Articles for tag: Broader, China, dependency, Exports, Global, Highlighting, Import, Indias, Plummet, Rising, Slowdown, Trade

Market News

India’s exports to China plummet by over 22%, highlighting rising import dependency amid a broader global trade slowdown.

India’s exports to China plummet by over 22%, highlighting rising import dependency amid a broader global trade slowdown.

India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to ...

Market News

Caste inequality in India shapes economic prospects, prompting debates on focusing support for lower castes versus broader poverty alleviation.

Caste inequality in India shapes economic prospects, prompting debates on focusing support for lower castes versus broader poverty alleviation.

Inequality in economies often stems from inherited advantages, not just wealth but also social status. In India, caste plays a significant role in shaping economic opportunities, particularly for those from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC), collectively known as lower castes. While affirmative actions aim to uplift these groups, there ...

Market News

Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.

Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.

Shares of Kitex Garments and Tribhovandas Bhimji Zaveri have reached multi-year highs despite a generally weak Market. Kitex Garments saw its stock surge by 17 percent, hitting Rs 488.80, as strong demand and a significant profit increase boosted investor confidence. The company reported a more than doubling of net profit in the last quarter and ...

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