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Amazon Joins Google and Microsoft With a Massive $35 Billion Bet on India’s AI Growth
Amazon will invest more than $35 billion in India by 2030, focusing on AI adoption, exports and job creation. The company says the plan will help 15 million small businesses use AI tools, boost India’s ecommerce exports to $80 billion and support 3.8 million jobs. Amazon will also expand fulfilment and data centre infrastructure and offer AI educ...
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Phone Exports To US Triple To Over $1 Billion In October Despite Tariff Issues
India's smartphone exports to the US more than three-fold year-on-year to USD 1.47 billion in October despite global challenges, according to the government data.
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Exports Plunge 11.8% in October, Trade Deficit Soars To $41.68 Billion
India's exports contracted 11.8 per cent to USD 34.38 billion in October, according to government data released on Monday.
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Apple Leases Office In Bengaluru, To Pay Rs 6.3 Crore Monthly Rent
iPhone maker Apple India has leased around 2.7 lakh square feet of office space in Bangalore for 10 years with a starting monthly rent of Rs 6.3 crore, according to data analytics firm Propstack.
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Trump Targets India, Spares China Despite It Buying More Russian Oil: Report
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticise China, according to a recent report by the Global Trade Research Initiative (GTRI).
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Expert Questions Trump's Threat To Raise Tariffs On India Over Russian Oil
Foreign Affairs Expert Robinder Sachdev questioned why the United States President Donald Trump is not "pressing down" on China with the "same intensity" as on India and noted that China is also buying Russian oil to the same extent.
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India Posts Current Account Surplus Of $13.5 Billion In Q4FY25: RBI Data
India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI
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Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
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Smartphone Exports Surpass Rs 2 Lakh Crore, iPhone Shipments Tops List: Centre
Mobile phone exports surpassed Rs 2 lakh crore in the 2024-25 financial year with iPhone shipments alone contributing about Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday.
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Exports Contract To $36.91 Billion In February, Trade Deficit Narrows
India's exports declined for the fourth month in a row in February to USD 36.91 billion due to volatility in petroleum prices and global uncertainties.
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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
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India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
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India's Overall Exports Fall 13% To $60.09 Billion As Global Economy Slows
India's overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday.
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Fuels From Russian Oil Gets Backdoor Entry Into Europe Via India: Report
Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed.
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Russia Becomes India's Top Oil Supplier In October: Report
Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa.
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Amazon Joins Google and Microsoft With a Massive $35 Billion Bet on India’s AI Growth
Amazon will invest more than $35 billion in India by 2030, focusing on AI adoption, exports and job creation. The company says the plan will help 15 million small businesses use AI tools, boost India’s ecommerce exports to $80 billion and support 3.8 million jobs. Amazon will also expand fulfilment and data centre infrastructure and offer AI educ...
-
Phone Exports To US Triple To Over $1 Billion In October Despite Tariff Issues
India's smartphone exports to the US more than three-fold year-on-year to USD 1.47 billion in October despite global challenges, according to the government data.
-
Exports Plunge 11.8% in October, Trade Deficit Soars To $41.68 Billion
India's exports contracted 11.8 per cent to USD 34.38 billion in October, according to government data released on Monday.
-
Apple Leases Office In Bengaluru, To Pay Rs 6.3 Crore Monthly Rent
iPhone maker Apple India has leased around 2.7 lakh square feet of office space in Bangalore for 10 years with a starting monthly rent of Rs 6.3 crore, according to data analytics firm Propstack.
-
Trump Targets India, Spares China Despite It Buying More Russian Oil: Report
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticise China, according to a recent report by the Global Trade Research Initiative (GTRI).
-
Expert Questions Trump's Threat To Raise Tariffs On India Over Russian Oil
Foreign Affairs Expert Robinder Sachdev questioned why the United States President Donald Trump is not "pressing down" on China with the "same intensity" as on India and noted that China is also buying Russian oil to the same extent.
-
India Posts Current Account Surplus Of $13.5 Billion In Q4FY25: RBI Data
India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI
-
Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
-
Smartphone Exports Surpass Rs 2 Lakh Crore, iPhone Shipments Tops List: Centre
Mobile phone exports surpassed Rs 2 lakh crore in the 2024-25 financial year with iPhone shipments alone contributing about Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday.
-
Exports Contract To $36.91 Billion In February, Trade Deficit Narrows
India's exports declined for the fourth month in a row in February to USD 36.91 billion due to volatility in petroleum prices and global uncertainties.
-
India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
-
India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
-
India's Overall Exports Fall 13% To $60.09 Billion As Global Economy Slows
India's overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday.
-
Fuels From Russian Oil Gets Backdoor Entry Into Europe Via India: Report
Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed.
-
Russia Becomes India's Top Oil Supplier In October: Report
Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa.
