CBAM expansion to hit engineering goods, auto parts, machinery; stricter rules may raise costs for scrap-based producers. A draft report by the European Parliament’s Committee on the Environment, Climate and Food Safety (ENVI) proposes extending CBAM deeper into the manufacturing … Read More
Blog
India’s exports grow marginally in FY26 as deficit widens, Gulf war disrupts trade
India’s trade saw record levels in FY26. Exports grew slightly, but imports rose faster, widening the trade deficit. The West Asia conflict impacted March trade. Services exports provided support, nearing merchandise exports. Import dependence, especially from China, remains a concern. … Read More
WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costs
India’s wholesale inflation reached a 38-month peak of 3.9% in March. This surge was fueled by rising costs of crude oil, energy, and manufactured goods. Experts anticipate further increases due to ongoing global tensions. Supply disruptions also contributed to higher … Read More