Page 7 - Exports

Shortage of empty containers in Asia may get worse on Rotterdam jam

Empty container boxes crucial are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe's export hub forces ocean carriers to prioritise shipments of filled boxes

Mandatory registration on the govt anvil to curb wheat flour exports

Some reports said India usually exported 6,000-8,000 tonnes of wheat flour during April-June per month, and that has climbed to almost 100,000 tonnes because of the ban

Top headlines: Govt approves 5G spectrum auction; May trade deficit widens

Business Standard brings you the top headlines on Wednesday

With Chetak Technology, Bajaj Auto seeks to be top e-two wheeler exporter

Chetak is looking to create a portfolio of e-two wheeler models by addressing various needs and catering to a vivid customer profile, Rakesh Sharma, executive director, Bajaj Auto said.

Crackdown on two Mumbai-based entities trying to export wheat on fake LCs

The commerce ministry has tightened the norms for obtaining registration certificates for wheat exports with a view to curbing fraudulent practices such as submission of improper documents by traders.

Exports up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

Erdogan, Zelenskyy discuss export of Ukraine's agricultural products by sea

Recep Tayyip Erdogan told Volodymyr Zelensky that Turkey attaches importance to the project of creating a safe corridor for the export of Ukraine's agricultural products by sea

Lockdown, steel output restrictions hit exports to China, shows data

The exports basket is largely dominated by steel, iron ore, copper, paper products, plastics, organic chemicals, among others

Centre warns of CBI, EoW action against post-dated wheat export LCs

Action against complicit banks also on the anvil

Wheat markets still on the edge a fortnight after govt's export ban

The spike in prices seen since March-end prompted Meena to ignore repeated reminders to sell to government-run procurement centres, a decision he now regrets

India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control

India exported wheat worth $473 mn in April, $177 mn in March ahead of ban

The government data highlighted that India's expected production of wheat for 2022-23 remains at near 105 million metric tonnes (MMT)

Exports rise 21% to $23.7 billion during May 1 to 21, shows data

The total figure for May is likely to be realised by the commerce ministry in June

Export levy will slow down India's $5 trn economy journey: ISA President

Dilip Oomen says the levy comes at a time when the world views India as a stable policy country, a manufacturing and export hub that is closely integrating with global value chains

Govt needs to clarify whether it wants oil price control or exports

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

Need to focus on project exports in developed nations: Piyush Goyal

Project exports refers to setting up of engineering and construction projects overseas. It also includes the export of engineering consultancy

Sustaining export growth

Commodity prices will push up trade deficit

April exports up 24% at $38 bn on petro products, electronics push

Imports during the month under review grew 26.55% to $58.26 billion

Exports up 24% to $38 bn in April; trade deficit widens to $20 bn

Imports during the month under review grew by 26.55 per cent to $58.26 billion

Wheat export push under cloud as procurement drops by over 35% till Apr 24

Production too is estimated to be lower than the earlier projection of 111 million tonnes