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India recorded zero imports from Pakistan in the first five months of the current financial year, while exporting $235 million worth of goods, mainly sugar and pharmaceuticals, as per government data. Last year, India imported $3 million in agricultural commodities from Pakistan. Bilateral trade has declined since 2018-19, following India&
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A report by the Institute for Energy Economics and Financial Analysis (IEEFA) highlights India's heavy reliance on imports for minerals vital to its energy transition, including lithium, cobalt, and nickel, with 100% dependence on imports for these resources. The country’s demand for critical minerals is projected to
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Swiss companies like engineering firm ABB and logistics group Kuehne+Nagel are stepping up investments in India, driven by rapid growth and a $100 billion trade and economic partnership agreement (TEPA) with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland, and Liechtenstein. TEPA, set to cut tariffs
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India has exported military equipment to more than 100 countries in the past financial year, with the United States, France, and Armenia emerging as the top customers, according to official sources. The U.S. imports include aircraft and helicopter components for defence companies such as Lockheed Martin and Boeing, while
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The Central Electricity Authority's National Electricity Plan-Transmission, under the Ministry of Power, projects an increase in Tamil Nadu's electricity demand by 7,000 megawatts (MW) due to green hydrogen and green ammonia production. The Ministry of New and Renewable Energy (MNRE) has identified coastal regions in
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Highlights include Indian announcements for space exploration, collaboration with Germany and views from columnists on the RBI rate cut.
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A high-level delegation from Rhineland, Germany, led by Minister for Economic Affairs Daniela Schmitt, met Telangana’s Industries and IT Minister Sridhar Babu to discuss investment and partnership opportunities across sectors. The talks focused on chemicals, pharmaceuticals, biotechnology, vaccines, packaging, poultry, agriculture, automobiles, and logistics. Minister Babu highlighted Telangana’s
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The Airports Authority of India (AAI) and Delhi Research Implementation and Innovation (DRIIV) have signed a memorandum of understanding (MoU) to foster innovation, enhance operational safety, and support sustainable growth in India's aviation sector. The partnership aims to create an ecosystem for startups to develop technological solutions addressing
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