Exports rose 45.8% to touch US$33.28 Billion in August 2021, trade deficit widened to touch US$13.8 billion
The auto giant achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.
The economic improvement can be chalked out to the increase in shipments of certain sectors such as gems and jewellery, engineering and chemicals.
The trade deficit in December widened to USD 15.71 billion, as imports grew by 7.6 per cent to USD 42.6 billion
India-UK FTA would help in removing the customs duty disadvantages faced by domestic players in Britain, according to a trade expert
India's exports dipped 8.74 per cent on a yearly basis in November
Poeple fret as pocket-friendly laptops disappear. Only high-end, expensive models currently available in the market.
China has a trade surplus with almost every country in the world, but it has now transformed into trust deficit. Now, every country wants to pull out their investment from China.
Even before Prime Minister Modi’s visit to US in September 2019, there were indications of an agreement. It did not come about then. Further, trade actions have only complicated matters. It will be in the interest of both countries if at least a mini-deal were to happen now, writes V.S.Seshadri, a former Ambassador.
'We can have a trade deal with India. But I'm really saving the big deal for later,' Donald Trump said.
Trade deficit during the period narrowed to USD 54.06 billion as against USD 82.47 billion in April-November 2018-19.
Lack of know-how regarding international markets and consumers, infrastructural constraints, and pesticide residues in produce are holding back Indian farmers from fully integrating into global supply chains
PM Modi said the grouping of five countries had led to economic development despite the global economic slowdown.
Dutch investors are not sure how safe their data and technology is while doing business in China. India, therefore, becomes a natural option.
The two countries are negotiating a trade package to iron out issues and promote two-way commerce.
A day after 44 US lawmakers urged the Donald Trump administration to reinstate India's designation as a beneficiary developing nation, India says it meets the criteria for trade concessions under the US Generalised System of Preferences.
In a letter to US Trade Representative Robert Lighthizer, the House members suggest an "early harvest" approach that "would ensure that long-sought market access gains for US industries are not held up by negotiations over remaining issues".
The government's plan to organise at least four Mega Shopping Festivals is aimed at providing incentives to small and medium enterprises to sell or export their products.
India's Prime Minister Narendra Modi addresses the 76th Session of the U.N. General Assembly at United Nations headquarters in New York.Photo by AP/PTI
Prime Minister Narendra Modi addresses the 76th session of the United Nations General Assembly in New York.PTI Photo
India's Prime Minister Narendra Modi addresses the 76th Session of the U.N. General Assembly at United Nations headquarters in New York.Eduardo Munoz /Pool Photo via AP
Paramilitary jawans conduct a route march for Bhabanipur Assembly by-election, in Kolkata.PTI Photo
Punjab Chief Minister Charanjit Singh Channi meet Governor of Punjab Banwarilal Purohit ahead of the oath taking ceremony for the Punjab Cabinet expansion, in ChandigarhPTI Photo
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