India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's Covid-19 task force said
Imports too rose by 98.33 per cent to $19.59 billion during the period, the data showed
On a sequential basis, they grew 5.35 per cent and 8.1 per cent as compared to May 2019
Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to reach $87.2 billion.
Despite the Covid pandemic, Telangana recorded nearly 13 per cent growth in IT and ITeS exports at over Rs 1.45 lakh crore over last fiscal, Minister for IT and Industries KT Rama Rao said
Exports in dollar terms grew 27.9% in May from a year earlier, slower than the 32.3% growth reported in April and missing analysts' forecast of 32.1%
An interim agreement is expected by the end of the year that would give British medical devices and agricultural products access to Indian markets, while widening the scope of employment in the U.K.
Activity in India's dominant services sector moderated for a second straight month in April.
Exports increased by 1.8 per cent on the quarter helped by strong demand from the US and China
The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports.
Govt must take steps to sustain the rebound
Here are the best of Business Standard's opinion pieces for Wednesday
India has contracted to export 56 lakh tonne sugar so far in the ongoing 2020-21 marketing season, and is expected to conclude deals for shipment of the rest 4,00,000 tonne soon, says trade body AISTA
Gems and jewellery, textiles, electronics goods and iron ore are among sectors already doing well
Better export figure largely due to low-base effect, as Covid-19 induced nationwide lockdown a year ago had temporarily stopped economic activity
At an online interaction, he said India prioritised vaccination of its people while describing those as "non-serious" people who questioned why the country was exporting at all
Some good moves but freer pricing needed
Healthy growth rate in sectors such as engineering and gems and jewellery helped
Export is banned till the situation in the country improves
Amazon top executive Amit Agarwal sees a massive opportunity to empower millions of SMBs across the country