Trade data: India’s exports rise 7.29% to $37.24 billion in July, imports grow 8.6% to $64.59 billion

India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month came in at $27.35 billion.Imports rose 8.6% year-on-year to $64.59 billion in July, PTI reportedCumulatively, in April–July 2025-26, exports grew 3.07% to $149.2 billion, while…

Read More

US wants deeper Pakistan trade ties: Trump administration eyes critical minerals, hydrocarbons; move after ‘massive oil reserves’ pitch

The US government has expressed its eagerness to enhance collaboration with Pakistan. US President Donald Trump’s government is looking to deepen its economic ties with Pakistan at a time when trade deal talks with India remain stalled. The US government has expressed its eagerness to enhance collaboration with Pakistan in the fields of critical minerals…

Read More

Credit-to-deposit ratio in Indian banks stays under 80%; loan growth trails deposits: Report

India’s credit-to-deposit ratio remains under 80% as lending growth continues to trail deposit inflows, according to a report by CareEdge Rating. According to news agency ANI, while both credit offtake and deposits have grown sequentially, the pace is slower than last year, narrowing the gap between the two.The report stated, “Credit to Deposit Ratio Remains…

Read More

Crypto surge: Bitcoin hits record high, smashing past $124,000; Trump policies, Wall Street rally drive rise

Bitcoin surged to a fresh all-time high in early Asian trade on Thursday, crossing $124,000 for the first time, supported by upbeat US market sentiment and policy changes favouring the cryptocurrency sector.According to AFP, the world’s largest digital asset briefly touched $124,500 before easing back, breaking its previous record set in July. The rally came…

Read More