India Likely to Miss $1 Trillion Export Target as Global Headwinds Persist
India’s ambitious goal of reaching $1 trillion in combined goods and services exports by FY26 now appears increasingly difficult, despite the government’s push for free trade agreements (FTAs). A new assessment by the Global Trade Research Initiative (GTRI) suggests that weak global demand, rising protectionism, and structural challenges in India’s export basket will keep the […]
Rupee Rises Sharply by 65 Paise on Iran-Israel Ceasefire Hopes, Oil Drops Below $70
Pointers Rupee rose by 65 paise to ₹86.13 vs USD in early trade (June 24). Triggered by Trump’s announcement of an Iran-Israel ceasefire. Crude oil prices fell 2.73% to $69.53, reducing import pressure. US dollar index weakened to 98.13, aiding rupee strength. Sensex surged 930 pts, Nifty up 279 pts, boosting market sentiment. The rupee […]