The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.
Andy Murray's illustrious career finally came to an end as he and doubles partner Dan Evans were beaten 6-2, 6-4 by American pair Taylor Fritz and Tommy Paul in the Olympics quarter-finals at Roland Garros on Thursday.
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
The 38-year-old Haryana boxer won a bagful of medals between 2006 and 2014, including a bronze at the 2008 Beijing Olympics and the 2009 World Championships, before turning professional.
'The sooner Kalyan Chaubey leaves, the better it is for Indian football'
Modi has proven to be a past master in the art of political survival. This means that learning to navigate the choppy waters of coalition government will be an art he will not take long to master, argues Shyam Parekh.
India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.
India's gain will be an additional business of $300 million to $400 million per month if 10-11% of Bangladesh's export is diverted to Indian hubs like Tiruppur.
"When it comes to the Canadian matter, we have made clear that the allegations are extremely serious and they need to be taken seriously. We wanted to see the government of India cooperate with Canada in its investigation. Obviously, they have not chosen that path," State Department spokesperson Matthew Miller told reporters at his daily news conference.
Padukone said it's high time that players learn to withstand pressure, take responsibility, and deliver results after receiving significant support from the government.
Participating at a fifth Olympics featured prominently in Federer's agenda, and the postponement of the Tokyo Games by a year due to the COVID-19 pandemic worked perfectly for the Swiss, who would otherwise have missed it due to injury.
National champion Harmeet Desai, ranked 86th in the world in men's singles, is seeded 49th. He will make his Olympic debut.
India's top singles player Sumit Nagal on Friday returned to the Davis Cup team for the World Group I tie against Sweden but Yuki Bhambri has opted out of the September 14-15 contest,
International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.
Khan, 71, has been lodged at the Adiala Jail in Rawalpindi on account of multiple cases against him.
The commerce department has reaffirmed its plans to launch the 'Trade Connect' e-platform to help exporters connect with stakeholders of international trade, as a part of the new government's 100-day action plan, a senior government official said.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
Because billions of people around the world will be watching these brand ambassadors, what they wear during the Olympics is highly regimented, leading to complicated wardrobe changes.
Race walker Suraj Panwar gears up for debut within debut at Olympics
It may not quite be the end for British great Andy Murray at Wimbledon but it felt like it as the 37-year-old received an emotional farewell after he and brother Jamie were beaten in the first round of the men's doubles on Thursday.
Russia and China are 'seriously' considering a project to install a nuclear reactor on the Moon in the next decade, the official media in Moscow quoted the head of the Russian space corporation as saying.
Thomas Matthew Cooks was planted on the roof of a manufacturing plant located over 130 yards away from the stage at Butler Farm Show grounds, the New York Post reported, citing sources.
India's dismal performance in the recent Olympic Qualifiers for boxing has triggered a coaching crisis just four months before the Paris Games as High Performance Director Bernard Dunne has stepped down while foreign coach Dmitry Dmitruk is likely to be shown the exit door very soon.
Putting up a brave fight, India's Sumit Nagal took a set off world number seven Holger Rune before losing his rain-hit second round match of the Monte Carlo Masters, in Monte Carlo on Thursday.
The FBI said that its Legal Attache' office in Israel was actively working with partners on the ground to locate and identify US citizens afftected by the terror attacks.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
The big names who will be bidding for a podium finish before bidding farewell...
The BJP's strategy seem to be to wean away allies from the Congress, in Dravidian Tamil Nadu, and maybe later in UP, Bihar and elsewhere, though in slow doses, but without wooing them into a new alliance. The idea seems to be only to weaken the INDIA bloc from within -- and leaving it at that, notes N Sathiya Moorthy.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.
Tennis is like "riding a bike" for Federer, who is not worried about his game or starting with "really low" expectations, but is more interested to see how his knee reacts to the rigours of competitive tennis.
Roger Federer and Serena Williams, holders of a combined 43 singles Grand Slam titles, will face each other for the first time on Tuesday when they feature in the Hopman Cup mixed doubles match.
By virtue of its position as a global repository of international financial expertise
When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.
Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.
Laver Cup organisers say the exhibition event will go ahead in September as planned despite the French Open moving to the same dates as the implications of the French Tennis Federation (FFT)'s shock gambit began to reverberate on Wednesday. The September 25-27 Laver Cup, an exhibition event co-created by Roger Federer which has always featured the Swiss great and one of Rafael Nadal or Novak Djokovic.
The convention is set to begin on Monday and Trump is scheduled to formally accept his party's nomination and deliver remarks on Thursday night, The Hill reported.
