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  • 3-Point Analysis | Exports on the rise after 6 straight months of contraction, will this trend sustain? Oct 16, 2020 01:13 PM IST

    3-Point Analysis | Exports on the rise after 6 straight months of contraction, will this trend sustain?

    The trade deficit has also gone down from $11.67 billion in September 2019 and $6.77 billion in August 2020.

  • India's exports rise 6% to $27.58 billion in September Oct 15, 2020 07:19 PM IST

    India's exports rise 6% to $27.58 billion in September

    The country's imports declined 19.6 percent to $30.31 billion in September.

  • India should resist misleading allure of domestic market; boost exports: Research paper Oct 14, 2020 07:47 PM IST

    India should resist misleading allure of domestic market; boost exports: Research paper

    The paper, jointly authored by Subramanian and Pennsylvania State University professor Shoumitro Chatterjee, said India is turning inward, domestic demand is assuming primacy over export orientation and trade restrictions are increasing, reversing a three-decade trend.

  • ‘Aatmanirbharta’ over export-orientation is ‘akin to killing the goose that lays the golden egg’: Arvind Subramanian Oct 14, 2020 05:07 PM IST

    ‘Aatmanirbharta’ over export-orientation is ‘akin to killing the goose that lays the golden egg’: Arvind Subramanian

    In a research paper, former CEA argues that the Indian domestic market is still quite small, and is likely to remain so over the medium-term, since domestic demand will be weighed down by heavy debts across the economic horizon—in firms, households, and the government.

  • Thai food companies tap into faux-meat boom, plan to expand overseas: Report Oct 14, 2020 02:50 PM IST

    Thai food companies tap into faux-meat boom, plan to expand overseas: Report

    So popular is turning jackfruit into mock pork that the company’s initial public offering on October 9 rang in around $51.4 million, and doubled stock in intra-day trade on the debut day itself.

  • Exclusive | At a recent WTO meet, member countries pulled each other up over rising protectionism in domestic trade Oct 09, 2020 01:58 PM IST

    Exclusive | At a recent WTO meet, member countries pulled each other up over rising protectionism in domestic trade

    The US was also pulled up by India, along with countries like EU, New Zealand and others, who questioned the US on subsidies that it provides to its farmers. These countries pointed out that the total quantum of support provided by US breaches the WTO ceiling for US on agricultural products

  • India's exports snap six-month losing streak, rise 5.27% in September Oct 01, 2020 10:48 PM IST

    India's exports snap six-month losing streak, rise 5.27% in September

    Goyal said this is an indicator of the "rapid recovery" of the Indian economy as it surpasses pre-COVID-19 levels across parameters.

  • Indian steelmakers turn net exporters to China in April-August: CRISIL Sep 21, 2020 05:35 PM IST

    Indian steelmakers turn net exporters to China in April-August: CRISIL

    With 69 percent of semi-finished steel and 28 percent of finished steel heading there between April and August, India turned net exporter of steel to China for the first time in several years, the rating agency said.

  • Centre plans to scan large export companies that try to dodge cap on MEIS claims Sep 16, 2020 02:25 PM IST

    Centre plans to scan large export companies that try to dodge cap on MEIS claims

    Earlier this month, the government capped export incentives under the MEIS at Rs 2 crore per exporter on outbound shipments made during the period from September 1 to December 31, 2020

  • Sharad Pawar urges Centre to rethink ban on export of onions Sep 15, 2020 03:21 PM IST

    Sharad Pawar urges Centre to rethink ban on export of onions

    The NCP chief told the minister that the export ban will "hurt" India's image as a "reliable" supplier of the commodity in the international market.

  • Sugar exports likely to make up for shortfall in domestic demand: Report Aug 19, 2020 07:15 PM IST

    Sugar exports likely to make up for shortfall in domestic demand: Report

    Industrial demand for sugar, which accounts for 60 percent of the total domestic consumption, is expected to fall 8-9 percent in this sugar season (SS) due to hotels, restaurants and cafes remaining shut and people avoiding crowded places, CRISIL Research said in its report.

  • India prepares roadmap to promote defence exports using diplomatic channels Aug 17, 2020 03:15 PM IST

    India prepares roadmap to promote defence exports using diplomatic channels

    Defence Minister Rajnath Singh earlier this month had unveiled a major policy decision, announcing imposition of a phase-wise ban on import of 101 military platforms and weapons systems with an aim to promote the domestic defence industry.

  • India's seafood exports pegged at 12,89,651 MT in FY20 Aug 17, 2020 02:45 PM IST

    India's seafood exports pegged at 12,89,651 MT in FY20

    Frozen shrimp remained the major export item in terms of quantity and value followed by frozen fish while the USA and China turned out to be the major importers of India's seafood.

  • Balance of payments to be 'very, very strong' this year: Piyush Goyal Aug 10, 2020 04:51 PM IST

    Balance of payments to be 'very, very strong' this year: Piyush Goyal

    He said that "good" green shoots are visible in the economy and exports have shown a "good" turnaround.

  • India's July exports reach almost last year's level, says Piyush Goyal Aug 04, 2020 01:30 PM IST

    India's July exports reach almost last year's level, says Piyush Goyal

    The minister added that the country "today is in a mood" to not only bring back economic activity but also become self-reliant, improve the quality and competitive pricing of products.

  • Revenue department asks commerce ministry to review coverage of export incentive scheme MEIS Jul 29, 2020 07:03 PM IST

    Revenue department asks commerce ministry to review coverage of export incentive scheme MEIS

    The idea of reviewing the MEIS has been to use resource optimally and in a targeted way.

  • Indian rice exports slow as coronavirus disrupts supply chain Jul 27, 2020 03:45 PM IST

    Indian rice exports slow as coronavirus disrupts supply chain

    Slowing shipments from the world's biggest rice exporter could allow rivals like Thailand and Vietnam to raise supplies in the short term, and also carries the potential to push up global prices.

  • India's exporters rue new red tape requirements from government Jul 24, 2020 05:20 PM IST

    India's exporters rue new red tape requirements from government

    New Delhi said in June it had identified thousands of exporters that had claimed tax rebates based on bogus invoices and would require them to submit receipts before issuing refunds.

  • Exporters tap rail route to send over 9,000 tn of spices to Bangladesh amid lockdown Jul 19, 2020 05:35 PM IST

    Exporters tap rail route to send over 9,000 tn of spices to Bangladesh amid lockdown

    Bangladesh is one of the leading export destinations for Indian spices and accounts for about 9 percent in volume terms and 5 percent in value terms of India's total spice exports.

  • India's exports fall 12.41%, imports by 47.5% in June Jul 15, 2020 06:34 PM IST

    India's exports fall 12.41%, imports by 47.5% in June

    During April-June 2020, exports fell by 36.71 per cent to $51.32 billion, while imports shrank by 52.43 per cent to $60.44 billion.

  • China June exports unexpectedly rise 0.5% year-on-year, imports up 2.7% Jul 14, 2020 09:22 AM IST

    China June exports unexpectedly rise 0.5% year-on-year, imports up 2.7%

    Analysts in a Reuters poll had forecast exports would fall 1.5% from a year earlier after a 3.3% drop in May.

  • India's exports may decline by around 10% in FY21, says FIEO Jun 25, 2020 05:24 PM IST

    India's exports may decline by around 10% in FY21, says FIEO

    It expects export recovery to be led by pharmaceuticals, medical and diagnostic equipment, technical textiles, agriculture and processed foods, plastics, chemicals and electronics

  • Chart of the Day | How we fed the dragon Jun 24, 2020 09:25 AM IST

    Chart of the Day | How we fed the dragon

    China’s share in our total imports was at an all-time high in 2015-16

  • Piyush Goyal on exports | Have reached nearly 90% of last year levels in June so far Jun 22, 2020 03:20 PM IST

    Piyush Goyal on exports | Have reached nearly 90% of last year levels in June so far

    At a CII function, Piyush Goyal said, exports until mid-June have reached nearly 88-90 percent of the level that we had in June 2019

  • Exports improving, down by 36% in May: Commerce and Industry Minister Piyush Goyal Jun 11, 2020 08:38 PM IST

    Exports improving, down by 36% in May: Commerce and Industry Minister Piyush Goyal

    The minister added that the country's non-oil exports, excluding POL (petroleum oil and lubricant) exports, were down only 30 percent. He said these figures provide confidence that the country is poised for a turnaround.

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