India's merchandise exports dipped marginally in March to $41.69 billion, and by 3.11 per cent during the last fiscal year to $437.06 billion mainly due to continued geopolitical turmoil, and depressed global trade. Imports, too, declined in March as well during the entire 2023-24. Trade deficit, or the gap between imports and exports, narrowed 17.74 per cent in March to $15.6 billion and came down 9.33 per cent to $240.17 billion in FY24.
Capping a visit that attracted controversy and opposition ire, EU parliamentarians visiting Jammu and Kashmir on Wednesday termed Article 370 an internal issue of India and said they stand by the country in its fight against terrorism.
India clearly told the EU it would 'not accept' any further concession, as far as the automobile sector was concerned.
Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
Under the Commission proposal, Greece would get the whole 7 billion in one go
Under the FTA in the Services sector, India wants the EU to ensure free mobility of professionals without restrictions such as experience whereas the EU wants greater commitment by India to allow foreign investment in services such as retail, legal and postal.
Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.
For those who are unaware of the migrant crisis the EU is facing and wondering just what the fuss is all about, here's an explanation of what's going on.
The UK voted to leave the European Union after 43 years.
Calling India one of the most attractive investment destinations globally, vice president of European Commission Jyrki Katainen also complimented the government for its resolve to roll out the GST.
House of Commons Speaker John Bercow told MPs that the bill had received Royal Assent, which involves Queen Elizabeth II's final approval required to make it an Act of Parliament.
A day ahead of the G20 Summit, it was not very clear whether a consensus on the text to describe the Ukraine crisis in the joint leaders' declaration was achieved with China appearing to emerge as the main stumbling block to bridge the differences on the contentious issue.
European Union is not contemplating signing free trade agreement with India in the near future and will focus on completion of contentious World Trade Organisation negotiations including agriculture and Singapore issues
India assured the EU it would put in place measures to ensure cargoes are free from pests
Obama's strong intervention in favour of the 'Remain' camp of the debate attracted strong criticism from the 'Vote Leave' campaign, which accused him of being 'downright hypocritical'.
India processes around 90% of the world's supply of rough diamonds.
In an apparent fall-out of holding funeral prayers for Osama bin Laden, an European Union delegation snubbed hard-line Hurriyat Conference chairman Syed Ali Shah Geelani by cancelling a scheduled meeting. "A meeting was initially planned for May 14 with Syed Ali Shah Geelani, but given the latest events, the EU delegation considers it inopportune to hold the meeting," a statement said. It also called off a meeting with members of the Kashmir Bar Association.
The English language may be one of the casualties of Brexit as it emerged that no state other than the United Kingdom has registered it as a primary language among the 28 countries within the European Union.
India may have to abide by a series of international standards and regulatory practices in the healthcare sector, if it agrees to some proposals that are part of the ongoing India-EU Free Trade Agreement (FTA) negotiations.
Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.
Vaz has been spearheading efforts in the UK to get the ban lifted.
The European Union has expressed regret over the hanging of the Parliament attack convict Afzal Guru and asked India to put a moratorium on executions.
EU says Google unfairly pushes own apps with Android
Union minister Smriti Irani reacted furiously to the Congress leader's barb at the prime minister over the Rafale purchase and the tense situation in Manipur.
India and Brazil raised a trade dispute against the European Union before the World Trade Organization on Tuesday over seizure of generic drugs by EU member countries on high seas.
In a move that could improve the weakening sentiment in the Indian textile industry, the government is set to sign a free trade agreement (FTA) with the European Union (EU) by the end of the current calendar year.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Certain changes in the past two or three years could have a long-term structural impact on the IT services market.
Taking a dig at Europe, Brazil Thursday suggested the European Union to outsource all their calculations to India's computers and mathematicians as it dismissed the allegation that the two countries were fooling everyone on reducing tariffs.
The UK's health authorities have confirmed that a new and "most significant" variant of COVID-19 is officially under investigation in the country as the government on Friday added six countries to its travel ban red list from southern Africa, where B.1.1.529 strain was first identified.
India and the European Union have failed to arrive at any understanding on the four-year dispute involving two Italian marines accused of murdering two Indian fishermen
Officials said the EU wanted to consolidate its multi-faceted relationship with India.
'Let no one doubt our determination or question our resolve, Brexit is happening.'
Several round of talks are expected to be held this year before the finale at Cancun in Mexico in December.
Counting is under way in a referendum that will decide whether the UK remains a member of the European Union.
American intelligence service used bugs, phone taps and cybermonitoring to obtain information from European Union embassies and offices in Washington, New York and Brussels, a German weekly reported on Sunday.
The European Union (EU), which wants India to reduce high import duties on wines, is facing a glut of the beverage at home and is taking steps to protect local producers from new rivals like Australia and the US.
The issue was taken up at a meeting in New Delhi between Commerce and Industry Minister Anand Sharma and visiting Polish Foreign Minister Radoslaw Sikorski.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances