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Decoding Economics: Will China’s 'overcapacity' lead to a flood of exports, hurting other countries?
Money Control
·
11m ago
Medial
Production in China is facing overcapacity, leading to concerns of low-cost exports flooding global markets and negatively impacting other countries' businesses. The excess production is expected to be a result of weak domestic demand in China. The geopolitical tensions between the US and China add another layer of complexity to the situation, with the US and its allies viewing China as a potential threat to their global dominance.
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Indian textile exporters halt US orders amid doubled tariff impact
Economic Times
·
23d ago
Medial
Indian textile and apparel exporters halted production of U.S. orders after U.S. tariffs were doubled to 50%, reducing India's competitiveness against countries like Bangladesh and Vietnam. Affected areas include Tiruppur, Noida, and Surat. This decision is expected to lead to increased unemployment in labor-intensive sectors and a decline in exports for 30-40 days while India negotiates favorable trade terms with the U.S. Textile exports to the U.S. had previously declined in 2025.
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MBA graduate quits Singapore job to become a millet entrepreneur
Inshorts
·
1y ago
Medial
Krishnaa Kantthawala quit her job in Singapore to set up a healthy food business. She launched her Smart Eleven brand in 2021 and now exports millet noodles, pasta, and other products to five countries besides selling them in the Indian market. Smart Eleven clocks Rs 1.5 crore in annual revenues, of which 60 percent comes from exports
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Nvidia’s supply snags hurting deliveries but mask booming demand
Livemint
·
9m ago
Medial
Nvidia's revenue forecast disappointed Wall Street, leading to concerns about the AI boom's trajectory. However, Nvidia executives, analysts, and investors remain confident that demand for the company's superior chips for AI systems is still high. Nvidia's new flagship chip, Blackwell, faced production challenges due to a design flaw, impacting chip yields and production timelines. Despite these setbacks, Nvidia has shipped thousands of samples of the new chip and expects strong sales. However, supply constraints and production bottlenecks may lead to challenges in meeting demand.
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'Impact of relative tariffs, elasticities of our export...': RBI on effect of US tariff hikes
Business Today
·
4m ago
Medial
The Reserve Bank of India (RBI) highlights concerns about the impact of U.S. tariff hikes on India's exports, potentially affecting domestic demand and economic conditions. The protectionist measures could reduce demand for Indian goods in U.S. markets, impacting sectors like textiles. RBI suggests strengthening trade links with other countries, enhancing productivity, and reducing production costs to counter these effects. Consistent services exports and remittance inflows provide a vital buffer for India's current account.
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US 50% tariffs hit India today: Which sectors will suffer the most?
Economic Times
·
3d ago
Medial
The US has imposed 50% tariffs on Indian imports, effective today, impacting mainly labour-intensive sectors. This move could significantly affect India's trade dynamics with the US, with a focus on how it stands against its competitors. Key concerns include evaluation of India's top exports and the broader economic implications for both countries. The tariffs may lead to increased challenges within affected sectors, altering trade relations and impacting economic strategies.
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Tyre industry accelerating towards $5 billion tyre exports
Thehindubusinessline
·
1y ago
Medial
The Indian tyre industry aims to increase its exports to $5 billion-plus by 2030 and be among the world's top-3 tyre hubs, according to Anshuman Singhania, Chairman of the Automotive Tyre Manufacturers Association. Indian tyre exports have nearly doubled in the last four years, with tyres from India being exported to over 170 countries. The US is the largest market for Indian tyres, accounting for almost 25% of total exports. Singhania also stated that Free Trade Agreements with significant importing countries could aid in boosting exports further.
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Tech firms to showcase AI innovations in a China under US sanctions - The Economic Times
Economic Times
·
1m ago
Medial
Over 800 tech firms, including Chinese giants like Huawei and Alibaba and global companies like Tesla and Amazon, will gather in Shanghai for the World AI Conference, highlighting China's AI ambitions amid U.S. sanctions. Premier Li Qiang will address the event, underscoring China's goal to lead the AI race by 2030. The conference showcases China’s commitment to AI and self-sufficiency as it faces technological competition from the U.S.
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India's exports to US up 16.9c pc, imports dip 5.76 pc in May
Economic Times
·
2m ago
Medial
India's merchandise exports to the US increased by 16.93% to $8.83 billion in May, while imports decreased by 5.76% to $3.62 billion, as per commerce ministry data. During April-May, exports rose by 21.78% to $17.25 billion, and imports increased by 25.8% to $8.87 billion. The US was India's second-largest trading partner in this period, with significant changes in trade volumes with China, UAE, and other countries.
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China opens an antitrust investigation into Nvidia
The Verge
·
29d ago
Medial
China has launched an antitrust investigation into Nvidia over claims related to its 2020 acquisition of Mellanox. The investigation alleges Nvidia did not comply with conditions set by China during the acquisition approval, specifically regarding sharing new Mellanox product information. Concurrently, the U.S. Justice Department is also probing Nvidia for potential monopolistic practices. This comes amid geopolitical tensions, with the U.S. imposing sanctions on China’s chipmaking sector and China restricting key mineral exports in retaliation.
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India can fill gap left by China in Japan's garment market: AEPC
Economic Times
·
1m ago
Medial
India can potentially replace China as the leading garment exporter to Japan, according to the Apparel Export Promotion Council (AEPC). A delegation will visit Tokyo to boost exports and attract investments by engaging with Japanese brands at the India Tex Trend Fair. India's garment exports to Japan are worth USD 234.5 million. The AEPC believes India can meet Japanese sourcing demands effectively, leveraging the free trade agreement between the countries for greater market penetration.
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