India's total exports growth decelerated to 13.4 per cent in 2022-23 annually from 36 per cent expansion in the previous financial year as global demand was affected following outbreak of Russia-Ukraine war in February 2022...
Due to the global demand slowdown, India's exports contracted for the second consecutive month in January, dipping by 6.6 per cent to USD 32.91 billion
Customs duty on articles of precious metals such as gold, silver, and platinum has been increased from 20% to 25%. This will improve domestic production and enhance import substitution in this sector. Customs duty on...
During April-February this fiscal, however, the country's overall merchandise exports rose by 7.5 per cent to $405.94 billion
The outbound shipments rose by 14.6 per cent year-on-year to USD 453.3 billion in 2022
In a written reply to the Rajya Sabha, Commerce and Industry Minister Piyush Goyal said the government has taken a series of measures to promote the country's exports
India's merchandise and services exports in the current financial year ending March will be close to $760-770 billion
Finance Minister Nirmala Sitharaman in her Budget speech said a revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1
India's exports contracted by 12.2 per cent to USD 34.48 billion in December 2022 due to the global demand slowdown, and the trade deficit widened to USD 23.76...
With all these stress, where every global leader is talking of “very” tough times, India's exports rose 9 per cent year-on-year during April-December...
Exports stood at 118.25 lakh tonnes in the same period during the previous fiscal
Minister of State for Commerce and Industry Anupriya Patel said there has been a sudden increase in demand for the Indian broken rice in the international...
Mitra, who is currently the principal chief adviser to West Bengal Chief Minister Mamata Banerjee, predicted that India's dependence on imports from China is...
Singh said India's defence sector has registered exports worth Rs 30,000 crore after 2014 when the Narendra Modi government assumed office at the Centre.
The data shows that in April-September 2022, these exports recorded a total growth of $16.96 billion to $231.88 billion and the imports rose by 38.55 per cent...
The rupee, which has already depreciated 7 per cent against the US dollar through this calendar year, will likely remain under pressure, adding to inflation...
At the interbank foreign exchange, the rupee opened weak at 77.72 against the US dollar, then recovered slightly to quote 77.71, registering a decline of 5...
During the second week of this month (May 15-21), the exports grew by about 24 per cent to $8.03 billion, the official added.
Explaining the rationale behind the decision, the commerce secretary said the primary goal was to put a "check on inflation".
In March 2021, exports stood at $35.26 billion.
The Term-Ahead Market, comprising intra-day, contingency, daily and weekly contracts, traded 823 MUs in March, which is a Y-o-Y growth of 251 per cent.
Goyal, who is in Australia on a three-day visit, said that both the countries are already at an advanced stage of entering into an agreement for greater...
While total exports during last fiscal year increased to a record high of $417.81 billion, imports too soared to $610.22 billion, leaving a trade gap of...
Outbound shipments touched an all-time high of $40 billion in a month in March 2022
Imports during the month too jumped 36 per cent to $55.45 billion, with inbound shipments of petroleum and crude oil surging 69 per cent to $15.28 billion.
