



The week in charts: Slow export growth, AI summit, renewed CPI basket
Subscribe to enjoy similar stories. From India’s uneven export growth despite a sharp rise in shipments to several countries to the country hosting the first artificial intelligence (AI) summit, new Consumer Price Index (CPI) basket resetting the inflation measurement, merchants reporting higher sales due to the digital payment system, and a gauge of national pride sentiment—here’s a compilation of this week’s news in numbers. India’s exports rose 0.6% year-on-year to $36.6 billion in January 2026, the latest trade figures released on Monday showed.
The nearly flat growth in overall figures is despite a sharp rise in shipments to several top destinations. Among the top 10 export countries, China recorded the sharpest rise of 55.7% in January. The United Arab Emirates, Saudi Arabia, and the Netherlands also saw substantial increases in shipments from January 2025.
Though these countries saw material rise, exports to the US, Bangladesh, Singapore, and the UK fell sharply. The US recorded a 21.8% on-year decline in January—the steepest among key markets—partly due to unfavourable base effects from frontloading last year and the continued impact of high tariffs. Bangladesh saw a decline of 20.2%, while exports to the UK declined 7.9% and to Singapore 3.7%.
India AI Impact Summit 2026, scheduled 16-21 February in New Delhi, is seeing a sea of attendees and participants, including 20 heads of state, 60 ministers, and 500 global AI leaders. The first global AI summit to be hosted in the Global South also saw participation from Google chief executive Sundar Pichai and French President Emmanuel Macron. This is happening against the backdrop of the rapid adoption of AI around the world.
Read on livemint.com