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  • India's merchandise and services exports may dip by 10% in FY21 : Commerce Minister Mar 23, 2021 07:18 PM IST

    India's merchandise and services exports may dip by 10% in FY21 : Commerce Minister

    In the previous financial year of 2019-20, services exports had risen by 4 percent while merchandise exports had shrunk by 4.7 percent.

  • 'Teething troubles' prevent govt from announcing tax refund rates for RoDTEP scheme, says commerce secretary Mar 22, 2021 06:43 PM IST

    'Teething troubles' prevent govt from announcing tax refund rates for RoDTEP scheme, says commerce secretary

    Exporters complain that lack of clarity on tax refund rates under RoDTEP, 18 months after it was announced, continues to affect their business.

  • Macro Minutes Podcast | Supply side challenges holding back export growth : FIEO Director General Ajay Sahai Mar 18, 2021 07:16 PM IST

    Macro Minutes Podcast | Supply side challenges holding back export growth : FIEO Director General Ajay Sahai

    Ajay Sahai takes us through the mixed bag of unprecedented challenges and sudden opportunities facing India's crucial outbound trade in the post Covid-19 era, as the pandemic slowly recedes.

  • EXCLUSIVE | FIEO launches online portal for exporters to request elusive shipping containers Mar 17, 2021 03:49 PM IST

    EXCLUSIVE | FIEO launches online portal for exporters to request elusive shipping containers

    The first ever portal of its kind allows exporters to make public requests for shipping containers which can be taken up by shipping lines and freight forwarders. As a result, it is expected to paint a clearer picture of where containers are needed the most and which exports are caught up.

  • EXCLUSIVE | Sectoral action plan for exports currently in the works Mar 17, 2021 03:11 PM IST

    EXCLUSIVE | Sectoral action plan for exports currently in the works

    It will focus on short-term targets and specific strategies to boost the outbound shipment of certain products in the near term. Right now, India’s share of exports continues to remain high in goods which are less traded and low in goods that are traded more in the world.

  • India's exports during March 1-14 up 17% at $14 billion Mar 16, 2021 02:50 PM IST

    India's exports during March 1-14 up 17% at $14 billion

    Imports during the period increased 27.77 per cent to USD 22.24 billion, leaving a trade deficit of USD 8.02 billion, the data showed.

  • China February exports post record surge from COVID-19-depressed 2020 levels Mar 07, 2021 12:27 PM IST

    China February exports post record surge from COVID-19-depressed 2020 levels

    Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%, the most since October 2018. The data did not include figures for January alone.

  • Indian merchants almost halt exports to Iran as its rupee reserves fall: Report Mar 04, 2021 06:11 PM IST

    Indian merchants almost halt exports to Iran as its rupee reserves fall: Report

    Iran's rupee reserves in India's UCO and IDBI Bank, the two lenders authorised to facilitate rupee trade, have depleted significantly and exporters are not sure whether they would be paid on time for new shipments, the dealer said.

  • 71% of India Inc optimistic about economic recovery in 2021, higher than global average Mar 04, 2021 05:08 PM IST

    71% of India Inc optimistic about economic recovery in 2021, higher than global average

    Among Indian business leaders, 65 percent are expecting a growth in exports in 2021, a Grant Thornton report has stated.

  • Rising global food prices have a silver lining for India Mar 03, 2021 08:34 AM IST

    Rising global food prices have a silver lining for India

    High prices can improve realisations. India can also step up exports of food grains and reduce the inventories in the domestic market

  • Exports drop 0.25% in February after rising for two months, preliminary data show Mar 02, 2021 03:41 PM IST

    Exports drop 0.25% in February after rising for two months, preliminary data show

    However, inbound trade has continued to rise, pushed up by a surge in gold imports. As a result, the trade deficit also climbed up by more than 25 percent to $12.8 billion in February.

  • India's exports dip 0.25% to $27.67 billion in February, trade deficit widens to $12.88 billion Mar 02, 2021 03:09 PM IST

    India's exports dip 0.25% to $27.67 billion in February, trade deficit widens to $12.88 billion

    The trade deficit widened to $12.88 billion in February as compared to $10.16 billion in the year-ago period, the commerce ministry said in a statement.

  • Exports share of GDP reached its lowest in Q3 as sector waits for manufacturing to fully fire up Mar 01, 2021 04:09 PM IST

    Exports share of GDP reached its lowest in Q3 as sector waits for manufacturing to fully fire up

    Analysts and exporters say chances of exports' share of the economy improving in the upcoming fourth quarter remain slim, given the slow recovery in manufacturing, and the liquidity crunch being faced by many exporters in the current quarter.

  • Exclusive | Government feels worst is over for India's exports as non-oil, non-jewellery shipments rise steadily Feb 22, 2021 03:59 PM IST

    Exclusive | Government feels worst is over for India's exports as non-oil, non-jewellery shipments rise steadily

    The Commerce Department has told the Prime Minister's Office that India's exports are safely out of the COVID-19 induced global trade slump, pointing towards exports from categories other than the volatile processed petroleum, gold, diamond and jewellery, according to sources.

  • Exclusive | India reaches out to Biden administration, asks US to restart key annual dialogue Feb 19, 2021 01:46 PM IST

    Exclusive | India reaches out to Biden administration, asks US to restart key annual dialogue

    Keen to restart talks on the proposed India-US limited trade deal, New Delhi's first step towards rapprochement is also intended to break the ice on strategic economic issues that have gone cold over the past 4 years under former US President Donald Trump, senior sources in the know said.

  • India's exports up 6.16% in January, trade deficit narrows to $14.54 billion Feb 15, 2021 06:46 PM IST

    India's exports up 6.16% in January, trade deficit narrows to $14.54 billion

    Exports during April-January this fiscal dipped by 13.58 percent to $228.25 billion, while imports declined by 25.92 percent to $300.26 billion.

  • India exported COVID-19 vaccines worth about Rs 338 crore so far: Piyush Goyal Feb 12, 2021 01:48 PM IST

    India exported COVID-19 vaccines worth about Rs 338 crore so far: Piyush Goyal

    The exports include grant of the vaccine doses to friendly countries and commercial shipments.

  • Gems, jewellery exports dip 7.8% to $2.7 billion in January: GJEPC Feb 11, 2021 09:24 PM IST

    Gems, jewellery exports dip 7.8% to $2.7 billion in January: GJEPC

    Export of cut and polished diamonds (CPD) contracted 23.43 percent to $12.5 billion during April-January this fiscal.

  • India lines up deepwater port for rice, exports to surge amid global shortage Feb 04, 2021 03:00 PM IST

    India lines up deepwater port for rice, exports to surge amid global shortage

    India's rice exports this year could rise to a record 16 million to 17 million tonnes from last year's 14.2 million, B.V. Krishna Rao, president of the Rice Exporters Association of India said.

  • Exports rise 5.37% in January; trade deficit narrows to $14.75 billion Feb 02, 2021 04:09 PM IST

    Exports rise 5.37% in January; trade deficit narrows to $14.75 billion

    The trade deficit during the month narrowed to $14.75 billion from $15.3 billion in January 2020. It was $15.44 billion in December 2020.

  • Economic Survey 2021 | Exports may dip 5.8%, imports by 11.3% in second half of 2020-21 Jan 29, 2021 06:25 PM IST

    Economic Survey 2021 | Exports may dip 5.8%, imports by 11.3% in second half of 2020-21

    With gradual recovery of economic activities, the survey said that imports and exports have picked up.

  • Economic Survey 2021: India has potential to become ‘pharmacy of the world’ Jan 29, 2021 05:49 PM IST

    Economic Survey 2021: India has potential to become ‘pharmacy of the world’

    The Indian pharmaceutical industry, valued at $41 billion, is expected to grow to $65 billion by 2024 and $120-130 billion by 2030, the survey says.

  • Budget 2021 | Finance Commission may recommend PLIs for states to boost agricultural exports: Report Jan 29, 2021 12:14 PM IST

    Budget 2021 | Finance Commission may recommend PLIs for states to boost agricultural exports: Report

    The recommendation would likely be a part of its final report to be tabled in Parliament during the Budget session today

  • India will see tremendous increase in defense exports in next 4-5 years: DRDO chairman G Satheesh Reddy Jan 21, 2021 04:22 PM IST

    India will see tremendous increase in defense exports in next 4-5 years: DRDO chairman G Satheesh Reddy

    DRDO chairman G Satheesh Reddy enlisted a number of measures the government and the DRDO have taken to boost the participation of private defence industry.

  • China 2020 exports up despite virus; surplus surges to $535 billion Jan 14, 2021 10:27 AM IST

    China 2020 exports up despite virus; surplus surges to $535 billion

    Exports rose 3.6 per cent over 2019 to USD 2.6 trillion, an improvement over 2019''s 0.5 per cent gain, customs data showed Thursday. Imports edged down 1.1 per cent to just over USD 2 trillion.

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