-
March 22, 2023 01:35 PM IST “We are expecting modest recessions in Europe, US, but by the second half of the year, the worst of it will start to fade and we should be on a path of recovery when it comes to exports. But there will be a very gradual recovery in exports."
-
March 20, 2023 09:54 AM IST The extension of rules may discourage some Indian refiners, mainly private companies, from buying Russian fuels for re-exports to countries including those in Europe that have stopped purchases of refined products from Russia due to its invasion of Ukraine.
- March 17, 2023 06:23 AM IST
Exports of the grain from India, the world's second biggest producer, surged after Russia's invasion of Ukraine boosted global prices, but a sudden rise in temperatures in March 2022 shrivelled the crop and cut yields, pushing local prices higher.
- March 15, 2023 04:07 PM IST
Merchandise exports dropped by 8.8 percent to $33.88 billion during the month, whereas, imports declined to $51.31 billion.
- March 14, 2023 08:34 PM IST
In May last year, the government had banned exports of wheat to boost domestic availability and control prices In a written reply to Lok Sabha, Union Agriculture Minister Narendra Singh Tomar said, "At present, there is no proposal for lifting restriction on export of wheat before the Department of Agriculture and Farmers Welfare".
- March 13, 2023 06:38 PM IST
The details of the year-wise export of military hardware were provided in the Rajya Sabha by Minister of State for Defence Ajay Bhatt while replying to a question.
- March 07, 2023 05:41 PM IST
We are a very attractive industry for the defence and aerospace sectors because we follow the right systems and processes for defence and aerospace, says Kapur
- March 06, 2023 03:11 PM IST
The country has witnessed indiscriminate imports of low quality in the past, which has increased the trade deficit and has broken the back of our manufacturing, the Union minister said.
- March 06, 2023 02:17 PM IST
Sugar production stood at 35.9 million tonnes in the 2021-22 marketing year.
- March 02, 2023 01:54 PM IST
According to the MSME ministry, the market is getting bigger with the advancement of digital technologies and opening up of more export markets.
- March 01, 2023 02:42 PM IST
The EU is introducing the carbon border adjustment mechanism (CBAM) from October 1 this year. CBAM will translate into a 20-35 per cent tax on select imports into the EU starting January 1, 2026.
- February 22, 2023 08:01 PM IST
Romania said this week it was concerned by signs that neighbouring Ukraine was dredging the canal that slices through a shared, ecologically sensitive coastal region, and asked if it could check the site.
- February 20, 2023 09:11 AM IST
Falling exports and a slack in manufacturing and services drove the weakness in business activity, offsetting improvement in consumption drivers reflected by tax collections and job growth
- February 17, 2023 03:37 PM IST
The government official said that the agreement is helping India to promote its outbound shipments to the UAE.
- February 16, 2023 04:50 PM IST
The outbound shipments rose by 14.6 per cent year-on-year to USD 453.3 billion in 2022.
- February 16, 2023 04:21 PM IST
In January, India's merchandise trade deficit fell to a 12-month low of $17.8 billion, while the services trade surplus surged to an all-time high
- February 16, 2023 11:55 AM IST
Recovery in steel prices and reduction in debt levels are critical to outperformance
- February 15, 2023 05:58 PM IST
Merchandise imports in January also contracted 3.63 percent, the second consecutive month of fall, to $50.66 billion
- February 15, 2023 02:06 PM IST
"In 2021-22, the (seafood) exports figure was worth USD 7.76 billion, which was 17 per cent of our agriculture shipments. We have a target to achieve USD 14 billion by 2025," Union Minister of State for Commerce and Industry Anupriya Patel said.
- February 14, 2023 08:51 AM IST
Given the potential of rogue pharma exporters to kill off Indian pharmaceutical companies’ global potential, pharma exports must be brought under an export control regime of the kind used to regulate WMDs
- February 13, 2023 02:45 PM IST
India's edible oil imports in the first quarter of the 2022/23 marketing year - which started on Nov. 1 - rose 25% from a year ago to around 4.5 million tonnes, dealers said.
- February 11, 2023 09:30 PM IST
The government is taking steps to promote domestic manufacturing and exports of toys from the country and reduce imports from countries like China, which are of low quality.
- February 02, 2023 01:15 PM IST
Federation of Indian Export Organisations (FIEO) President A Sakthivel said that many of the changes in the customs duties will help to provide competitiveness to manufacturing and exports, besides attempting imports substitution.
- January 31, 2023 06:06 PM IST
Past economic cycles have shown that a global slowdown can, with a lag perhaps, have a “knock-on” effect on the domestic capex cycle
- January 30, 2023 06:57 PM IST
Today the demand for aircraft has jumped high. There is no surprise that Air India is looking for more aircraft, says Gupte
