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Petroleum Exporting Countries

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US tariffs: India not in a hurry, to follow wait and watch approach

India will wait and watch the situation emanating from the imposition of additional import duties by the US on the global trade and not take any action in a hurry as America may itself face......

US revises India tariffs downwards, to....

The United States has revised downwards the import duties to be imposed on India from 27 per cent to 26 per cent, according to a White House document. IMAGE: US President Donald Trump walks after......

EXPLAINED: Trump's reciprocal tariffs

The United States has announced 26 per cent reciprocal tariffs or import duties on Indian goods which will enter American markets. Industry players and experts have stated that the duties will pose......

US sanctions Indian national for shipping Iranian oil

The United States has sanctioned a United Arab Emirates-based Indian national and two India-based entities operating as part of Iran's 'shadow fleet' and involved in shipping Iranian oil. Image......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Exports fall 2.17% in May; trade deficit narrows

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global......

India's smartphone exports soar in FY25

India's smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the  segment to surpass petroleum products and diamonds as the country's......

Iran-Israel war could hurt exports; increase freight rates

The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates,......

Exports up 9% to $38.49 bn in Apr; trade deficit widens to 5-month high of $26.42 bn

India's exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit......

Exports contract to $36.91 bn in Feb, trade deficit narrows

India's exports declined for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties, even as the country's trade deficit narrowed......

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