Engineering exports see a decline in 15 key markets

Engineering exports see a decline in 15 key markets

The 16.71 % decline of engineering exports in October 2025 as against October last year is driven by the fall in shipments to 15 of the 25 key destinations. Among the export products, 23 of the 34 engineering panels registered year-on-year negative growth, according to trade analysis by the EEPC India. Exports to the U.S., […]

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Engineering exports see a decline in 15 key markets

Textile, apparel export see sharp decline in Oct; government rescinds QCO on viscose fibres

byline requested COIMBATORE: With the US tariffs hitting hard, apparel and textile exports saw 12.91 % slump in October compared with last October. While textile shipments last month were worth $ 1,597 million, apparel exports were $ 1,069.42 million as against $ 1,833 million (textiles) and $ 1,227 million (apparel) in October 2024. Exports of […]

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Watch: How is India responding to calls for shipping decarbonisation?

Watch: How is India responding to calls for shipping decarbonisation?

The International Maritime Organization (IMO), routinely lays down rules that regulate international shipping which carries almost all of the world’s trade. These rules are a result of consensus arrived at carefully, with much expert input, through meetings that are not dramatic. But in October, when the IMO that has 176 member-nations met to vote on […]

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China takes steps against U.S.-linked units of South Korea shipbuilder Hanwha

China takes steps against U.S.-linked units of South Korea shipbuilder Hanwha

Hanwha’s headquarters in Seoul, South Korea. Picture: hanwha.com China announced sanctions on Tuesday (October 14, 2025) against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world’s two largest economies, sending the company’s shares sharply lower. The move, announced by the Chinese Commerce Ministry, comes on the day that China […]

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U.S. tariffs to impact revenue of garment exporters

U.S. tariffs to impact revenue of garment exporters

Profitability of RMG exporters dependent on the U.S. could contract 300-500 basis points, says Crisil Ratings. | Photo Credit: SIVA SARAVANAN S Revenue growth of India’s readymade garment (RMG) industry is set almost to halve on-year this fiscal as the imposition of 50% tariffs by the U.S. comes into effect from  August 27, according to […]

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Exporters to U.S. fear loss of business with 25% additional tariff

Exporters to U.S. fear loss of business with 25% additional tariff

The U.S. is a key market for Indian ready-made garment exports, with the country holding a share of 33% in India’s total garment exports in 2024. | Photo Credit: The additional 25% tariff announced by the U.S. on exports from India will result in loss of substantial business if the tariff stays, said exporters of […]

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Elizabeth Magie: the forgotten inventor of a popular board game

Elizabeth Magie: the forgotten inventor of a popular board game

Madison Square, Fifth Avenue, Go To Jail, Grand Boulevard. Do these words and places ring any bells? Most of us would have stumbled upon them while playing the popular board game Monopoly. Imagine being a woman in the United States way before they got voting rights who worked hard to create a unique game to […]

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Foxconn plans new India iPhone plant in shift away from China

Foxconn plans new India iPhone plant in shift away from China

Foxconn to ramp up iPhone production in India. | Photo Credit: Reuters Apple will manufacture iPhones at a new plant in India, officials said Friday, as the U.S. tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile’s global supply chain is based mainly in China, where strict […]

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SpaceX launches U.S., Russia, UAE astronauts to space station

SpaceX launches U.S., Russia, UAE astronauts to space station

NASA’s SpaceX Crew-6 mission launches to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2023. | Photo Credit: Reuters SpaceX launched four astronauts to the International Space Station for NASA on Thursday, including the first person from the Arab world going up for an extended months long stay. The […]

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Nikki Haley leads Biden but trails Trump in hypothetical match, says report

Nikki Haley leads Biden but trails Trump in hypothetical match, says report

Republican Presidential candidate Nikki Haley speaks to voters at a town hall campaign event | File photo | Photo Credit: AP Less than a fortnight after entering the race to the White House, Indian-American Nikki Haley is leading against President Joe Biden in a hypothetical match, a latest opinion poll said on Friday. But she trails badly against […]

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