Page 22 of exports

Current account deficit to widen as demand slowdown abroad hits India’s exports; may hit 3.3% of GDP

The possibility of widening exists despite the improvement in trade deficit recently reported by the Reserve Bank of India. India’s…

October 5, 2022 11:24 IST

Piyush Goyal calls meet on Oct 7 to firm up export plans

Deliberations on potential benefits for trade settlement with Russia and others in rupee will likely be a key feature of…

October 5, 2022 04:20 IST

Drop in core exports, import growth stoke fresh demand concerns

According to the preliminary data released by the commerce ministry late on Monday night, overall merchandise exports dropped 3.5% in…

October 5, 2022 02:30 IST

Tractor sales fall 4.6% in August due to erratic rainfall, but exports hold up; festive season respite eyed

The uneven rainfall not only affected the paddy crop production, due to deficient showers, but also other ground and farming…

September 29, 2022 17:21 IST

Foreign trade policy extended by 6 months to March ’23

Merchandise exporters currently get support under a clutch of programmes, including tax remission schemes (RoDTEP and RoSCTL) and interest equalisation…

September 27, 2022 05:05 IST

Exports to UAE get a boost from trade deal, says commerce ministry

The India-UAE Comprehensive Economic Partnership Agreement (CEPA) came into effect from May 1.

September 25, 2022 21:15 IST

With 26,000 MSMEs in fragrance sector, MSME Secy calls for sustainable supply chain to boost local, export demand

Ease of Doing Business for MSMEs: The MSME Ministry currently has a Fragrance & Flavour Development Centre (FFDC) at Kannauj,…

September 22, 2022 17:49 IST

Rice exports may decline by a quarter in FY23

Of 17 mt of non-basmati rice exports last fiscal, broken rice had a share of 20%.

September 21, 2022 01:30 IST

Government actively studying duties levied on steel exports

On May 21, the government hiked the duty on exports of iron ore by up to 50 per cent and…

September 20, 2022 17:26 IST

Govt to soon announce sugar export quota for 2022-23 market year: Food Secretary

In May, the government had allowed exports of 100 lakh tonne of sugar, but later allowed another 12 lakh tonne.

September 19, 2022 14:15 IST

Trade deficit may remain high in near-term; exports outlook weak, RBI’s tightening to slow import growth

According to analysts at Edelweiss Securities, the outlook for exports remains subdued, and the trade deficit may narrow going forward.

September 17, 2022 09:16 IST

"The local rice price have begun to stabilise after the ban on export of broken rice. In some cities, we have also witnessed minor fall in the rates," the official told PTI.

Export ban on broken rice to ease pressure on domestic retail prices: Govt official

Last week, the food ministry said there has been an “absolutely abnormal” rise in shipments of broken rice and that…

September 15, 2022 17:20 IST

trade deficit, trade deficit in August, export, Merchandise exports

Exports barely rise in August, trade deficit remains elevated

The data showed exports in the first five months of this fiscal hit $193.5 billion, up almost 18% from a…

September 15, 2022 02:30 IST

Overall August exports steady but motorcycles under pressure

For the month of August, except for the motorcycle all segments saw healthy growth in exports. The overall exports came…

Updated: September 10, 2022 13:02 IST

India, economy, economy news, Indian economy, rice export, rice export news, rice export duty

India’s rice export curbs trap 1 million tonne at ports as buyers refuse to pay duty

India banned exports of broken rice and imposed a 20% duty on exports of various other types on Thursday as…

Updated: September 9, 2022 20:59 IST

After imposing 20% duty on non-basmati rice, India bans export of broken rice

“Export policy of broken rice …is amended from ‘Free’ to ‘Prohibited’,” the Directorate General of Foreign Trade (DGFT) said in…

Updated: September 9, 2022 11:51 IST

44% jump in software services exports by proprietor/LLP firms in FY22 from previous year: RBI survey

Trade, import and export for MSMEs: Proprietor/LLPs, which are generally MSMEs, accounted for 2.8 per cent of the total software…

September 8, 2022 20:37 IST

Demand slowdown, global uncertainties impacting India’s exports

Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts…

September 7, 2022 11:52 IST

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Ericsson eyes India for 6G, 5G manufacturing, and R&D

Business11 min ago

Ericsson is gearing up for the commercial launch of 6G by 2028-2030, with AI as a key component. India, a top focus market for the company, is expected to play a crucial role in this transition due to its rapid adoption of 5G. Ericsson’s Pune factory, which has scaled up for 5G, now contributes to exports. The company also sees potential in enterprise use cases and IoT applications.

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