Page 10 - Exports

FIEO aims at $460-475 billion exports next fiscal year amid Covid woes

Much will depend on whether the world would be able to contain COVID-19 through massive vaccination across the globe and be able to create the required vaccine manufacturing capacity

India's exports rose 44% to $16.46 billion during Dec 1-14: Govt data

Imports too grew 42.57 per cent to $27.53 billion during the period under review, the data showed

Freight cost hits highest due to Omicron, threatening export companies

As the Omicron variant has slowdown major ports and global supply again, shipping and air freight rates hit record highs.

Covid-19 jab exports set to rise; Serum Institute leads the pack

Indonesia to get 5 mn Covovax doses, exports to COVAX to rise to 30 mn by Jan

Best of BS Opinion: Strengthening financial sector, no solution yet & more

Here is the best of Business Standard's opinion pieces for Friday

Exports grow 11 months on trot, rise 43% to $35.65 billion in October

The widening of deficit was led by a surge in import of goods ahead of the festival season and the hardening of commodity prices

India on track to achieve historic highs in exports: Union min Piyush Goyal

Union Minister Piyush Goyal on Sunday said India's economy was witnessing a bounce back in every sphere, and the country is well on track to achieve historical highs in goods and services exports. Goyal said India is on course to achieve USD 400 billion of merchandise exports in the current financial year ending March. "Also, on the services (exports) side, we are well on track to go up to a USD 150 billion. So, collectively we are on track for historic goods and services exports," he said. Inaugurating the India International Trade Fair (IITF) here, the commerce and industry minister said the country witnessed the "highest ever" FDI inflow of USD 27 billion in the first four months this fiscal, a 62 per cent jump over the same period last year. Asserting that the world takes India as a trusted global partner in maintaining global supply chains, Goyal said despite the lockdown, India did not default on any service support to the global community. The minister also highlighted that

Oil steady amid rosier outlook for global economy, strong fuel demand

Brent crude was down 2 cents at $83.41 a barrel by 0735 GMT, after gaining 0.8% on Monday

China Oct exports beat forecasts, offer buffer to slowing domestic economy

Outbound shipments jumped 27.1% in October from a year earlier, slower than September's 28.1% gain.

China's exports stay strong despite Covid, trade surplus tops $80 bn

China's exports remained strong in October, a positive sign for an economy trying to weather power shortages and COVID-19 outbreaks.

Is India's export growth 'sticky' enough to hit $400-bn mark this year?

It is less than necessary, an analysis of the composition of the export basket suggests

October exports up 42% to $35.47 bn, trade deficit narrows to $19.9 bn

Growth driven by engineering goods, petroleum products, gems and jewellery, and organic and inorganic chemicals

Merchandise exports rise 42.33% to $35.47 billion in October

The merchandise imports surged 62.49 per cent to $55.37 billion

Onion prices not 'extraordinarily high'; no case for banning exports: Govt

Buffer stocks are being released to cool down the prices further, Union Food Secretary Sudhanshu Pandey said

China's curbs on fertiliser exports may affect India, says report

The increased scrutiny comes as global fertilisers costs have soared to new records, spurred by energy crises in Europe and China as coal and natural gas are important feedstocks

Exports increase 40.5% to $15.13 billion during October 1-14

Imports during the period grew by 60.72 per cent to USD 14.82 billion, the data showed.

Aggressive marketing, FTAs to help exports touch $500 bn in FY22: Exporters

Exporters also suggested exploiting the potential of e-commerce for inclusive exports and increasing its base by bringing new start ups, artisans, weavers in exports.

Syringe makers urge govt not to restrict export of non-Covid size syringes

The government on Monday imposed export curbs on syringes with immediate effect

Govt imposes export curbs on syringes to discourage outbound shipments

DGFT in a notification said it has moved syringes export in restricted category, under which an exporter has to seek a licence or government permission for shipments

How prolonged closure of Sterlite plant is impacting copper exports

The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal