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  • India's rice exports surge to record high in 2017/18 Apr 27, 2018 03:36 PM IST

    India's rice exports surge to record high in 2017/18

    The country's buffalo meat exports in the year ended March 31 rose nearly 2 percent to 1.35 million tonnes on upbeat demand from Vietnam, Malaysia and Egypt, the Agricultural and Processed Food Products Export Development Authority said.

  • Gems and jewellery exports dip by 8.67% in FY18 Apr 26, 2018 06:02 PM IST

    Gems and jewellery exports dip by 8.67% in FY18

    The exports stood at Rs 2,89,207.47 crore in 2016-17, according to data by the Gem and Jewellery Export Promotion Council (GJEPC) of India.

  • Complex GST-related regulations spook EOU, SEZ exporters Apr 25, 2018 06:56 PM IST

    Complex GST-related regulations spook EOU, SEZ exporters

    Exporters want the IT backbone GSTN to be linked with the National Securities Depository Ltd (NSDL) portal for smooth facilitation of the tax refunds

  • Sugar millers need more incentives for viable exports: Report Apr 23, 2018 06:02 PM IST

    Sugar millers need more incentives for viable exports: Report

    The government last month allowed export of 2 million tonnes of sugar under the MIEQ scheme for the 2017-18 marketing year, in order to clear surplus stocks and improve cash flow to millers for making payment to sugarcane farmers.

  • India's spices exports rise 20% in April-December 2017 Apr 23, 2018 05:00 PM IST

    India's spices exports rise 20% in April-December 2017

    During the corresponding period in 2016, 6.63 lakh tonnes valued at Rs 12,607.46 crore was exported, a Spices board press release said. In Dollar terms,spices exports were pegged at US$ 2041.23 million as compared to US$ 1880.02 million, notching an increase of nine percent in value.

  • India exports record 3.95 lakh tonnes of coffee in FY18 Apr 19, 2018 03:30 PM IST

    India exports record 3.95 lakh tonnes of coffee in FY18

    "The coffee exports were at all-time high in FY 2017-18 because of increased shipments of value-added products, especially instant coffee," a senior board official told PTI.

  • Working on different areas to boost exports: Suresh Prabhu Apr 17, 2018 03:12 PM IST

    Working on different areas to boost exports: Suresh Prabhu

    The commerce and industry minister is visiting Africa at the end of the month to discuss trade and investment opportunities with businesses and leaders of 12 countries.

  • India's exports dip 0.66% in March; up 9.78% in 2017-18 Apr 13, 2018 06:19 PM IST

    India's exports dip 0.66% in March; up 9.78% in 2017-18

    Exports aggregated at USD 302.84 billion in 2017-18 as compared to USD 275.85 billion in the previous fiscal.

  • China bans exports of dual use items to North Korea Apr 09, 2018 02:42 PM IST

    China bans exports of dual use items to North Korea

    The list of items, which include radiation monitoring equipment and software that can be used to model fluid dynamics or neutrons, is in line with a UN Security Council resolution adopted in September to curb North Korea's ballistic missile and nuclear programmes.

  • India to provide incentives for chickpea exports Mar 22, 2018 07:46 PM IST

    India to provide incentives for chickpea exports

    Exporters will get a 7 percent incentive of the value of the shipment, the government said in its order.

  • Govt to promote 12 champion service sectors to boost exports Mar 22, 2018 03:32 PM IST

    Govt to promote 12 champion service sectors to boost exports

    "In last few months, we are seeing exports registering growth. We are targeting to ensure that exports are not only traditional products, but new products are also added to the basket. We are focusing on services and have identified 12 services as 'Champion Services'," Prabhu said after inaugurating CapIndia event here.

  • India's net exports not doing well: Bibek Debroy Mar 19, 2018 10:05 PM IST

    India's net exports not doing well: Bibek Debroy

    Debroy further highlighted that India is facing a dilemma from the point of view of pushing exports, as exporters would like exchange rate to depreciate, however exchange rate might not depreciate as much as exporters want because of capital inflows.

  • Stable trade policy needed to boost agriculture exports: Draft policy Mar 19, 2018 07:18 PM IST

    Stable trade policy needed to boost agriculture exports: Draft policy

    The draft policy has also pitched for greater involvement of states, improvement in infrastructure and logistics and promotion of R&D activities for new product development for the upcoming markets.

  • India exports 8.22 MT finished steel during April-January FY18 Mar 19, 2018 04:50 PM IST

    India exports 8.22 MT finished steel during April-January FY18

    As against exports, the imports were lower at 6.45 MT during the said period, Minister of State for Steel Vishnu Deo Sai said in a reply to the Lok Sabha.

  • India's April-January non-basmati rice exports jump 34% Mar 14, 2018 12:33 PM IST

    India's April-January non-basmati rice exports jump 34%

    The country's buffalo meat exports during the period rose 7.2 percent from a year ago to 1.16 million tonnes on good demand from Vietnam, Malaysia and Egypt, the Agricultural and Processed Food Products Export Development Authority said in a statement.

  • Will prepare plan on air cargo support to boost agri exports: Suresh Prabhu Mar 13, 2018 01:59 PM IST

    Will prepare plan on air cargo support to boost agri exports: Suresh Prabhu

    The commerce and industry minister, who also holds additional charge of the civil aviation ministry, said that draft policy to increase agricultural exports is ready and is being circulated for inter-ministerial views.

  • Steel, aluminum tariffs by US to impact India's engineering exports: EEPC Mar 09, 2018 02:43 PM IST

    Steel, aluminum tariffs by US to impact India's engineering exports: EEPC

    Engineering Export Promotion Council (EEPC) Chairman Ravi Sehgal said protectionist measures taken by countries like the US would provoke other regions such as Europe and China into taking retaliatory steps, which would further dent exports from India.

  • China February exports jump 44.5%, strongest in 3 years, imports up 6.3% Mar 08, 2018 12:45 PM IST

    China February exports jump 44.5%, strongest in 3 years, imports up 6.3%

    Trade tensions have jumped to the top of the list of risks facing China this year, with proposed U.S. tariffs on steel and aluminium imports suggesting more measures may be on the way, Zhou Hao, senior emerging markets economist at Commerzbank, told the Reuters Global Markets Forum this week.

  • PNB scam fallout: Jewellery apex body likely to cancel memberships of Nirav Modi, Mehul Choksi Mar 07, 2018 09:20 PM IST

    PNB scam fallout: Jewellery apex body likely to cancel memberships of Nirav Modi, Mehul Choksi

    A showcause notice has been issued to the duo.

  • Commodities@Moneycontrol: Sugar export duty likely to be scraped Mar 07, 2018 06:03 PM IST

    Commodities@Moneycontrol: Sugar export duty likely to be scraped

    Domestic consumption is estimated at 26 million tonnes, and markets are betting on 1.5 million tonnes of exports in the next 6-7 months.

  • US duty hike: Larger repercussions for Indian steel industry Mar 06, 2018 05:19 PM IST

    US duty hike: Larger repercussions for Indian steel industry

    While the immediate impact may be limited, a rise in competition in export markets could lead to increased supply & price cuts domestically.

  • Exports up 9 percent in January; trade deficit widens to over 3-year high Feb 15, 2018 08:01 PM IST

    Exports up 9 percent in January; trade deficit widens to over 3-year high

    The country's trade deficit — the difference between imports and exports — had touched the figure of USD 16.86 billion in November 2014.

  • India's tea exports touch record 240.7 mkgs in 2017 Feb 07, 2018 12:05 PM IST

    India's tea exports touch record 240.7 mkgs in 2017

    The previous record was in 1981 when exports had reached 241.25 million kilograms. As compared to 2016, exports in the following year was 8.20 per cent higher by 18.23 million kilograms, Tea Board said, adding that the value of exports was Rs 4731.66 crore, which was an increase of 5.90 per cent over the previous year.

  • India likely to continue sugar exports in 2018-2019 season Feb 06, 2018 11:25 AM IST

    India likely to continue sugar exports in 2018-2019 season

    "The exportable quantity will be best understood around July 2018," Verma said at the Dubai Sugar Conference.

  • Govt hikes duty drawback rates on 102 items to boost exports Jan 25, 2018 09:51 PM IST

    Govt hikes duty drawback rates on 102 items to boost exports

    FIEO Director General Ajay Sahai said duty drawback by and large has been enhanced in most of the items except for chemical items where there is some reduction.

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