Page 16 - Exports

India Sept trade deficit in goods at $2.9 bn, merchandise imports dip 19.6%

Total merchandise imports fell by 40.06% to $148.69 billion during April-August while exports were down 21.43% from the year-ago period to $125.06 billion, the data showed

Engineering exports down 18% to $26 bn in April-August period of FY21: EEPC

Exports of engineering goods declined over18 per cent to $26 billion in the April- August period of the current fiscal, EEPC India said on Monday

India's imports from China decrease to $16.6 billion during April-July 2020

India's imports from China during April-July 2020 decreased to $16.6 bn from $23.45 bn in the corresponding period of the previous year, the government informed the Rajya Sabha on Wednesday

Export ban: Bangladesh-bound onion trucks stranded at many land borders in

The number of stranded Bangaldesh-bound trucks loaded with onions continued to rise at various land borders in West Bengal in the wake of the Centre's export ban of the commodity

Bangladesh expresses concern over India banning export of onions

Bangladesh has officially conveyed its deep concern over India's banning the export of onions without due notice

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

Exports fall 12.66% in Aug; trade deficit narrows to $6.77 billion

During the April-August period, exports declined by 26.65 per cent to $97.66 billion, while imports fell 43.73 per cent to $118.38 billion

Govt to clamp down on large firms dodging Rs 2 cr cap on MEIS claims

Worry over major exporters filing separate export benefit applications through subsidiaries to work around the cap

Energy export severely disrupted by Hurricane Laura, 1 bpd reduction likely

Laura made landfall early Thursday near the Texas-Louisiana border, one of the most powerful storms to ever hit the region, and raced north

Gujarat, Maharashtra and Tamil Nadu top Niti's export preparedness index

First ever such index by Niti Aayog shows major regional disparities in infra, business environment & support

Hong Kong's goods for export to the US to be labelled 'Made in China'

The latest step will see Hong Kong companies subject to the same trade war tariffs levied on mainland Chinese exporters, should they make products subject to these duties

CII wants end to inverted duty structure to make India an exporting nation

Industry body has asked for policies to hike country's share in global merchandise trade to 5% and services export to 7% by 2025

India wants free flow of goods but it has to be 'reciprocal': Piyush Goyal

Goyal said multinational companies who have invested in India can't claim the right to import in an unbridled manner

UP aims at doubling MSME exports to Rs 2.4 trillion in three years

Export promotion policy on anvil, seeks to substitute Chinese exports

Identify sectors to boost exports, self-reliance: Gadkari to industry

To boost 'self-reliant India' endeavour, Nitin Gadkari urged the industry to identify sectors heavily reliant on imports, especially from China, and look for substitutes towards indigenous production

US trade deficit drops in June as exports rise at twice the rate of imports

Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May

Gradual pick-up in export consignments prompts ports to push volumes

JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY

Local demand to prop up crop protection SMEs: CRISIL SME Tracker

Exports, which account for 55 per cent of the pie, are likely to decline by 3 per cent due to lower demand from key importing nations such as the US, Brazil and France

Realisation of export proceeds not mandatory for drawback on re-exports

A licence or duty credit scrip obtained through misrepresentation is voidable but not void till it is cancelled

Rate of contraction in gems and jewellery exports slows down in June

Though the June figure compares poorly YoY, it's much better than April and May