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W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows

W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows

by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“Exports to the Middle East in March dropped by $3.5 billion… this has impacted goods exports in the month,” Rajesh Agrawal, India’s trade secretary, told reporters in New Delhi, referring to the impact of Iran war on exports The trade data...
India reserves right to retaliate if UK’s proposed carbon tax hits exports: Official

India reserves right to retaliate if UK’s proposed carbon tax hits exports: Official

by AIP Online Bureau | May 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

According to economic think tank GTRI, India’s exports worth $775 million to the UK may be impacted due to Britain’s decision to introduce carbon tax on products such as iron and steel, aluminium, fertiliser and cement, from 2027 New Delhi: The India-UK...

Escalating conflict hurts India’s trade with West Asian countries

by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...

Red Sea route accounts for 50% India’s exports, 30% of imports: Report

by AIP Online Bureau | Jan 28, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil

Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil

by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK,” Debojyoti Basu, vice-president of the Calcutta Customs House Agents’ Association Kolkata: Exports from Kolkata port, a gateway to...
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