Falling Exports
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Gujarat's Empty Diamond Trading Hub Mirrors Pain For $80 Billion Industry
The Surat Diamond Bourse was billed as the future of an industry. Spanning more floor space than the Pentagon, the $350 million complex in Gujarat includes nine sleek towers with sloping facades and enough space to accommodate thousands of traders.
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Indian IT Sector At Risk? AI Doomsday Report Makes Shocking Prediction For Infosys, TCS And Wipro
A report from Citrini Research warns AI automation will halt India's $200B IT export sector, causing contract cancellations and rupee depreciation.
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Oil Prices Fall After US Captures Venezuelan Leader Nicolas Maduro
Oil prices fell on Monday after a US military operation seized Venezuelan leader Nicolas Maduro, whose country has the world's biggest proven crude reserves.
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India's Russian Oil Imports Fall By A Third As US Sanctions Take Effect
India's imports of Russian oil fell by nearly a third after stringent US sanctions on key Kremlin-linked exporters came into effect on November 21, and analysts expect further declines in December as refiners turned to alternatives
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India's Smartphone Exports To US Falling: Think Tank
India's smartphone exports to its largest market, the US, fell 58 per cent from USD 2.29 billion in May to USD 964.8 million in August, think tank GTRI said on Monday.
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Chinese Refiners Sweep Up Russian Oil After Indian Demand Falls: Analysts
Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said on Tuesday.
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'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
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Sheikh Hasina's Fall Leads To Slump In India-Bangladesh Border Trade
Sheikh Hasina quit as the Bangladesh Prime Minister this week and fled the country after violent protests demanding her resignation.
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UK's Approval Of Arms Export To Israel Dropped Sharply At Start Of Gaza War
Britain's approval of arms export licences to Israel dropped sharply after the start of the war in Gaza, with the value of permits granted for the sale of military equipment to its ally falling by more than 95% to a 13-year low.
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Centre To Begin Procurement Of 5 Lakh Tons Of Rabi Onion To Protect Farmers' Interest
Amid concern over likely fall in mandi prices in view of extension of onion export ban, the government on Tuesday assured farmers that it will start procurement of 5 lakh tonnes of rabi onion in next 2-3 days to protect their interest.
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Gujarat's Empty Diamond Trading Hub Mirrors Pain For $80 Billion Industry
The Surat Diamond Bourse was billed as the future of an industry. Spanning more floor space than the Pentagon, the $350 million complex in Gujarat includes nine sleek towers with sloping facades and enough space to accommodate thousands of traders.
-
Indian IT Sector At Risk? AI Doomsday Report Makes Shocking Prediction For Infosys, TCS And Wipro
A report from Citrini Research warns AI automation will halt India's $200B IT export sector, causing contract cancellations and rupee depreciation.
-
Oil Prices Fall After US Captures Venezuelan Leader Nicolas Maduro
Oil prices fell on Monday after a US military operation seized Venezuelan leader Nicolas Maduro, whose country has the world's biggest proven crude reserves.
-
India's Russian Oil Imports Fall By A Third As US Sanctions Take Effect
India's imports of Russian oil fell by nearly a third after stringent US sanctions on key Kremlin-linked exporters came into effect on November 21, and analysts expect further declines in December as refiners turned to alternatives
-
India's Smartphone Exports To US Falling: Think Tank
India's smartphone exports to its largest market, the US, fell 58 per cent from USD 2.29 billion in May to USD 964.8 million in August, think tank GTRI said on Monday.
-
Chinese Refiners Sweep Up Russian Oil After Indian Demand Falls: Analysts
Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said on Tuesday.
-
'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
-
Sheikh Hasina's Fall Leads To Slump In India-Bangladesh Border Trade
Sheikh Hasina quit as the Bangladesh Prime Minister this week and fled the country after violent protests demanding her resignation.
-
UK's Approval Of Arms Export To Israel Dropped Sharply At Start Of Gaza War
Britain's approval of arms export licences to Israel dropped sharply after the start of the war in Gaza, with the value of permits granted for the sale of military equipment to its ally falling by more than 95% to a 13-year low.
-
Centre To Begin Procurement Of 5 Lakh Tons Of Rabi Onion To Protect Farmers' Interest
Amid concern over likely fall in mandi prices in view of extension of onion export ban, the government on Tuesday assured farmers that it will start procurement of 5 lakh tonnes of rabi onion in next 2-3 days to protect their interest.
