Economy

EU’s Iron Grip: Quota shift smelts India’s $4.25B Steel export surge, country put in a pooled group

Quarterly quotas are in the 12500 ton range (for eac quarter) with the scheme being in force till June 2026 | Photo Credit: ANINDITO MUKHERJEE New Delhi The European Union (EU) has revised safeguard measures on steel imports; and will go back to country-specific quotas giving distinct preference to select nations. This is likely to […]

Economy

Iran-Israel War: India’s diversified crude oil sourcing ensures supplies in case of Hormuz blockade

With the rising possibility of Iran blocking the Strait of Hormuz (SoH), India’s crude oil supply diversification with Russia as a strategic cornerstone backed by the US, Latin America and West Africa will help ensure supplies. However, ensuring supplies will come at higher logistics cost for India. Analysts point out that, diversifying sources to 40 […]

India’s coffee export growth: Shipments up 125% to $1.8 billion in 11 years; Europe remains top buyer

India’s coffee exports have surged by 125 per cent over the past 11 years, touching $1.8 billion in 2023–24, up from $800 million in 2014–15, according to central government data.The rise in exports has been attributed to a series of policy measures implemented by the Coffee Board of India, including digitalisation of permits, export incentives, […]

Rare earth supply crunch: Over 21,000 jobs in India’s audio electronics sector at risk due to China curbs, says Elcina report

More than 21,000 jobs in India’s audio electronics sector are at risk due to China’s curbs on the export of rare earth metals, industry body Elcina has said in a report shared with the government.In April, China implemented stricter licensing rules on the export of key rare earth elements like terbium and dysprosium, which are […]

Economy

Iran-Israel war escalation to impact India’s trade with West Asia, say experts

Any further escalation of the ongoing war between Iran and Israel will have wider implications for India’s trade with West Asian countries, including Iraq, Jordan, Lebanon, Syria, and Yemen, say experts. They said that the war has already started impacting India’s exports to Iran and Israel. The US attacked three sites in Iran early Sunday, […]

Iran-Israel war escalation: Experts warn of cascading impact on India’s trade with West Asia; crude prices, exports at risk

The escalating war between Iran and Israel could have wide-ranging repercussions for India’s trade with the broader West Asian region, experts warned, citing early signs of export disruptions and heightened shipping and insurance risks.The conflict has already started impacting India’s trade with Iran and Israel, and any further escalation could endanger exports to countries such […]

India’s power push: Nearly half of India’s power capacity now non-fossil fuel-based; coal remains dominant

This is an AI-generated image, used for representational purposes only. India’s installed power capacity has reached 476 GW as of June 2025, with nearly half, 49% or 235.7 GW, now sourced from non-fossil fuel options, according to a government explainer on energy and environment issued on Sunday. Of this, 226.9 GW comes from renewable energy […]

Report: India’s economic rise must now translate into individual prosperity; growth yet to reflect in per capita income

This is an AI-generated image, used for representational purposes only. India has surged ahead in global GDP rankings over the past decade, but its per capita income remains among the lowest in the top 10 economies. In this context, a new report by Llama Research has underlined the need for India’s next growth phase to […]

Economy

India’s growth must now translate to individual prosperity: Llama Research

Titled ‘India’s Growth: Journey from Size to Strength’, the report urges that the next phase of India’s growth should focus on translating national progress into individual prosperity. India has overtaken several economies in terms of GDP over the past decade, but its citizens’ per capita income remains poor. In that context, a report by Llama […]