India sees a 9.1% jump in goods exports to $38.5B in April, while imports surge 19% to $64.9B, widening the trade deficit to $26.4B. The US exports jumped 27% to $8.4B. Electronics exports soar 40% to $3.7B. China, Russia, UAE, USA are top import sources.
India's economy is set to grow at 6.3% in 2025, per a UN report, still ranking among the fastest globally despite a dip from 7.1% this year. Key drivers: robust consumer demand & government spending. Challenges include US tariffs but stable jobs & falling inflation offer support.
Post India-Pakistan ceasefire, Indian defence stocks surged; Nifty India Defence Index jumped 13%. Meanwhile, Chinese defence stocks dipped, with Avic Chengdu Aircraft down 9%. India's Operation Sindoor, highlighting indigenous tech, boosted investor confidence. #DefenceStocks
IFFCO & FDRVC team up to benefit 800+ FPOs and a million farmers across India πΎ. With advanced Nano Fertilisers and Bio-stimulants, this collab aims to boost yields and promote sustainable agri practices. MoU signed to drive inclusive growth via collective farming!
India proposes a 'no tariffs' agreement with the US amidst Trump's 90-day suspension on tariff hikes. India aims to lower its tariff gap to <4% from 13%, hoping for a trade exemption. US remains India's top trading partner, with $129B in bilateral trade in 2024. #TradeTalks
India's net direct tax collections soar 13.13% to over βΉ21.26 lakh cr, fueled by a 14.62% rise in advance tax. Personal income tax collections jump 20.47%, while Securities Transaction Tax sees a standout surge of nearly 56% to βΉ53,095 cr. π #IndiaEconomy#TaxCollection