The US has moved to impose tariffs on branded drug imports, aiming to spur domestic manufacturing. But the impact may be limited because key exemptions cover companies investing in US production and imports from countries with trade agreements. Generics are unaffected, leaving Indian exporters of branded medicines needing to reassess the new compliance and pricing rules.
Asia’s rice prices are moving unevenly as India keeps export rates steady despite muted demand. Vietnamese rates edged higher on tighter supplies and rising production costs, while Thailand’s prices also inched up. In Bangladesh, rice remains costly for consumers even after a good harvest, highlighting how supply-side pressures are still feeding prices.
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India’s electronics exports jumped about 24% in the last fiscal year, with smartphones driving nearly a 22% rise. The gains are linked to the government’s production-linked incentive push, while major markets included the US, UAE, and China. The results underline India’s fast-growing clout as a global manufacturing hub for electronics.
Indian engineering exports surged past $10 billion in February 2026, recording double-digit growth despite geopolitical tensions and global economic slowdown. Shipments gained momentum across key destinations, with China emerging as a standout market as volumes doubled. Strong performance was also seen in other major regions including Saudi Arabia and the UK, helping sustain the export rebound.
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