INDIAN PHARMA EXPORT STATISTICS
Final batch of two 3,300 HP locomotives manufactured by BLW reach Mozambique
Indian Railways has successfully completed its order of 10 locomotives to Mozambique, with the final two 3,300 HP diesel-electric locomotives manufactured at Banaras Locomotive Works reaching the nation. This 'Make in India, Make for the World' initiative showcases India's growing strength in global rail manufacturing, with these state-of-the-art locomotives designed for comfort and efficiency.
FIIs bought 120 Indian stocks in Q4 amid Rs 1.3 lakh crore exodus. What's special about them?
Despite a significant Rs 1.3 lakh crore exodus in Q4, Foreign Institutional Investors selectively increased stakes in 120 Indian stocks. These companies are linked to domestic growth, balance sheet strength, or niche industry leadership, indicating continued capital deployment in specific attractive pockets.
Virat Kohli's attacking intent reaches new high in IPL 2026, highlights legend's adaptation abilities
During the IPL clash against Delhi Capitals (DC) in Bengaluru, Virat could score 19 in 13 balls, with three fours at a strike rate of over 146, but his attacking intent was visible.
Exporters seek removal of cap on interest subvention
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade uncertainties. The Federation of Indian Export Organisations believes the subsidy scheme needs revision. This aims to provide more substantial relief to businesses facing higher borrowing costs and fluctuating export demand.
West Asia crisis: Govt expands export insurance scheme
India's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disruptions from the West Asia crisis. The scheme aims to strengthen export resilience and sustain trade flows. Exporters obtaining new policies after March 16, 2026, are eligible. Reforms also target faster approvals for duty-free imports under the Advance Authorisation Scheme.
Chirag Paswan flags spice export quality issues, says rejections are “disheartening and embarrassing”
Union Minister Paswan highlighted spices’ historic role in India’s trade and their vast untapped potential beyond culinary use.
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EU trade surplus shrinks 60% as US exports fall due to tariffs
The European Union's trade surplus saw a major drop in February. Exports to the United States fell by over a quarter. This decline is linked to US import tariffs on EU goods. Overall EU exports decreased, while imports also reduced. This situation impacts trade relations between the EU and the US.
Labour-intensive sectors see steep fall in exports in March
The fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, driving growth. On the flip side, textiles and gems were hampered by market fluctuations. Disruptions in West Asia's trade routes complicated logistics, affecting shipments significantly. Interestingly, electronics imports surged, crossing the $100 billion threshold.
ET Family Business Awards: Torrent Pharma drives growth through acquisitions and innovation
Aman Mehta is guiding Torrent Pharmaceuticals through a significant period of growth and strategic change. He is driving the company's expansion through acquisitions, notably the purchase of JB Chemicals. This move positions Torrent Pharma for a potential entry into India's top five pharmaceutical companies. Mehta's leadership also emphasizes organic growth, strategic in-licensing, and a strong focus on research and development.
Pharma exports fall to five-year low in March amid West Asia crisis
India's pharma exports saw a sharp 23.17% fall in March. The West Asia war disrupted shipping routes and air transit hubs. This led to increased freight costs and potential losses of ₹2,500-₹5,000 crore. Despite strong growth earlier in FY26, the conflict impacted crucial transit points like Dubai and Abu Dhabi. This affected the flow of vital medicines to global markets.
EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRI
India's exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Border Adjustment Mechanism. Starting 2028, the CBAM will cover a wider range of manufactured industrial goods, including stricter rules for recycled materials. This move could significantly impact Indian manufacturers exporting to the bloc.
EU's proposed CBAM expansion may impact Indian exporters: GTRI
The European Union is set to broaden its Carbon Border Adjustment Mechanism, which could lead to a spike in carbon tax expenses for Indian goods shipped to Europe. Exporters in India must quickly adapt by enhancing their emissions tracking and implementing decarbonisation strategies.
Buyback alert! Last date to buy Aurobindo Pharma shares for Rs 800-crore share buyback. Check details
Aurobindo Pharma has announced an ₹800-crore buyback at ₹1,475 per share, with April 17, 2026 set as the record date—meaning investors must buy shares before this date to be eligible.
China says economy grew 5% on-year in Q1, beating forecasts
China's economic growth topped expectations in the first quarter of the year, official data showed Thursday, even as the global economy reels from the fallout of war in the Middle East. NBS data also showed Thursday that retail sales grew 1.7 percent on-year in March, missing a Bloomberg forecast of 2.4 percent.
Dr Reddy's gets nod to roll out generic oral semaglutide drug
"The formulation was clinically evaluated in a head-to-head comparative study conducted in India, which established the non-inferiority to Novo Nordisk's oral semaglutide (Rybelsus brand). Based on this clinical evidence, our product has received regulatory approval in India under the biosimilar regulatory pathway," a company spokesperson said.
India's Apple component exports to China surge to record $2.5 billion under ECMS scheme
India's electronics exports to China are experiencing a significant surge. Apple's component manufacturing scheme is driving this growth. Indian vendors are now exporting parts to China, a reversal of past trends. This development is expected to boost India's overall exports to China substantially. The success highlights the impact of government initiatives on the electronics sector.
Geopolitical tensions cripple India-Middle East trade in March
India's trade with the Middle East saw a significant drop in March. Exports and imports fell by over 50 percent. This decline resulted from disruptions caused by the US-Israel attack on Iran. The Strait of Hormuz, a vital shipping route, faced temporary closure. This impacted shipments of gems, jewellery, engineering goods, and rice.
India‘s textile and apparel exports degrow by -2.22% in FY 26: Govt Data
Indian textile and apparel exports saw a decline in fiscal year 26. Exports in March also registered a year-on-year drop. This comes after the US imposed high tariffs. Meanwhile, India's import of raw cotton increased significantly. This surge followed a period of eased import duties.
India's 30-year economic model is over; time to pivot from IT to manufacturing: Saurabh Mukherjea
Saurabh Mukherjea believes India's long-standing economic model is concluding. He anticipates rising inflation and a weakening rupee impacting consumer spending. Interest rate hikes are also expected, posing challenges for lenders. The focus is shifting towards manufacturing exports, benefiting from global trends. This transition presents new investment opportunities in specific export-oriented sectors.
India's gems, jewellery exports dip 35 per cent in March on US-Iran conflict: GJEPC
India's gems and jewellery exports saw a significant drop in March, largely due to the West Asia conflict impacting logistics and insurance costs. Despite this setback, the industry is exploring opportunities to become a rough diamond trading hub. While demand weakened in some key markets, other regions provided support. The council anticipates a recovery as geopolitical tensions ease.
WTO likely to release India's trade policy review report in July
In this regard, a team of officials from the WTO Secretariat was in New Delhi last week. In preparing its report, the Secretariat seeks the cooperation of the member countries. India has been a WTO member since 1995.
India Pharma 2026 event: Nadda lays out road map for India to take global pharma leadership role
India Pharma Conference: India is set to become a global leader in advanced medicines like biologics and biosimilars, Union Minister J P Nadda said, underlining the need for stronger research and investment. The government is implementing initiatives like Biopharma SHAKTI and PLI schemes to boost domestic manufacturing and self-reliance, he further said.
Piyush Goyal holds talks with Saudi Arabia trade minister on stronger supply chains
India's Commerce Minister Piyush Goyal met with Saudi Arabia's Trade Minister Majid bin Abdullah Al Qassabi. They discussed strengthening supply chains affected by the West Asia crisis. Both ministers expressed optimism for early progress on the India-GCC Free Trade Agreement negotiations. The discussions also focused on ensuring smooth trade flows and recovering from disruptions.
West Asia crisis: Piyush Goyal meets Kuwait, UAE to restore trade, energy flows
India's Commerce Minister Piyush Goyal met with leaders from Kuwait and the UAE. Discussions focused on restoring trade and energy supplies disrupted by recent events. India offered assistance to Kuwait for food security. Both sides emphasized dialogue and diplomacy. Efforts are underway to ensure smooth trade flows and continuity of essential supplies.
Iran conflict: Pharma supply chains may take months to recover
Experts said supply chains disrupted by the conflict will take months to stabilise, and prices of active pharmaceutical ingredients (APIs)-the raw materials that go into medicines-are expected to soften only gradually.
India Inc ramps up exports as Iran ceasefire reopens Middle East trade
Indian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacity. Companies expect a surge in orders for reconstruction activities in war-affected nations. Pharma and packaged food sectors see increased demand.
Exporters' body FIEO sees 2-3 pc fall in goods exports during 2025-26
Indian merchandise exports are projected to decline by 2-3% in 2025-26. Global economic uncertainties, amplified by the West Asia crisis, are the primary drivers. This situation has already impacted shipments, increasing freight and raw material costs. While goods exports face a downturn, services exports are anticipated to grow. Exporters hope for stabilization following a ceasefire announcement.
US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO
Exporters welcome the ceasefire between the US and Iran. The reopening of the Strait of Hormuz eases shipping disruptions and reduces costs. This brings immediate relief to Indian exporters trading with the Gulf region. However, exporters remain cautious due to the temporary nature of the truce. Sustained stability is crucial for restoring confidence and ensuring smooth trade flows.
US envoy to India meets Trump, discusses 'strong future of India-US ties'
US Ambassador to India, Sergio Gor, attended a White House dinner with President Trump, discussing US-India ties and global stability. Gor also met with Commerce Secretary Howard Lutnick to boost AI and pharma cooperation, and FBI Director Kash Patel to enhance efforts against transnational threats. He further engaged with Vice President JD Vance on bilateral relations.
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