India Exports

India has an opportunity to export more goods to the US, including agro and pharmaceutical goods, said Indian Economist Suriya Narayan.

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.

Amidst the festive season rush, Hyundai India recorded a wholesale of 70,078 units, which makes for a YoY hike of 2 per cent only.

Defence Minister Rajnath Singh on Saturday said that India's Aatmanirbhar drive was "yielding the desired results" and the country was poised to reach Rs 50,000 crore in defence exports by 2029-30.

The US company exported nearly $6 billion of India-made iPhones, an increase of a third in value terms from a year earlier, people familiar with the matter said, asking not to be named as the information is private. That puts annual exports on track to surpass the about $10 billion of fiscal 2024.

Apple Inc.'s iPhone exports from India jumped by a third in the six months through September, underscoring its push to expand manufacturing in the country and reduce dependence on China.

A special court here has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.

India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.

India on Tuesday scrapped the export tax on parboiled rice, the government said in an official order, as inventories in the world's biggest exporter of the grain surged and the country is set to produce a bumper crop after copious monsoon rains.

In a grain market of Uttar Pradesh's Ghaziabad, the price of the Basmati 1509 rice variety has decreased by Rs 200 to Rs 300 per quintal in the last two days because the exporters are no longer coming in with big orders.

India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state granaries.

The Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect, according to a notification.

The interim government of Bangladesh has reversed the export ban on the much popular and prized Hilsa fish to India ahead of Durga Puja.

Apple has seen a surge in pre-orders for its Make in India' iPhone 16 in the country, as the company gears up to make its latest iPhone line-up available on September 20, trade analysts said.

China's Lenovo Group will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI servers-focussed R&D lab in the tech hub of Bengaluru, the electronics hardware maker said on Tuesday.

India has an opportunity to export more goods to the US, including agro and pharmaceutical goods, said Indian Economist Suriya Narayan.

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts.

Amidst the festive season rush, Hyundai India recorded a wholesale of 70,078 units, which makes for a YoY hike of 2 per cent only.

Defence Minister Rajnath Singh on Saturday said that India's Aatmanirbhar drive was "yielding the desired results" and the country was poised to reach Rs 50,000 crore in defence exports by 2029-30.

The US company exported nearly $6 billion of India-made iPhones, an increase of a third in value terms from a year earlier, people familiar with the matter said, asking not to be named as the information is private. That puts annual exports on track to surpass the about $10 billion of fiscal 2024.

Apple Inc.'s iPhone exports from India jumped by a third in the six months through September, underscoring its push to expand manufacturing in the country and reduce dependence on China.

A special court here has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.

India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.

India on Tuesday scrapped the export tax on parboiled rice, the government said in an official order, as inventories in the world's biggest exporter of the grain surged and the country is set to produce a bumper crop after copious monsoon rains.

In a grain market of Uttar Pradesh's Ghaziabad, the price of the Basmati 1509 rice variety has decreased by Rs 200 to Rs 300 per quintal in the last two days because the exporters are no longer coming in with big orders.

India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state granaries.

The Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect, according to a notification.

The interim government of Bangladesh has reversed the export ban on the much popular and prized Hilsa fish to India ahead of Durga Puja.

Apple has seen a surge in pre-orders for its Make in India' iPhone 16 in the country, as the company gears up to make its latest iPhone line-up available on September 20, trade analysts said.

China's Lenovo Group will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI servers-focussed R&D lab in the tech hub of Bengaluru, the electronics hardware maker said on Tuesday.