According to a report by Prabhudas Lilladher Capital, India exported $2.6 billion of automobiles and ancillaries to the US in FY24. The export of ancillaries at $2.1 billion was 80% of the category export to the US. A report by Crisil highlighted that the US forms a significant 28% of the auto component exports from India.
Oil prices fall as progress in US-Iran talks eases supply concerns
Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear