IBT Business Desk

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Experts call for incentives to fishermen for adopting sustainable practices

Centre allocated Rs 3,490 crore for fishing harbours to promote exports

The Centre has allocated Rs 3,490 crore as financial assistance to the states, Union Territories, and implementing agencies for the construction of fishing harbours, fish landing centres, and modernisation and maintenance dredging of existing fishing harbours to promote seafood exports which have doubled to Rs. 60,523.89 crore in the last 10 years, the Parliament was informed on Tuesday. Mar 18, 2025
India's trade deficit dips to 3-year low of $14.05 billion in February

India's trade deficit dips to 3-year low of $14.05 billion in February

India's merchandise trade deficit narrowed to an over 3-year low at $14.05 billion in February from $22.99 billion in January as exports held steady during the month while imports declined, according to the latest data compiled by the Ministry of Commerce and Industry. Mar 17, 2025
WPI inflation at 2.38 pc in Feb

WPI inflation at 2.38 pc in Feb

The annual rate of inflation based on the Wholesale Price Index (WPI) is 2.38 per cent for the month of February, according to data released by the Ministry of Commerce and Industry on Monday. Mar 17, 2025
Impact of US tariffs on India minimal as country diversifies exports kitty: SBI report

India diversifies exports kitty, impact of US tariffs minimal: SBI report

The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawing new supply chain algorithms, a new SBI Research report said on Monday. Mar 17, 2025
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