BUSINESS
Saudi investments to India have jumped 60x in a decade
In 2014, Saudi Arabia was ranked 47 with $51 million worth of investments in India, which rose to 39 with an investment of $316 million in 2019. But in 2020, the investment from Middle Eastern country grew 10-fold to $3.13 billion, with Saudi Arabia having a 0.6 percent share in India’s FDI inflows
BUSINESS
IMF cuts India’s growth forecast to 6.2 percent as tariff uncertainty looms
India is expected to do better on the inflation front as consumer inflation will decline to 4.2 percent in FY26 compared with 4.7 percent in FY25. For FY27, IMF projected inflation to further cool to 4.1 percent.
BUSINESS
US VPs tend to travel more to Europe, South Korea and Japan
US Vice President JD Vance, on his third official visit, landed up in India for a four-day visit on April 21. The visit comes 12 years after Joe Biden visited India for four days in 2013 as vice president
BUSINESS
Amid an ongoing tariff war, it’s not all roses for India’s flower exports
US was the top importer of cut flowers from India, accounting for nearly a third of India’s overall flower exports in 2024-25.
BUSINESS
India's core sector growth recovers to 3.8% in Mar from five-month low of 3.4% in Feb
The eight core industries, which largely represent India's infrastructure sector and account for 40 percent weight in the index of industrial production, ended FY25 at a four-year low growth rate of 4.4 percent compared with 7.6 percent in the previous fiscal
BUSINESS
India to review 28 international indices on their methodology
Stats ministry will conduct a review of the rankings methodology of 28 global indices and get back to the line ministries, the ministries will take up the matter with concerned agencies conducting these cross-country rankings
BUSINESS
China has been tilting towards ASEAN for trade since 2018, shows MC Analysis
America's share in Chinese exports has fallen to 14.8 percent in 2023, its lowest in over 15 years, as ASEAN economies and the European Union step up to become largest importers of Chinese products.
BUSINESS
Fitch forecasts India’s GDP growth at 6.4% for FY26 as trade war escalates
Fitch Ratings has sharply lowered its forecast for world growth in response to the severe escalation in the global trade war
BUSINESS
Kerala more unequal, Assam most equal; social inequality in India has declined over a decade: MC Analysis
The consumption spending of person belonging to Scheduled Caste increased 210 percent between 2011-12 and 2023-24 in rural areas, while general category witnessed a 170 percent jump during this period
BUSINESS
China dominates critical minerals supply chain with 30% share; India slips spots every stage of the network
China was the top exporter for both battery packs and electric vehicles in 2023, accounting for 26.1 percent and 31.8 percent share, respectively, nearly twice as much as the second largest exporter in both categories.
BUSINESS
India to grow 6.5% in 2025, as global growth slumps to 2.3%: UNCTAD
Monetary easing and robust public spending to support growth in 2025
BUSINESS
WTO lowers 2025 goods trade forecast by 0.2% over reciprocal tariffs and uncertainty
A resumption of reciprocal tariffs would see merchandise trade growth contracting 1.5 percent in 2025; growth to take a hit
BUSINESS
US share in Indian exports reached highest level in a decade in March: MC Analysis
Data released by the ministry of commerce showed that the threat of tariffs pushed Washington’s share in India’s exports to 24.3 percent compared with 21.4 percent a month ago and 18 percent from March 2024
BUSINESS
Not just China, India faces risk of flux of farm imports from US as well
Its trade war with China opens up a $590-million opportunity for the US to ship farm goods to India. Of US' $141.3-billion farm exports in 2024, China had a 13.5 percent share at $19.1 billion. India’s was just 1.4 percent at $1.9 billion
BUSINESS
Inflation declines but health and education expenses at a year's high
Services like X-Ray and ECG rose to a 15-month high of 2.23 percent. Tuition and school fee expenses rose 4.7 percent, a 12-month high, in March
BUSINESS
Nearly 30 percent of India’s export to US to face over 15% tariff: MC Analysis
While just about $80 million worth of export from India to the US attracted over 30 percent duty, from this year onwards, $458 million worth of products may face a tax rate of over 30 percent.
BUSINESS
India’s retail inflation eases to 67-month low of 3.34% in March
Food inflation declined to 40-month low of 2.69 percent in March as against 3.75 percent in February
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.
