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State of India’s Economy: From agriculture to electricity, 6 key takeaways from RBI report

Domestically, on one hand vehicle sales have been hurt by inflating metal prices; on the other hand wheat production has…

May 18, 2022 15:39 IST

During the TFA negotiations, it was argued that the full implementation of the TFA could reduce trade costs by an average of 14.3% and boost global trade by up to USD 1 trillion per year, with the biggest gains accruing to the poorest countries.

India’s Export Story: Expeditious regulatory clearance coping with the logistics of uncertainty

A set of statistical reports, including the National Time Release Study 2022 (NTRS 2022) presented by the Central Board of…

Updated: May 16, 2022 21:40 IST

Exports up 30.7 pc to USD 40.19 bn in Apr; trade deficit widens to USD 20.11 bn

“After a record performance in the last financial year, the exports continued robust growth in April, 2022 with merchandise exports…

May 13, 2022 15:04 IST

Quality norms for wheat exports coming up amid high global demand

APEDA, in association with IIWBR, will be conducting a series of such interactions in key wheat-growing states such as Punjab,…

May 12, 2022 08:40 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

Telecommunications, computer, and information services, other business services and transport are the top contributors to the exports, it added.

Services exports set a new record of USD 254.4 billion in 2021-22

The exports also hit an all-time monthly high of USD 26.9 billion in March, it said.

May 4, 2022 17:08 IST

Amazon doubles cumulative export target from India to USD 20 billion by 2025

In January 2020, the company had set a target to facilitate export worth USD 10 billion by 2025.

May 4, 2022 15:12 IST

Amazon doubles MSME export target from India to $20 billion by 2025

Trade, import, export for MSMEs: According to Amazon, exporters from India under the global selling programme are on track to…

Updated: May 4, 2022 13:56 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

Exports up 24 pc to USD 38 bn in Apr; trade deficit widens to USD 20 bn

The trade deficit in April 2022 widened to USD 20.07 billion as against USD 15.29 billion in the year-ago period,…

Updated: May 3, 2022 17:56 IST

Data Drive: The changing exports mix

It is worth noting that the share of exports in the GDP has fallen from the FY12 level, but improved…

April 29, 2022 01:15 IST

Need dedicated policy framework for MSMEs’ e-commerce exports in upcoming foreign trade policy: FISME

Trade, import and export for MSMEs: FISME also suggested several short to mid-term measures to address operational inefficiencies faced by MSMEs when…

Updated: April 21, 2022 18:32 IST

Ajay Sahai, director-general of the apex exporters’ body FIEO said, “We are also organising interactions between Russian importers and Indian exporters. This is at an initial stage. One thing that is very clear is that Russia is interested in getting many products from India at this point of time. Lets’ see how the situation pans out.”

Exports to Russia pick up after a stalemate, new orders on the rise

Senior executives with export bodies told FE that they have received “a lot of enquiries” from Russia. This has prompted…

April 21, 2022 05:10 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

India’s sugar exports rise to $4.6 billion in 2021-22

India exported sugar to 121 countries across the globe, the commerce ministry said.

April 18, 2022 21:00 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

Duty free import of raw cotton to push exports of value added textiles: FIEO

The move, he said, will promote exports of apparel and made-ups sectors significantly by softening the prices of yarn and…

April 14, 2022 11:19 IST

The US continued to remain the top export destination for India in FY22, while the UAE regained the second spot that it lost out to China in FY21. Bangladesh and Netherlands were two other key export destinations.

Exports up nearly 20% to $42 billion in March

Commenting on the buoyant growth in services exports, Goyal said his ministry had to revise the targets for FY22 twice…

April 14, 2022 05:30 IST

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CaratLane sees rise in demand for 9-carat gold in gifting

Industry47 min ago

Tata-owned CaratLane sees high demand for 9-carat gold collections, particularly in gifting. Affordable options starting at ₹5,000 now available in retail stores alongside online. Despite gold price hike, success of diamond and lighter gold jewellery maintains growth. Aiming for 20% growth this fiscal and expanding to UK market.

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