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June 17, 2025

2010-23: India exports show steady growth

India's export trajectory from 2010 to 2023 has shown a consistent and steady upward trend, reflecting the resilience and dynamism of its trade sector, an official said on Tuesday.Citing an UNCTAD report, the official said that over the period from 2010 to 2023, India has been one of the fastest-growing major economies in terms of its share of global exports, achieving a growth rate of 6.3 per cent."This rate of growth is the highest among all major economies as reported by UNCTAD key statistics and trends in international trade 2024," the official added. This performance stands out even more when compared to other leading economies such as the European Union, China, and the US, which recorded lower export share growth rates of 3.9 per cent, 6.1 per cent, and 3.9 per cent respectively dur

June 17, 2025

Can equities sustain their rebound amidst ongoing Middle East conflict?

Mumbai: Indian equities rebounded on Monday after two straight days of losses, mirroring gains in other Asian markets, which shrugged off worries about the ongoing Iran-Israel conflict and higher oil prices.NSE's Nifty rose 227.9 points, or 0.9%, to close at 24,946. BSE's Sensex rose 677.5 points, or 0.8%, to end at 81,796. Both indices fell 1.7% in the previous two trading sessions after tensions in the Middle East escalated after Israel had launched unprecedented strikes on Iran, sending global oil prices soaring.Elsewhere in Asia, Japan was up 1.3%, China advanced 0.35%, Hong Kong rose 0.7%, and South Korea gained 1.8%. Taiwan dropped 0.1%. 121895635"Global markets have brushed aside their concerns about the Iran-Israel conflict for now because the US is expected to step in in the next

June 17, 2025

Boeing doesn't expect any big assets sales now

Boeing is not planning any more big asset sales at this time, Chris Raymond, the head of its global services business, said at the Paris Airshow on Tuesday. Battling to recover from a series of crises, CEO Kelly Ortberg has been selling non-core assets to reduce Boeing's debt. In April, the U.S. planemaker struck a deal in April to sell parts of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.

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