India’s major textile commodities exports up despite global uncertainties: Govt

Despite global uncertainties, exports of major textile commodities increased 5.37% to $3.1 billion in July 2025 compared to $2.94 billion in the year-ago period, the government said Wednesday. Despite global uncertainties, India’s textile exports continue to chart a positive growth trajectory, reaffirming the sector’s role as a key driver of employment, exports, and economic growth,”…

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India’s non-smartphone electronics exports cross $14 billion mark in FY24-25

India’s non-smartphone electronics exports have crossed the USD 14 billion mark in FY 2024-25, contributing to an overall electronics export of USD 38.57 billion, a 32.47 per cent jump from the previous year, according to the Electronics and Computer Software Export Promotion Council (ESC). While smartphones remain a key driver of exports, the surge in…

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Indonesia’s central bank surprises with rate cut, raises GDP outlook

JAKARTA, Aug 20 (Reuters) – Indonesia’s central bank cut interest rates again in a surprise move on Wednesday and flagged it could cut some more, as it stepped up support for Southeast Asia’s largest economy against the backdrop of global uncertainties. Bank Indonesia (BI) trimmed the benchmark 7-day reverse repurchase rate (IDCBRR=ECI), opens new tab…

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