India-China Trade Deficit Hits Record $116 Billion in 2025
India's exports to China increased in 2025, but the trade deficit soared to a record $116 billion, highlighting ongoing economic challenges in bilateral trade relations.
Category : Trade & Export
IndiGo Faces Backlash Over Treatment of 10-Year-Old Solo Traveler
Writer Neelesh Misra alleges IndiGo staff spoke rudely to his daughter during solo flight. Airline responds, sparking online debate about child safety protocols.
SCOTUS to Rule on Trump Tariffs Legality Today
The US Supreme Court prepares to deliver a crucial ruling on whether former President Trump's sweeping tariffs, including those affecting India, were legal. The decision could trigger massive refunds.
US Sets Security Rules for Nvidia's China Chip Sales
The Trump administration enacts new security requirements for Nvidia's H200 AI chip exports to China, including supply checks and customer verification.
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China Investigates Trip.com for Suspected Monopoly Breaches
Chinese regulators launch investigation into Trip.com Group for potential misuse of dominant market position, following earlier crackdowns on tech giants like Alibaba.
US Tariff Threat Clouds India's Basmati Rice Trade with Iran
India's basmati rice exports to Iran face uncertainty as the US threatens a 25% tariff on countries trading with Tehran. The commerce ministry will consult exporters to assess impact and safeguard shipments.
China's Oil Purchases Stabilize Global Market Amid Tensions
China's aggressive buying for its strategic petroleum reserves has prevented oil prices from collapsing, acting as a crucial buffer in an oversupplied market.
India's Tariff Burden After Trump's Iran Move
Indian exporters face uncertainty as they await clarification on potential US tariffs following Trump's warning on Iran trade. The Federation of Indian Export Organisations says firms comply with sanctions.
India's Tariff Burden After Trump's Iran Move
Indian exporters face uncertainty over potential US tariffs after Trump's warning on Iran trade. FIEO says firms comply with sanctions but seek clarity on impact.
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Maharashtra Tops NITI Aayog Export Index 2024
Maharashtra emerges as the top-performing state in NITI Aayog's Export Preparedness Index 2024, followed by Tamil Nadu and Gujarat, according to the latest report.
India Authorizes IACCIA for WANA Export Certificates
The government has authorized IACCIA to issue non-preferential certificates of origin for exporters trading with West Asia and North Africa, aiming to ease documentation bottlenecks.
Trump Firm's Stablecoin Deal with Pakistan Central Bank
World Liberty Financial, linked to Donald Trump's family, partners with Pakistan to integrate its USD1 stablecoin into the country's digital payments system, marking a significant crypto-government collaboration.
Maharashtra Leads Export Readiness Index 2024
Maharashtra has secured the top position in NITI Aayog's Export Preparedness Index 2024, with Tamil Nadu and Gujarat ranking second and third respectively, highlighting regional export competitiveness.
Akasa Air Pune-Bengaluru Flight Delayed 4+ Hours
An Akasa Air flight from Pune to Bengaluru faced a major delay of over four hours due to a technical issue. Passengers remained seated for hours without proper information before deboarding.
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Lakshadweep Matsya Mela Ends, Pushes for Fisheries Hub
The three-day Matsya Mela in Kavaratti concluded, advocating for an integrated fisheries hub to boost Lakshadweep's economy and secure livelihoods through streamlined marketing and sustainable practices.
Crisil: Venezuela Oil Won't Impact India's Trade, Credit
Crisil Ratings states that Venezuela's oil supply changes will not materially affect India's global trade or corporate credit quality, with direct trade being minimal.
Trump's Iran Tariff: Low Impact on India's Trade
US President Donald Trump's new 25% tariff on countries trading with Iran is expected to have little effect on India, as bilateral trade has dwindled to just $1.6 billion, with Iran not among India's top 50 partners.
India Falls to Third Place in Russian Oil Imports
India has slipped to the third position among importers of Russian crude oil, with China now leading. This shift reflects changing global energy dynamics and market strategies.
Himachal CM Sukhu to Fight for Apple Growers on Import Duty
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu pledges to meet Union ministers to address apple growers' concerns over reduced import duty on New Zealand apples.
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Iran Crisis Hits Basmati Exports, Prices Fall Amid Payment Delays
The ongoing crisis in Iran is severely impacting India's basmati rice exports, causing prices to drop and payment delays to mount. Industry experts express deep concern over the future of this vital trade.
British Columbia Eyes Natural Gas, Timber Exports to India
British Columbia's minister, with Punjab roots, visits Bengaluru to boost natural gas and timber exports to India, inviting tech firms for partnerships.
Akasa Air Flight Diverted to Jaipur After Failed Landings
An Akasa Air flight from Mumbai to Ahmedabad was diverted to Jaipur after two unsuccessful landing attempts due to unstable wind conditions at Ahmedabad airport.
Aluminum Dips from 3-Year High, Copper Holds Near Record
Industrial metals like aluminum and copper show mixed trends after a strong start to the year, with investors weighing demand concerns and geopolitical risks.
Oil Surges 2% on Iran Unrest, Venezuela Supply Concerns
Brent and WTI crude prices climbed sharply as protests in Iran and potential export disruptions overshadowed possible increased supply from Venezuela, with geopolitical tensions driving market volatility.
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Trump Calls USMCA 'Irrelevant' as Renegotiation Looms
Former President Donald Trump expressed indifference toward the US-Mexico-Canada Agreement, signaling potential lengthy renegotiations that could disrupt North American trade.
Flight Fails to Land Twice, Diverts to Jaipur for Refueling
An Akasa Air flight from Mumbai to Ahmedabad failed to land twice due to windy conditions, diverted to Jaipur for refueling, and safely landed on its third attempt at 1:30 pm.
Corn Hits 3-Month Low on Big U.S. Supply Outlook
U.S. corn futures fell to their lowest since October after USDA projected record harvest and stocks. Soybeans also dropped due to export cuts and Brazil's harvest boost.
Samastipur Railways Acts After Hydrant Pipe Drags Train
The Samastipur railway division imposed penalties on a contractor and engineer after a hydrant pipe dragged a train for 140 meters, damaging platform tiles and a coach. Officials ordered a safety audit.
Gujarat and Hamamatsu Sign Economic Cooperation Pact
The Gujarat Chamber of Commerce and Industry and Hamamatsu Chamber of Commerce signed an MoU to boost economic cooperation, marking 50 years of Indo-Japan friendship.
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Pongal Special Train from Podanur to Chennai Announced
Southern Railway will operate a special train from Podanur to Chennai for Pongal, enhancing connectivity during the festive season. The service aims to ease travel for passengers.
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