Page 15 of export

Defence export needs cohesive policy thrust

Defence export is rising. Indian defence entities secured two mega orders– BrahMoS missile and Artillery Gun Platform. But there requires…

Updated: November 10, 2022 12:35 IST

Domestic factors, including export bans, petrol duty to drive India’s inflation, another 50bps hike likely

With duty and tax cuts on petroleum products and the ban on some food exports, drivers of inflation seem to…

October 16, 2022 10:10 IST

India’s Wholesale inflation at 10.7% in September; remains in double digits for 18 months in a row

The WPI inflation levels have been on a downward trend since the spike witnessed in May when it came in…

Updated: October 15, 2022 23:27 IST

India’s Armenian moment

Armenian defence export is indicative of India being on the side of Armenia in an open manner while an active…

October 11, 2022 15:50 IST

Toy sector pitches for PLI scheme, export council to promote growth

Currently, the Production Linked Incentive (PLI) scheme covers 14 sectors like pharma and white goods, and aims to boost domestic…

September 16, 2022 14:49 IST

Indigenous ‘Tejas’ aircraft doing well in Malaysia’s LCA tender competition

HAL presented its proposal to the Malaysian Ministry of Defence (MINDEF) in October 2021. According to HAL, the two-seat Tejas…

September 12, 2022 15:41 IST

India’s rice exports may fall by 4-5 million tonnes post ban on broken rice, 20 pc duty

India exported 3.89 million tonnes of broken rice in 2021-22 fiscal and out of that China imported 1.58 million tonnes…

September 10, 2022 17:00 IST

exports, manufacturing, india manufacturing exports

$1 trillion exports: These 6 sectors to help India become export powerhouse by FY28

India is expected to scale up its manufacturing exports to $1 trillion by FY28, and much of this growth will…

August 20, 2022 11:08 IST

India’s HAL opens its first overseas office in Malaysia for LCA Tejas

Breaking the barrier, Indian Defence entities are reaching out to the global market. In a first, India’s largest defense public…

Updated: August 18, 2022 16:36 IST

A poorly-stitched incentive Premium Story

The limited use-case of the RoSCTL scrips is hurting India’s textile exporters.

Updated: August 9, 2022 09:54 IST

Exporters of wheat flour, maida need quality certificate for shipments

“Export policy or items — wheat flour, maida, samolina (rava/sirgi), wholemeal atta and resultant atta — remains free but export…

August 8, 2022 22:57 IST

The US and the EU together accounted for 33% (or $141 billion) of India’s exports in FY22. Similarly, exports to Nepal and Sri Lanka were to the tune of $15.4 billion last fiscal and shipments to Egypt and Ethiopia stood at $4.4 billion.

Export growth to falter in FY23 on external headwinds

Sahai said a few markets in Africa, including Ethiopia and Egypt, have started allowing imports only on the basis of…

July 7, 2022 06:30 IST

Stranded ships with over 0.26 MT wheat at Kandla port get nod to depart

Sources said there is around 1 MT of wheat yet to be shipped from Kandla port, as the government is…

May 24, 2022 00:20 IST

razorpay, india, eu, european market, exporting, payment, credit card, debit card, banking, banking payment

Exporting to Europe just became easier with Razorpay!

Razorpay has enabled the payment method Trustly, a favored European payments network that enables its 525 million users to make…

May 20, 2022 17:36 IST

Between April and December 2021, exports of telecommunications, computer and information services stood at $91.95 billion, way above such imports of $10.48 billion.

At $254 billion, services exports hit record in FY22

According to the latest available disaggregated data, telecommunications, computer & information services and other business services were the top contributors…

May 5, 2022 05:15 IST

The shipments were driven by a surge in those of petroleum products, electronics and chemicals, according to the preliminary data released by the commerce ministry on Tuesday.

April exports hit $38.2 billion; 24% growth registered

Moreover, the tangled global supply chains in the aftermath of the Russia-Ukraine war and the consequent surge in international shipping…

May 4, 2022 05:30 IST

Commerce and Industry Minister Piyush Goyal

Weakening our currency detrimental to nation’s interest: Piyush Goyal

He also said it is important for India to expand exports significantly and encourage investments to increase foreign exchange inflows…

April 20, 2022 19:11 IST

Import duty removal on cotton may help bring down prices: Textile Secretary

Currently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC).…

April 14, 2022 20:38 IST

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The man who made Prestige a household name

Business43 min ago

TTK Group, best known for its Prestige pressure cookers, faced a crisis in the 1970s when their products started exploding in kitchens. The solution came in the form of a simple innovation- drilling a hole in the lid to release excess steam. This safety feature, invented by the late TT Jagannathan, helped the company regain trust and become a billion-dollar enterprise.

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