Israel & Iran made up around 14% of Indian basmati rice exports in FY25. Israel also accounts for 4% of India’s diamond exports. Both are likely to be significantly impacted.
Report released Wednesday by HSBC India Services Purchasing Managers' Index highlighted service providers in India attribute strong performance to growth in demand & new business gains.
India, world’s biggest exporter of rice & onions and 2nd biggest sugar exporter, imposed curbs on exports of these commodities in 2023 to keep local prices in check.
Maldives, which has traditionally had close ties to India, is pivoting towards China President Mohamed Muizzu was elected in Oct on a promise to end the country’s pro-India stance.
While bank credit looks healthy, there are signs of stress. Pvt investments show green shoots but merchandise exports are contracting. Foreign investors continue to find India attractive.
According to Chinese customs data, Beijing's overall bilateral goods trade with Moscow stood at $73.15 bn in January-April period this year — a 41% increase from same period in 2022.
Merchandise trade rose to $9.12 billion in April-November 2022 from $6.44 billion in the same period in 2021. But this time, it was driven by imports from Turkey.
As many as 15,000 human genome samples were collected from five states in India and sent to the US for the mega genomics project by Global Gene Corp and American pharma giant Regeneron.
Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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