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India’s Special Economic Zones (SEZs) have long been the backbone of the country’s software and services export story. According to data from the Export Promotion Council for EOUs & SEZs (EPCES), the top 20 SEZs collectively accounted for over $39,500 million in service exports between April 2025 and January 2026 — nearly 43% of India’s...
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This is the first public announcement by the South Asian nation since 2019, when it stopped importing oil from Iran after US waivers on the purchase of sanctioned Iranian oil were not renewed for buyers. “Amid Middle East supply disruptions, Indian refiners have secured their crude oil requirements, including from Iran; and there is no...
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An inside view of a rice mill in Haryana (ETV Bharat) Karnal: The ongoing blockade of the Strait of Hormuz, a vital shipping route, caused by the conflict between the US-Israel alliance and Iran, has severely disrupted India’s Basmati rice exports. Exporters say the disruption has led to shipments being held up at ports, soaring...
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Bangladesh Private Medical College Association (BPMCA) have called upon the government to abolish the existing income tax imposed on their institutions and give permission to import used medical equipment to curtail the rising costs of healthcare and medical education.  They made the call while placing their budget proposals for the fiscal year 2026-27 before the National...
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The basmati exports to West Asia have fallen by nearly 50% due to the ongoing conflict, exporters said on Saturday. India exports around 5 lakh tonnes of basmati to the region every month, and approximately 40% of this comes from Punjab, according to Bal Krishan Garg, president of the Basmati Millers and Exporters Association. The...
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India has abruptly ended the free import of gold, silver, and platinum jewellery, moving it to a restricted category requiring prior government permission. This move aims to close loopholes in Free Trade Agreements, particularly the India-ASEAN pact, used to evade duties. While SEZs and export-oriented units are exempt, traders now face potential delays due to...
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West Asia conflict may impact Indian exports, says official. Crisis affects imports, exports, and supply chains. Pharma sector priority. Hyderabad, Apr 4 (PTI) If the West Asia conflict continues, India’s exports to other parts of the world will also be impacted, Central Commerce Secretary Rajesh Agrawal said on Saturday. Indian exports during the last financial...
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Governments worldwide are moving swiftly to contain the fallout from a sharp rise in energy costs, as global supply disruptions linked to the US-Israeli war on Iran rattle markets. Surging fuel and electricity prices have prompted urgent steps to protect consumers and secure supplies, with mounting pressure on economies. In Asia, India has taken measures...
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27 India is preparing to reposition its seafood industry for the next phase of global competition, with policymakers targeting higher-value exports, deeper market penetration and stronger compliance standards as the sector scales up from its current growth trajectory. Backed by government investments of about ₹39,272 crore (roughly $4.7 billion) since 2015, the fisheries sector is...
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US President Donald Trump has signed an executive order imposing steep tariffs on imported branded pharmaceuticals, according to a report by Reuters. Under the order, patented drugs not produced in the US and not covered by government pricing agreements will face tariffs of up to 100 per cent. The measure is part of a broader...
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