BUSINESS
From farms to food, US is highly dependent on India
In 2024, India accounted for nearly all the tractors sold in the US for farming and over 90 percent of carpet sales
BUSINESS
Wholesale inflation eases to six-month low of 2.05% in March
Wholesale inflation has been muted throughout the year
BUSINESS
Toasters, alarm clocks, umbrellas, toys! US to feel the pain with higher tariffs on China
Nearly 5 percent of US imports of more than $10 million have a high China dependence. US imported $50 billion worth in 2024, China had an 81 percent share. Two- and 69 percent of lithium-ion batteries were from Beijing
BUSINESS
India will have a tough time catching up with Chinese smartphone exports to the US
China controlled 82 percent of US imports of smartphones in terms of volume and 81 percent by value in 2024. India was a distant second with 10.5 and 13.7 percent, respectively.
BUSINESS
Industrial production drops to 6-month low of 2.9% in February
The core sector, which has a 40 percent weight in the index of industrial production, had slipped to a five-month low in February
BUSINESS
Southeast Asian economies seizing China's share of import to India, shows MC analysis
Most of the gains in trade for Cambodia, Vietnam, Malaysia and Thailand have come in machinery and electronics segment, where southeast Asia now accounts for $4 billion of India’s imports. Metals have contributed another $3 billion.
BUSINESS
Trump's tariff, if imposed after the 90-day pause, could lower India’s FY26 GDP to 6.1%: Moody’s
While the US action is expected to hurt India, Moody’s highlighted that Indian economy could be relatively less impacted as external demand contributes a smaller proportion to growth.
BUSINESS
US would have difficulty finding new markets for a fourth of its exports to China: MC Analysis
Categories where US’ dependence on China is over 20 percent are largely concentrated in vegetables, chemicals and machinery imports, which were worth $28 billion in 2023
BUSINESS
Nearly half of India's poorest districts have seen a faster decline in multidimensional poverty
Madhya Pradesh, Assam, Tamil Nadu and Andhra Pradesh have done better on uplifting aspirational districts
BUSINESS
Labour force participation dips, unemployment rises in 2024: MoSPI report
More women dropped out of the rural workforce during this period.
BUSINESS
MC Analysis: Can a China-India tariff tango hurt US trade?
Just 1% of US exports are heavily reliant on the Chinese and Indian markets, with the two Asian countries accounting for more than half of the exports in these categories.
BUSINESS
Malaysia, India and Philippines to benefit from trade diversion due to US tariffs: Moody’s Ratings
The escalation in Sino-US trade tensions would be detrimental for the global economy and pose significant downside risks to the region's economic outlook, according to the global rating agency
BUSINESS
Chinese imports worth $40 billion could potentially glut Indian market, shows MC Analysis
China accounts for exports worth $139 billion to the US market some of which could potentially get diverted to India
BUSINESS
Women turning savvy investors as most states see faster demat account additions than men
Karnataka had the third highest share of women demat account holders at 5.8 percent, but Rajasthan was close on its heels with 5.5 percent share, with Madhya Pradesh not too far behind, placed sixth, with 5.3 percent.
BUSINESS
Cheaper vegetables bring down thali cost in March: Crisil
The price of a non-vegetarian thali was even sharpers on decline in the prices of tomatoes and the broiler following bird flu fear
BUSINESS
Female demat account holders have quadrupled since 2021: MoSPI report
The number of female demat account holders has quadrupled since 2021, growing at a similar pace to men. While women held 6.7 million demat accounts in 2021, by the end of 2024, the number had increased to 27.2 million.
BUSINESS
US tariffs to hit India’s FY26 growth: Economists
Indian economy to grow 6.1 percent in FY26 compared with 6.3 percent estimated earlier, says Goldman Sachs
BUSINESS
Why the US govt is unhappy with India’s intellectual property regime
The US companies hold most number of patents and trademarks in India with companies like Qualcomm, Apple and Google owning hundreds of patents.
BUSINESS
Reciprocal tariffs could create a $37-billion opportunity for India as it gains competitive advantage: MC Analysis
New Delhi’s neighbours are likely to be more hurt, as India could shave off at least 10 percent of their total trade in tariffed items to the Washington
BUSINESS
India’s services activity slips to 58.5 in March
Manufacturing sector had a better month, closed the financial year at a eight-month high of 58.1
BUSINESS
Vietnam can face stiff competition for US exports in nearly 10 percent of items exported to the US: MC Analysis
Bangladesh, Sri Lanka, South Africa also at risk as they face higher tariffs from the US
BUSINESS
A fifth of India’s exports open to US exemptions: Pharma, zinc, copper and chemicals to benefit
Of the $91 billion worth of India’s exports to the US, nearly $20 billion are expected to come under some form of exemption granted as per the executive order
WORLD
India’s top exports have 30% dependence on US, but some sectors may escape tariff hit
The impact of US reciprocal tariffs could be moderate on India, and in some cases even positive, as China, which accounts for the largest share of US imports of electronics, for example, will attract a higher 54% tariff
BUSINESS
Over a sixth of global trade in jeopardy as US opens a front against all nations: MC Analysis
The US imported $3.8 trillion worth of goods in 2023, as the global imports settled at a little over $24 billion. With retaliatory tariffs from China, Europe, Canada and other countries, the total trade in jeopardy is expected to cross $4 trillion
