Despite global trade uncertainties, India’s exports are charting a new course, bilateral agreements, free trade agreements (FTA) and venturing into uncharted territories like Africa, Latin America, and Central Asia have led to all-time high exports of USD. With these new initiatives, India has seen a surprising surge in exports of precious metals, minerals, automobiles, electronics, […]
Global inflation continued to ease, giving hints of loosening of central bank interest rates in 2024. The global headline rates of inflation are projected to reach 4.8 per cent, a sharp decline from 5.9 per cent in 2023 and 9.2 per cent in 2022, chief economists at the World Economic Forum said in a report. […]
In a pivotal year for Latin American soy production, Argentina and Brazil are set to drive significant growth in soybean crushing volumes in 2024. This surge, propelled by Argentina’s crop recovery and Brazil’s higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global. India, a major consumer of vegetable oils, is […]
External Affairs Minister S Jaishankar on Thursday, highlighted four key pillars of cooperation between India and Latin America and the Caribbean (LAC region) and said that the two economies can target USD 100 billion in trade by 2027. Jaishankar also highlighted four key pillars of enhanced engagement namely; supply chain diversification; resource partnerships; sharing of […]
Automaker Maruti Suzuki India has started exports of its newly-launched sports utility vehicle Fronx. In a release, the automaker on Thursday said the first batch, comprising 556 vehicles, was shipped from Mundra and Pipavav ports to destinations in Latin America, the Middle East, and Africa. “The newly launched Fronx is an important model in our […]
