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  • Walmart plans to increase exports from India to $10 billion by 2027 Dec 10, 2020 06:30 PM IST

    Walmart plans to increase exports from India to $10 billion by 2027

    In order to accelerate exports from India, Walmart said it will strengthen the development of the supply chain ecosystem in the country, both by boosting existing exporters and by expanding the nation's pool of export-ready businesses.

  • Interview | Exports may drop almost 12% this year: FIEO President Sharad Saraf Dec 08, 2020 01:23 PM IST

    Interview | Exports may drop almost 12% this year: FIEO President Sharad Saraf

    India-US trade would certainly improve because President Trump was more protectionist while Biden is not. So it will definitely come to our advantage. Our trade will improve clearly under the Biden dispensation, FIEO President Sharad Saraf said.

  • China trade surplus hits record $75 billion as November exports soar Dec 07, 2020 12:26 PM IST

    China trade surplus hits record $75 billion as November exports soar

    Total exports rose to $268 billion, up from October’s 11.4 percent growth.

  • Production Linked Scheme | The objectives and objections  Nov 17, 2020 09:56 AM IST

    Production Linked Scheme | The objectives and objections 

    The PLI scheme, when read in conjunction with the government's earlier announcement on reducing corporate tax, offers an attractive proposition for capital-rich companies to invest and set up capacities in India

  • India's exports dip 5.12% in October; trade deficit narrows to $8.71 billion Nov 13, 2020 07:11 PM IST

    India's exports dip 5.12% in October; trade deficit narrows to $8.71 billion

    During April-October 2020, exports declined 19.02 percent to $150.14 billion, while imports fell 36.28 percent to $182.29 billion over the same period a year ago.

  • Centre looks to boost export credit disbursal through Rs 8,000 crore insurance scheme Nov 05, 2020 06:27 PM IST

    Centre looks to boost export credit disbursal through Rs 8,000 crore insurance scheme

    Under the proposed scheme, 90 percent of the credit provided to an exporter will be insured. For the next five years, the total cost of premium subsidy has been estimated at around Rs 8,000 crore. The total export credit disbursal supported over the five-year period is estimated to be at around Rs 26 lakh crore.

  • Exports to improve in the coming months: DGFT Nov 04, 2020 07:00 PM IST

    Exports to improve in the coming months: DGFT

    Yadav said that presently, the availability of containers for exports is the biggest challenge the EXIM fraternity is facing.

  • India's exports dip 5.4% in October, trade deficit narrows to $8.78 billion Nov 03, 2020 06:20 PM IST

    India's exports dip 5.4% in October, trade deficit narrows to $8.78 billion

    During April-October 2020, exports declined 19.05 percent to $150.07 billion, while imports fell 36.28 percent over the same period last year to $182.29 billion.

  • China can no longer rely on its old development model, nor can India Nov 02, 2020 11:06 AM IST

    China can no longer rely on its old development model, nor can India

    India’s exports/GDP ratio was slightly higher than China’s in 2019

  • Rise in freight cost needs urgent attention  Oct 27, 2020 08:12 AM IST

    Rise in freight cost needs urgent attention 

    Regulation or policy re-orientation — What should the government do to ease container scarcity and help exporters?

  • Exclusive | Government may initially limit new export incentive scheme to 3 sectors Oct 21, 2020 03:07 PM IST

    Exclusive | Government may initially limit new export incentive scheme to 3 sectors

    The sectors for which the rates would be fixed initially might be automobiles, readymade garments, and iron and steel. The newly applicable reimbursements will kick in starting January 2021 under a new scheme.

  • 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.

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