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  • Weakening rupee will impact economy but nothing to worry about: FM Jun 30, 2022 02:22 PM IST

    Weakening rupee will impact economy but nothing to worry about: FM

    The minister said the fall in the value of the national currency, which hit a record low of 78.92 against the dollar, is being monitored by the government

  • Govt trying to reinvigorate handicrafts exports but needs ideas from industry: Piyush Goyal Jun 28, 2022 08:53 PM IST

    Govt trying to reinvigorate handicrafts exports but needs ideas from industry: Piyush Goyal

    Goyal said the government wants to open up more exhibition space for handicrafts at existing government premises but is wary of only a few players cornering most of the showroom space either directly or by setting up different entities.

  • Food export bans, from India to Argentina, risk fueling inflation Jun 27, 2022 06:57 AM IST

    Food export bans, from India to Argentina, risk fueling inflation

    In April, Modi had said publicly that the world's most populous democracy was ready to fill part of the gap left by Ukraine in global grains markets by increasing its wheat exports, following five consecutive record harvests.

  • India exported 1.8 million tonnes of wheat to several countries since ban: Food Secy Jun 26, 2022 04:16 PM IST

    India exported 1.8 million tonnes of wheat to several countries since ban: Food Secy

    About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne, he said.

  • India is committed to creating an environment of competition among districts for exports: PM Jun 23, 2022 11:49 AM IST

    India is committed to creating an environment of competition among districts for exports: PM

    Modi said the government will not only set short term but also long term targets for boosting exports. However, unlike previous governments, it will also create detailed roadmaps for individual items to reach that target, achieve zero defect zero effect among manufacturers, and world class packaging of products.

  • Bangladesh tries to secure wheat from Russia as India stops exports: Sources Jun 23, 2022 07:23 AM IST

    Bangladesh tries to secure wheat from Russia as India stops exports: Sources

    The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said.

  • Duty-related measures to slash steel exports from India by 40% in FY23: CRISIL Jun 20, 2022 02:04 PM IST

    Duty-related measures to slash steel exports from India by 40% in FY23: CRISIL

    The export of finished steel had reached a record high of 18.3 million tonnes in the 2021-22 financial year and the prices were at their all-time high, the agency said on Monday.

  • New Zealand economy contracts as exports slump Jun 16, 2022 07:10 AM IST

    New Zealand economy contracts as exports slump

    Production-based output fell by 0.2% in the quarter, Statistics NZ said on Thursday. That was below economists' median expectations of a 0.6% rise and significantly below the 3.0% rise in the December quarter, when the country had benefited from moving out of COVID-related lockdowns.

  • Exports rise 20.55% to $38.94 billion in May; trade deficit at record $24.29 billion Jun 15, 2022 01:26 PM IST

    Exports rise 20.55% to $38.94 billion in May; trade deficit at record $24.29 billion

    Imports during May 2022 grew by 62.83 per cent to USD 63.22 billion, the data showed.

  • India's overall exports in May surged 24% to $62.21 billion Jun 15, 2022 12:52 PM IST

    India's overall exports in May surged 24% to $62.21 billion

    The estimated value of services export for May 2022 is $23.28 billion

  • Joe Biden touts grain silos on Ukraine border to help exports; Kyiv wants ports open Jun 15, 2022 06:34 AM IST

    Joe Biden touts grain silos on Ukraine border to help exports; Kyiv wants ports open

    Since the Russian invasion and blockade of Ukrainian Black Sea ports, grain shipments have stalled and more than 20 million tonnes are stuck in silos. Ukraine says it faces a shortage of silos for a new crop.

  • WTO should allow food exports from public stock to help countries in need: Piyush Goyal Jun 14, 2022 08:06 AM IST

    WTO should allow food exports from public stock to help countries in need: Piyush Goyal

    During an agri intervention in a WTO session, commerce and industry minister Piyush Goyal said that the World Food Programme (WFP) over the last few years has demonstrated its inability to really ramp up supplies to the countries in distress.

  • India, Iran get back to Chabahar port, INSTC route eyeing renewed Russia trade Jun 09, 2022 08:03 PM IST

    India, Iran get back to Chabahar port, INSTC route eyeing renewed Russia trade

    The 7,200-km long International North South Transport Corridor (INSTC) is India's grand plan to cut short the time it takes for trade shipments to reach Russia, Europe and central Asian markets.

  • India's sugar exports at record 8.6 Million tonne till May this year: ISMA Jun 08, 2022 04:52 PM IST

    India's sugar exports at record 8.6 Million tonne till May this year: ISMA

    According to the latest figures issued by industry group ISMA on Wednesday, sugar exports from India , reached a new high of 8.6 million tonne in May of the current marketing year.

  • Centre approves sugar export applications of 62 mills totaling 10 Lakh MT Jun 05, 2022 05:55 PM IST

    Centre approves sugar export applications of 62 mills totaling 10 Lakh MT

    Between June 1-June 3, it received 326 applications from sugar mills and exporters requesting for issuance of Export Release Orders (ERO) for a quantity of 23,10,333 metric tons. These applications were received via the National Single Window System.

  • Trade deficit widens to $23.33 billion, exports up 15.46% to $37.29 billion in May Jun 02, 2022 08:21 PM IST

    Trade deficit widens to $23.33 billion, exports up 15.46% to $37.29 billion in May

    Imports during the month jumped by 56.14 percent YoY to $60.62 billion, the commerce ministry said. The surge was driven by petroleum and crude oil imports, which increased by 91.6 per cent to $18.14 billion.

  • Royal Enfield total dispatches at 63,643 units in May Jun 01, 2022 07:35 PM IST

    Royal Enfield total dispatches at 63,643 units in May

    Domestic sales last month were at 53,525 units as compared to 20,073 units sold a year ago. Royal Enfield said its exports were reported at 10,118 units last month while the same was at 7,221 units in the year-ago period.

  • US backs Russian grain exports amid hunger Jun 01, 2022 06:22 AM IST

    US backs Russian grain exports amid hunger

    Linda Thomas-Greenfield told reporters at UN headquarters that there are no US sanctions on Russian shipments of grain and fertilizer, but she said companies are “a little nervous” and have been holding back.

  • India's sugar exports to grow up to 10 million tonnes in SS22 on lower output in Brazil: Report May 30, 2022 07:13 PM IST

    India's sugar exports to grow up to 10 million tonnes in SS22 on lower output in Brazil: Report

    According to a report, sugar exports in the country are likely to climb to roughly 9-10 million tonnes in the sugar season 2022, which begins in October, following lower production in Brazil due to severe weather conditions.

  • Indian sugar prices could remain firm despite curbs on exports: Trade May 26, 2022 02:40 PM IST

    Indian sugar prices could remain firm despite curbs on exports: Trade

    Higher local prices will keep margins intact of sugar makers such as Balrampur Chini, Shree Renuka Sugars, Dalmia Bharat Sugar and Dwarikesh Sugar and help them in making cane payments on time to farmers.

  • Feed the world? India has a chapati crisis brewing at home May 26, 2022 01:48 PM IST

    Feed the world? India has a chapati crisis brewing at home

    Had India not closed its markets, the country might have faced a shortage of chapatis. People, rich or poor, don’t consume wheat; they buy flour to make chapatis

  • Sugar stocks extend fall after government restricts exports May 25, 2022 11:20 AM IST

    Sugar stocks extend fall after government restricts exports

    Analysts, however, say that 10 MT volume is a “fairly large cap” and will “help mills to export maximum amount and keep the bare minimum in the country."

  • Drone manufacturers upset over long authorisation process for exports May 24, 2022 04:56 PM IST

    Drone manufacturers upset over long authorisation process for exports

    Industry stakeholders raised the issue during a recent meeting with Minister of Civil Aviation Jyotiraditya Scindia

  • Exports rises 21% to $23.7 billion during May 1-21 May 24, 2022 01:33 PM IST

    Exports rises 21% to $23.7 billion during May 1-21

    During the second week of this month (May 15-21), the exports grew by about 24 percent to USD 8.03 billion, the official added.

  • Ukraine rules out territorial concessions, as Russia steps up attacks May 23, 2022 10:31 AM IST

    Ukraine rules out territorial concessions, as Russia steps up attacks

    Air raid sirens blared across Ukraine on Monday morning, sounding the daily alarm ahead of anticipated attacks by Russian forces in the east and south of the country.

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