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India's exports of medical consumables, disposables surged by 60% in 2022-23

India's exports of medical consumables, disposables surged by 60% in 2022-23

Tue, May 07, 2024

India's exports of medical consumables and disposables have surged by about 60 per cent to USD 1.6 billion in the fiscal year 2022-23 from USD 1.08 billion in 2019-20, according to data shared at the Meditech Stackathon 2024 held on May 7 in Delhi.

India Extends Export Duty on Parboiled Rice, Imports of Yellow Peas Beyond March 31

India Extends Export Duty on Parboiled Rice, Imports of Yellow Peas Beyond March 31

Thu, Feb 22, 2024

The Indian government has extended the 20% export duty on parboiled rice beyond March 31, aiming to maintain local stock and stabilise domestic prices. Additionally, duty-free import of yellow peas has been extended, contingent upon the issuance of the bill of landing by April 30, 2024.

India's exports decline 2.6% to USD 34.47 billion in September

India's exports decline 2.6% to USD 34.47 billion in September

Fri, Oct 13, 2023

India export data in September 2023: Imports too fell by 15 per cent to USD 53.84 billion as against USD 63.37 billion recorded in September 2022. The country's trade deficit in the month stood at USD 19.37 billion.

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India's exports to Germany may get adversely impacted due to recession: Exporters

India's exports to Germany may get adversely impacted due to recession: Exporters

Fri, May 26, 2023

Data released by the Federal Statistical Office on Thursday shows that Germany's gross domestic product (GDP) declined by 0.3 per cent from January to March. This follows a drop of 0.5 per cent in Europe's biggest economy during the last quarter of 2022.

India's exports dip 8.8% to USD 33.88 billion in February

India's exports dip 8.8% to USD 33.88 billion in February

Wed, Mar 15, 2023

India's exports dipped in February for the third consecutive month by 8.8 per cent to USD 33.88 billion against USD 37.15 billion in the same month last year, according to the data released by the commerce ministry on Wednesday.

India to achieve $750 bn of exports in 2022-23: Piyush Goyal

India to achieve $750 bn of exports in 2022-23: Piyush Goyal

Tue, Mar 14, 2023

"Sustainability has been at the core of G20 agenda for several years now, the core of all multilateral and bilateral engagements over the last few years, but for India, sustainability is a way of life," he said.

Big boost to India's exports after free trade pact with UAE, up by 16.22%

Big boost to India's exports after free trade pact with UAE, up by 16.22%

Fri, Jul 15, 2022

After implementation of a free trade agreement, India's exports to the UAE rose by 16.22 percent to USD 837.14 million during May-June this year, sources said on Friday.

Exports increased by 20 percent to $ 42 billion in March, trade deficit reached $ 18.51 billion

Exports increased by 20 percent to $ 42 billion in March, trade deficit reached $ 18.51 billion

Fri, Apr 15, 2022

India's Export News: The country's exports of goods increased by 19.76 percent to $ 42.22 billion in March 2022 due to the good performance of sectors like petroleum products, engineering and leather. However, the trade deficit widened further to $18.51 billion during this period. This information has been given in the data of the Ministry of Commerce released on Wednesday.

Exports slip 0.8 pc in December 2020; India's trade deficit widens to $15.71 bn

Exports slip 0.8 pc in December 2020; India's trade deficit widens to $15.71 bn

Sat, Jan 02, 2021

The country's exports declined marginally by 0.8 per cent to USD 26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products, according to preliminary data released by the commerce ministry on Saturday.

India can boost exports of 300 products to US, China amid trade war: Report

India can boost exports of 300 products to US, China amid trade war: Report

Sun, Jun 16, 2019

The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 350 products, a study by the Commerce Ministry has said. Increasing exports would help India narrow the widening trade deficit with China, which stood at USD 50.12 billion during April-February 2018-19.

India trade data: Exports up 3.93% in May

India trade data: Exports up 3.93% in May

Fri, Jun 14, 2019

Cumulatively, exports in April-May 2019-20 was up by 2.37 per cent to USD 56 billion.

GSP benefit withdrawal by US will not have significant impact on India's exports, says commerce secretary Anup Wadhawan

GSP benefit withdrawal by US will not have significant impact on India's exports, says commerce secretary Anup Wadhawan

Tue, Mar 05, 2019

The US Trade Representative's Office has said that removing India from the GSP programme would not take effect for at least 60 days after notifications to Congress and the Indian government, and it will be enacted by a presidential proclamation.

India's exports up 18% in October

India's exports up 18% in October

Fri, Nov 16, 2018

"Cumulative value of exports for the period April-October 2018-19 was $191.01 billion as against $168.64 billion during the period April-October 2017-18, registering a positive growth of 13.27 per cent in dollar terms," the Ministry said in its review statement.

Pest attack, scanty rains to dent India cotton exports: trade body head

Pest attack, scanty rains to dent India cotton exports: trade body head

Tue, Aug 21, 2018

Farmers have adopted genetically-modified seeds known as Bt cotton that are resistant to bollworms, but it hasn`t stopped the infestations.

India will be back on 7.5% plus economic growth track this fiscal: Arvind Virmani

India will be back on 7.5% plus economic growth track this fiscal: Arvind Virmani

Mon, Aug 20, 2018

"... Domestically, the main risk to macro stability is politically driven government consumption spending at the cost of investment and fiscal prudence. If this temptation is resisted, the country will be back on a firm 7.5 per cent plus growth track this year (fiscal)," Virmani told PTI in an interview.

India's year-on-year exports up 20% in May; imports rise 15%

India's year-on-year exports up 20% in May; imports rise 15%

Sat, Jun 16, 2018

According to data released by the Ministry of Commerce and Industry on Friday, petroleum products, organic and inorganic chemicals and drugs and pharmaceuticals showed a high export growth rate.

Jaitley to discuss GST issues with industry, exporters today

Jaitley to discuss GST issues with industry, exporters today

Thu, Sep 28, 2017

GST has been launched since July 01, 2017 and India Inc has been asked to registers under the regime before August 15, 2017. However, many industry and exporters faced various problem since the launch of this regime.

Immediate need to synergise our efforts to boost exports, says Nirmala Sitharaman

Immediate need to synergise our efforts to boost exports, says Nirmala Sitharaman

Thu, Jan 05, 2017

Nirmala Sitharaman Minister of Commerce and Industry said that slowdown in world economy has resulted in decrease in India's exports.

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