout stage of the 2026 AFC Women’s Asian Cup after thrashing India 11-0 in their second group stage match on Saturday night.Riko Ueki and Hinata Miyazawa each scored hat-tricks, and Kiko Seike scored twice as Japan recorded the biggest win of the tournament so far at the Perth Rectangular Stadium in Western Australia to guarantee progression to the quarterfinals.Japan controlled the match from the start, scoring three times in th…
Perth, March 6 (IANS) The Indian senior women’s national team will face the mighty Japan in their second Group C match of the AFC Women’s Asian Cup Australia 2026 at the Perth Rectangular Stadium in Perth, Australia, on Saturday. India currently stand third in the group despite the 1-2 loss against Vietnam in their first match, after Japan defeated Chinese Taipei 2-0.Historically, Japan, eighth in the FIFA Women’s World Rankings, have had a clear advantage over the Blue Tigresses (ranked 6…
New Delhi, March 6 (IANS) When Sanfida Nongrum found the net in the 52nd minute after coming off the bench at half-time against Vietnam in India’s opening match, the AFC Women’s Asian Cup Australia 2026 at the Perth Rectangular Stadium, it marked the return of an Indian goal at the continental showpiece and announced the arrival of a new face on the international stage. But an injury-time goal condemned India to a 1-2 defeat against Vietnam in their first match in Group C of the AFC Women’…
New Delhi, March 6 (IANS) India is expected to contribute as much as 17 per cent to global real GDP growth in 2026 as it continues to be the world’s fastest-growing major economy, according to the latest data compiled by the IMF.Among the other countries in the IMF’s top 10 list, the USA is expected to contribute 9.9 per cent to the world’s real GDP growth, followed by Indonesia with 3.8 per cent, Turkiye 2.2 per cent, Saudi Arabia 1.7 per cent, Vietnam 1.6 per cent, while both Nigeria and B…
Washington, March 5 (IANS) US farm trade strategy increasingly centres on major markets such as India and China, the Agriculture Department’s top trade official told lawmakers, highlighting new export opportunities even as legislators clashed over tariffs, food aid policy, and the country’s widening agricultural trade deficit.Appearing before the House Appropriations subcommittee overseeing agriculture funding on Wednesday (local time), Undersecretary for Trade and Foreign Agricultural Affairs L…
Perth, March 4 (IANS) An injury-time goal condemned two-time runners-up India to a 1-2 defeat against Vietnam in their first match in Group C of the AFC Women’s Asian Cup Australia 2026 at the Perth Rectangular Stadium in Perth on Wednesday.Nguyen Thi Van Su (30’, 90+4’) scored in each half for Vietnam, while debutant Sanfida Nongrum (52’), who came off the bench in the second half, scored India’s lone goal as the Blue Tigresses made a disappointing start to their campaign.Vietnam contro…
New Delhi, March 4 (IANS) While the US and China are locked in an intense rivalry in the AI race to gain a dominant position in the world, countries such as India, Indonesia, and Vietnam are eyeing the frontier technology with the more modest objective of meeting their developmental goals and maintaining digital autonomy, according to an article.The United States leads frontier innovation, from large language models to artificial general intelligence (AGI), while China excels in embodied AI, ind…