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  • 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.

  • India's July exports reach almost last year's level, says Piyush Goyal Aug 04, 2020 01:30 PM IST

    India's July exports reach almost last year's level, says Piyush Goyal

    The minister added that the country "today is in a mood" to not only bring back economic activity but also become self-reliant, improve the quality and competitive pricing of products.

  • Revenue department asks commerce ministry to review coverage of export incentive scheme MEIS Jul 29, 2020 07:03 PM IST

    Revenue department asks commerce ministry to review coverage of export incentive scheme MEIS

    The idea of reviewing the MEIS has been to use resource optimally and in a targeted way.

  • Indian rice exports slow as coronavirus disrupts supply chain Jul 27, 2020 03:45 PM IST

    Indian rice exports slow as coronavirus disrupts supply chain

    Slowing shipments from the world's biggest rice exporter could allow rivals like Thailand and Vietnam to raise supplies in the short term, and also carries the potential to push up global prices.

  • India's exporters rue new red tape requirements from government Jul 24, 2020 05:20 PM IST

    India's exporters rue new red tape requirements from government

    New Delhi said in June it had identified thousands of exporters that had claimed tax rebates based on bogus invoices and would require them to submit receipts before issuing refunds.

  • Exporters tap rail route to send over 9,000 tn of spices to Bangladesh amid lockdown Jul 19, 2020 05:35 PM IST

    Exporters tap rail route to send over 9,000 tn of spices to Bangladesh amid lockdown

    Bangladesh is one of the leading export destinations for Indian spices and accounts for about 9 percent in volume terms and 5 percent in value terms of India's total spice exports.

  • India's exports fall 12.41%, imports by 47.5% in June Jul 15, 2020 06:34 PM IST

    India's exports fall 12.41%, imports by 47.5% in June

    During April-June 2020, exports fell by 36.71 per cent to $51.32 billion, while imports shrank by 52.43 per cent to $60.44 billion.

  • China June exports unexpectedly rise 0.5% year-on-year, imports up 2.7% Jul 14, 2020 09:22 AM IST

    China June exports unexpectedly rise 0.5% year-on-year, imports up 2.7%

    Analysts in a Reuters poll had forecast exports would fall 1.5% from a year earlier after a 3.3% drop in May.

  • India's exports may decline by around 10% in FY21, says FIEO Jun 25, 2020 05:24 PM IST

    India's exports may decline by around 10% in FY21, says FIEO

    It expects export recovery to be led by pharmaceuticals, medical and diagnostic equipment, technical textiles, agriculture and processed foods, plastics, chemicals and electronics

  • Chart of the Day | How we fed the dragon Jun 24, 2020 09:25 AM IST

    Chart of the Day | How we fed the dragon

    China’s share in our total imports was at an all-time high in 2015-16

  • Piyush Goyal on exports | Have reached nearly 90% of last year levels in June so far Jun 22, 2020 03:20 PM IST

    Piyush Goyal on exports | Have reached nearly 90% of last year levels in June so far

    At a CII function, Piyush Goyal said, exports until mid-June have reached nearly 88-90 percent of the level that we had in June 2019

  • Exports improving, down by 36% in May: Commerce and Industry Minister Piyush Goyal Jun 11, 2020 08:38 PM IST

    Exports improving, down by 36% in May: Commerce and Industry Minister Piyush Goyal

    The minister added that the country's non-oil exports, excluding POL (petroleum oil and lubricant) exports, were down only 30 percent. He said these figures provide confidence that the country is poised for a turnaround.

  • Focus on MSMEs to boost manufacturing in India Jun 10, 2020 10:03 AM IST

    Focus on MSMEs to boost manufacturing in India

    With huge reverse migration, the support structures and relevant programmes may be specifically designed so that the rural landscape generates hundreds of micro and small enterprises

  • Karnataka STPI units export services worth Rs 36,459 crore amid lockdown Jun 09, 2020 10:21 PM IST

    Karnataka STPI units export services worth Rs 36,459 crore amid lockdown

    STPI was the one of the first organisations to enable work from home facility to its member units. STPI also waived off rentals for startups operating out of STPI for four months.

  • Exports to Bangladesh to resume through Bengal's Petrapole land port from Sunday Jun 07, 2020 12:21 PM IST

    Exports to Bangladesh to resume through Bengal's Petrapole land port from Sunday

    "Starting today, we are allowing bilateral trade to recommence through the Petrapole ICP and all necessary safety protocol will be followed," a senior official said.

  • Commodity exports to China could fall by $33.1 billion in 2020: UNCTAD study Jun 03, 2020 11:15 AM IST

    Commodity exports to China could fall by $33.1 billion in 2020: UNCTAD study

    The UN Conference on Trade and Development (UNCTAD) said that the findings raise concerns for economies that rely on exports of primary goods, such as energy products, ores and grains.

  • China's May manufacturing activity expands; still sluggish as virus hits exports Jun 01, 2020 08:20 AM IST

    China's May manufacturing activity expands; still sluggish as virus hits exports

    A monthly purchasing managers' index issued Sunday slipped to 50.6, down from 50.8 in April. A reading above 50 means that manufacturing is growing.

  • Piyush Goyal expects better exports performance in May; rate of contraction to be lower than April May 28, 2020 03:25 PM IST

    Piyush Goyal expects better exports performance in May; rate of contraction to be lower than April

    Goyal said three main things -- reviving manufacturing, diversifying export basket, focusing on newer and accepting markets -- will drive the economy going forward.

  • Export contraction in May will be less than that in April: DGFT May 28, 2020 02:48 PM IST

    Export contraction in May will be less than that in April: DGFT

    According to government data, India's exports contracted by a record 60.28 percent to $10.36 billion in April amid the coronavirus lockdown. Imports too tumbled by 58.65 percent to $17.12 billion in April from $41.4 billion in the same month last year

  • Exporters need to identify niche markets, key products to boost shipments: Suresh Prabhu May 23, 2020 05:52 PM IST

    Exporters need to identify niche markets, key products to boost shipments: Suresh Prabhu

    In view of the present pandemic crisis, he said, the first and foremost work for exporters is to find the markets where demand support is given by their respective governments through a package, citing examples of the US and Europe.

  • Halt in exports, relaxation in APMC norms prompts mango farmers to sell directly to consumers May 18, 2020 07:26 PM IST

    Halt in exports, relaxation in APMC norms prompts mango farmers to sell directly to consumers

    The late arrival of mangoes owing to transport challenges due to COVID-19 lockdown has impacted the price of mangoes.

  • Coronavirus pandemic | EEPC seeks package for exporters amid falling shipments May 16, 2020 03:30 PM IST

    Coronavirus pandemic | EEPC seeks package for exporters amid falling shipments

    India's exports contracted by a record 60.28 percent to $10.36 billion in April amid the coronavirus lockdown, official data showed on Friday. Engineering exports declined by 65 percent.

  • India exports 33.5 lakh tonnes sugar so far in 2019-20 marketing year May 07, 2020 05:55 PM IST

    India exports 33.5 lakh tonnes sugar so far in 2019-20 marketing year

    Mills have contracted to export 42 lakh tonnes of sugar so far as against 60 the lakh tonnes quota assigned by Food Ministry, the All India Sugar Trade Association (AISTA) said in a statement.

  • China's factory activity expands for second month, but slump in export orders deepens Apr 30, 2020 07:35 AM IST

    China's factory activity expands for second month, but slump in export orders deepens

    China's official Purchasing Managers' Index (PMI) eased to 50.8 in April from 52 in March, China's National Bureau of Statistics said on Thursday, but stayed above the neutral 50-point mark that separates growth from contraction on a monthly basis.

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