global trade

Trade pain, stock gain: Nike shares jump 15% as it shifts production from China; braces for $1 bn tariff blow, price hikes ahead

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Nike shares rose after announcing a production shift from China. The company anticipates tariff costs of $1 billion. Price increases are expected in the US ...

‘Resilient economic activity’: RBI sees strong domestic momentum, global tensions cloud outlook

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The Reserve Bank of India reported that India’s economy showed resilience in May 2025. This is despite global trade issues and geopolitical tensions. Key sectors ...

India-UK trade pact: Deal likely to be signed by July-end, legal scrubbing under way; commerce secretary holds talks in London

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India and the UK are on track to sign their long-awaited free trade agreement by the end of July, according to a senior government official. ...

BRICS summit in Rio: Bloc may push trade in local currencies, countries differ on common currency; India says discussions still at ‘early stage’

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Ahead of the BRICS summit in Rio de Janeiro, member nations are set to intensify trade settlements in their own currencies, although a unified BRICS ...

Middle-East trade: India Inc faces limited impact from Iran-Israel conflict so far, says CRISIL

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CRISIL Ratings reports that the Middle East conflict’s impact on Indian companies’ global trade is currently limited due to small direct trade volumes with Israel ...

India readies 4-pronged trade deal strategy

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India is implementing a four-pronged strategy for Free Trade Agreements, prioritizing developed economies like the US and EU, mineral-rich nations such as Australia and Chile, ...

India strengthens economic ties with G7: Boost in high-tech, pharma exports; Canada is only exception

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India’s trade with the G7 nations has experienced substantial growth, reaching $248 billion in FY25 with a 13% CAGR since FY21. Exports to the G7 ...

‘Dramatic decline…watch out…’: China’s exports to US dip sharply amid Trump trade war; why India needs to be on the guard

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Amidst trade tensions with the US, China has strategically shifted its export focus, increasing shipments to India, the EU, and ASEAN. While China’s overall exports ...

Oil prices, freight rates may pinch economy

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New West Asia conflict may impact India. Limited direct trade impact is expected. Higher oil prices are a major concern for the Indian economy. Disruption ...

Govt keeps tabs on US tariff concessions to other nations

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The US is Playing Favorites (And India’s Keeping a Close Eye) So, the word around the trade water cooler is that Uncle Sam might be ...