India’s foreign trade set to cross .6 trillion mark this fiscal: Report

India’s foreign trade set to cross $1.6 trillion mark this fiscal: Report

India’s foreign trade is expected to cross the $1.6 trillion mark this fiscal despite global economic uncertainties, economic think tank GTRI said in a report. The Global Trade Research Initiative (GTRI) said the $1.6 trillion would be about 48 per cent of India’s nominal GDP of $3.4 trillion for the fiscal year ending March 2023. […]

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Kerala entrepreneur Ambika Somasundaran exports her brand of drumstick-based products

Kerala entrepreneur Ambika Somasundaran exports her brand of drumstick-based products

A soup mix or rasam mix with moringa (drumstick) leaf powder in it? Or a payasam that has moringa flesh as one of the ingredients? These are value-added products with moringa that entrepreneur Ambika Somasundaran manufactures at her unit, Kariat Dry Foods, at Marottichal in Puthur panchayat, Thrissur district. Now she is excited that some […]

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President Joe Biden’s curbs on chips to China part of broader effort

President Joe Biden’s curbs on chips to China part of broader effort

The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country Chip designer Nvidia Corp. this […]

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Record surge in India’s imports from China in first half of 2022

Record surge in India’s imports from China in first half of 2022

China’s overall export performance in June showed a recovery, up 13.2%, with total trade up 14.3% in June China’s overall export performance in June showed a recovery, up 13.2%, with total trade up 14.3% in June India’s imports from China reached a record $57.51 billion in the first half of the year, according to China’s […]

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U.S. hopes India would reconsider wheat export ban

U.S. hopes India would reconsider wheat export ban

India, the world’s second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by scorching heat waves India, the world’s second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by […]

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