India is expected to play an integral role in global energy dynamics, as the country emerges as a source of energy demand optimism, overpowering the headwinds faced by the global oil markets, S&P Global Commodity Insights said on Wednesday. According to experts at S&P Global Commodity Insights, India is expected to play an increasingly pivotal…
India has transformed itself into a global health leader in terms of affordability, innovation, and inclusivity over the past decade. India’s pharmaceutical industry is a global giant ranking third in volume and 14th in value. It’s the largest supplier of generic medicines providing 20 per cent of the world’s supply and a key player in…
India’s foreign exchange reserves (forex) rose USD 4.553 billion to USD 690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed. The previous all-time high was at USD 704.89 billion in September 2024. After extending gains for the eighth straight week, forex kitty fell…
US President Donald Trump’s decision to impose a 5 per cent tax on international remittances sent by non-citizens will significantly impact Indian households, said Global Trade Research Initiative (GTRI), a trade-focused research Group, in its latest report. The proposed US legislative move has triggered alarm across the globe, particularly in India, which has been one…
Fruit traders based in Prayagraj have collectively decided to boycott Turkish apples, following the country’s open support for Pakistan during the recent military conflict with India. It was not immediately known how much apple quantity are imported to India from Turkey. Similarly, traders in various Indian cities have unanimously decided to boycott Turkish products, including…
As medical expenses continue to climb in the US, a growing number of patients are looking overseas for more cost-effective treatment options and suggested tariffs may impact the medical tourism industry, according to a new report. US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China….