Stock image for reference only India’s crude oil sourcing map underwent another significant shift in June, with Russian barrels accounting for nearly half of the country’s total imports. Purchases from Russia climbed 17 per cent month-on-month to a record 2.6 million barrels per day (bpd), lifting Moscow’s share of India’s crude import basket to 46...Read More

Boeing has surpassed $1 billion in export contracts awarded to Australian suppliers since joining the Australian Government’s Global Supply Chain (GSC) Program in 2007. This milestone underscores Boeing’s long-standing commitment to partnering with Australian industry and supporting high-tech jobs across the country. Over the past 19 years in the GSC Program, Boeing has awarded more...Read More

Prime Minister Narendra Modi on Saturday (July 4) said that India was able to successfully avert an energy crisis resulting from the US-Iran war and consequent blockade of the Strait of Hormuz because of diplomatic engagements, which enabled it to import fuel from nearly 40 countries despite the global supply disruptions. ‘Diplomacy paid off’ Addressing...Read More

Asian large caps tied to global trade are back in focus after a sharp swing in sentiment. A tech-led selloff has been followed by a rebound in South Korea’s KOSPI and Japan’s Nikkei, helped by softer U.S. labor data, easing geopolitical tensions and stronger services figures out of China. For investors watching export-oriented stocks, this...Read More

India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit mounts, the government is considering reviving the Gold Monetisation Scheme by involving jewellers to unlock idle gold and turn dormant household wealth into productive economic...Read More

NEW DELHI : India’s export strategy will come under the spotlight next week as the Board of Trade (BoT), chaired by Commerce and Industry Minister Shri Piyush Goyal, is set to meet on 3 July to discuss ways to accelerate outbound shipments and maximise the benefits of recently concluded free trade agreements (FTAs). The meeting...Read More

India’s coal imports declined by close to 13% in April 2026, dropping to 21.13 million tonnes (MT) from 24.27 MT in the same month last year, according to data released by the Ministry of Coal on Thursday.  The 3.14 MT reduction is being attributed to sustained domestic production growth and the government’s continuing push for...Read More

Shipping containers are stacked at a pier in Busan, South Korea, 01 July 2026. South Korea’s monthly exports surged 70.9 percent year on year to 102.25 billion US dollars in June, surpassing the 100 billion US dollars mark for the first time, driven by record semiconductor exports, according to the Ministry of Trade, Industry and...Read More

EGYPT – Wheat prices fell to a five month low at the end of June as fresh supplies from the Black Sea harvest entered the market and buying from major importers, including Egypt, weakened, according to S&P Global. Platts assessed its Milling Wheat Marker at US$229 per metric tonne on June 30, the lowest level...Read More

A looming Russian diesel export ban could not come at a more inopportune moment as global fuel inventories are perilously low. After experiencing the biggest energy shock in decades, another blow to the supply chain could threaten the fragile recovery process. Russian President Vladimir Putin signaled the Kremlin’s consideration of a ban on diesel exports...Read More