Page 2 - Exports Imports

Govt removes export curbs on N-95 masks to promote outbound shipments

The government on Tuesday removed export curbs on N-95 masks, to promote outbound shipments of the product.

August exports shrink 12.6%, trade deficit hits 4-month high of $6.77 bn

Import contraction restricted to 26 per cent in August due to surge in gold purchases from abroad

KfW IPEX-Bank offers loan of 10 mn euros to Srei Equipment Finance

The borrower, SEFL, was set up in 2008 to pool orders from individual Indian construction companies and make the newly ordered machines available to the respective users.

UP carpet exporters go virtual, focus on domestic market as orders dry up

Most units running at 20-15% capacity, many are facing payment issues for orders already executed

RBI breather for trade: Higher export credit, more time to pay import bills

Exporters laud timely steps but want direct fiscal support, full package

Exports fall at fastest pace in 25 yrs in April due to coronavirus lockdown

Exports shrank by 60% in April as the monthwide lockdown restricted outflow of goods

Offer easier laws, stable policy regime to woo firms from China: Experts

Say Beijing's ability to retain MNCs can't be downplayed; Incentives are largely in place, India needs to focus on business environment as well

Payment must be made against accepted bill of exchange: Expert

It is the obligation of the original importer to remit the payment to the foreign supplier

India to airlift 220 tonnes of medical cargo from China over 3 days: Puri

India has been under a lockdown since March 25 to curb the spread of the novel coronavirus

Genes2Me to deliver 3 mn rapid test kits in coming weeks: CEO Neeraj Gupta

The first phase of our collaboration with Livzon revolves around bringing these kits to India and delivering them to the government within the shortest span of time, he said

Rupee payments allowed for exports to Bhutan under RBI guidelines: Expert

Acceptance of LUT for supplies of goods or services to countries outside India will be permissible irrespective of whether the payments are made in Indian currency or convertible foreign exchange

March Gem & Jewellery exports halve as Covid-19 delivers a body blow

The lockdown is the latest in a string of adverse events to have hit the industry

India may soon ease some drug export curbs under US pressure: Report

Imports from India accounted for 24% of medicines and 31% of medicine ingredients to the United States in 2018, according to the US Food and Drug Administration

Govt bans export of sanitisers, ventilators with immediate effect

There is a shortage of hand sanitisers and face masks in the market amid the coronavirus outbreak as people resorted to panic buying

Budget 2020: Commerce department seeks funds to boost export finance

Under the enhanced Trade Infrastructure for Exports Scheme, the ministry has been promised an allocation of around Rs 50 crore, same as it got last year

Tirupur knitwear exports units bank on compliance to win global markets

The first of a two-part series focuses on how the factories, spurred by buyers, have adopted the latest international social and safety standards

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

Plastic exports likely to remain flat in FY20 due to economic slowdown

The main reason for the slowdown in exports is the economic downturn in the export markets and a decline in raw materials prices

Export promotion scheme, shopping fests: FM's new measures to boost exports

Make sense of all the announcements made by Finance Minister Nirmala Sitharaman for the exports sector

Inter-ministerial panel discusses steps to boost exports, manufacturing

Officials from ministries including coal, steel, mines, agriculture, heavy industries, IT and electronics, and chemicals participated in the meeting