Thursday, July 10, 2025

Creating liberating content

When it comes to elephant volunteering, Thailand’s Elephant Nature Park

Antioxidant power: Every drink above has antioxidants in different forms

Related News

“You have to remain active, sit down, and just do nothing that is bad for your health,” Dr Mahathir told The Straits Times. The advice may sound simple, but the

When it comes to elephant volunteering, Thailand’s Elephant Nature Park is one of the best places to start with. Located near Chiang Mai, this sanctuary rescues elephants from logging camps,

Antioxidant power: Every drink above has antioxidants in different forms – green tea, barley tea, fruit bioflavonoids, which help reduce oxidative stress, a major cause of ageing. Gut-health support: Many

In a move aimed at boosting low-cost fundraising for the renewable energy sector, the central government has accorded tax-saving status to bonds issued by the Indian Renewable Energy Development Agency

Oil India Ltd, entered in a long term agreement with Gail, under which it would be selling natural gas from its Rajasthan field for the next 15 years. The deal

On July 10, 2025, the sacred full moon of Ashadha, celebrated as Guru Purnima, offers a special moment to reflect on the role of a Guru in one’s life. In

Trending News

Oil India Ltd, entered in a long term agreement with Gail, under which it would be selling natural gas from its Rajasthan field for the next 15 years. The deal

India had previously suggested retaliatory tariffs against US automotive duties last week. (AI image) Amidst ongoing trade deal talks, India has proposed retaliatory tariffs on Wednesday against the United States

Asian stock markets mostly advanced on Thursday, supported by hopes that global leaders will reach agreements to ease the impact of US President Donald Trump’s new wave of tariffs. Despite

Bitcoin surged to a new all-time high on Wednesday, driven by growing investor appetite and strong institutional demand as more traditional financial firms adopt the cryptocurrency.Bitcoin touched $111,988.90 before settling

MUMBAI: Another large-size IPO is being planned in the current year. Prudential Corp of UK, the joint venture partner of ICICI Bank in ICICI Prudential Asset Management, is selling 10%

Image used for representative purposes NEW DELHI: Manipal Hospitals announced on Wednesday that it signed definitive agreements to acquire Sahyadri Hospitals from Ontario Teachers’ Pension Plan (Ontario Teachers’), a global

India strengthens economic ties with G7: Boost in high-tech, pharma exports; Canada is only exception

Word Count: 638 | Estimated Reading Time: 4 minutes


India strengthens economic ties with G7: Boost in high-tech, pharma exports; Canada is only exception

India’s trade relations with the G7 countries have seen robust growth, with deepening economic engagement across key sectors, according to a new report by data science firm Rubix.The G7, comprising the US, UK, Germany, France, Italy, Canada and Japan has emerged as a major trade bloc for India. Except for Canada, all G7 countries now rank among India’s top 30 trade destinations, highlighting a strong and diversified export-import partnership.In FY25, India’s total exports to the G7 stood at $138 billion, marking a 13%compound annual growth rate (CAGR) since FY21. Imports from the group touched $110 billion, rising at a CAGR of 12% during the same period, according to the report as quoted by news agency ANI.Overall, India’s total trade (exports plus imports) with G7 nations reached $248 billion in FY25, growing at a 13 per cent CAGR over the last four years.India also maintained a healthy trade surplus of $28 billion with the G7 in FY25, up by 16 per cent CAGR from FY21. The country enjoys a trade surplus with four members of the bloc- the US, UK, France, and Italy.The share of India’s goods exports to G7 countries increased from 29% in FY20 to 31 % in FY25. Meanwhile, imports from the group have declined from 18 % to 15 % during the same period.Sector-wise, telecom transmission equipment, including mobile phones, and pharmaceuticals emerged as key export items. These sectors contribute significantly to India’s trade basket, accounting for 5-16% and 7-12% respectively. Notably, India’s mobile phone exports soared 55% in FY25, reaching $24 billion, with smartphones leading exports to several G7 countries.India’s pharmaceutical sector also plays a crucial role, supplying over 50% of the global vaccine demand, 40% of the US’s generic drug requirements, and 25% of total medicine consumption in the UK.





Source link

Sign In

Welcome ! Log into Your Account