Page 2 - India Exports

Why does India continue to have an export problem? Sociology may answer

All kinds of policies have been tried to boost Indian exports, but nothing has worked. Maybe, sociology holds the answers

Demand for musical instruments up; Chennai, Kolkata rank as top exporters

India exported $22 million worth of musical instruments and their accessories in the first half of the current fiscal year, as compared to $38.5 million in the previous year

Handicraft far superior than machine-made products, exports rising: Goyal

Piyush Goyal said that the country's handicraft exports have been rising steadily and were far superior than any machine-made products

Indian pharma exports rise by 4.22% to $14.57 bn during April-Oct

Pharmaceutical exports from India registered a growth of 4.22 per cent to reach USD 14.57 billion during the April-October period despite a negative trend last month, according to a senior official of an export promotion body under Government of India. Udaya Bhaskar, Director General of Pharmaceuticals Export Promotion Council of India (Pharmexcil) which is an organisation under the Ministry of Commerce, said he was hopeful of ending the current fiscal at around USD 27 billion as against USD 24.62 billion during the last financial year. "There was a dip (-0.32 per cent) in July and (-5.45 per cent) and there was 8.47 per cent positive growth in September. I am optimistic that it will be revived in the coming months and may touch USD 27 billion at the end of the fiscal," Bhaskar told PTI. During the same period last fiscal, the exports fetched USD 13.98 billion. USA, Canada and Mexico (NAFTA countries), Europe and Africa account for 67.5 per cent (nearly USD 5 billion) of the total

Binding commitments on new issues in FTAs may hamper India's exports: Rpt

Taking binding commitments on new issues like environment, labour and sustainability in the proposed free trade agreements (FTA), being negotiated by India, may hamper the country's exports in the future, according to a report by Global Trade Research Initiative. India's already "weak" FTA outcomes may worsen if it takes obligations in the new issues, the report -- FTAs: Fabulous, Futile, or Flawed? An evaluation of India's FTAs with ASEAN, Japan and South Korea -- said. It added that like many developing countries, India has an evolving regulatory framework on most new issues. "International commitments must be taken only after the domestic regulatory framework is in place. And both must be in sync. New non-trade issues may serve as non-trade barriers and hamper our exports in the future," GTRI (Global Trade Research Initiative) report said. Developed regions like European Union and the UK are pushing to include these new issues in the proposed trade pact with India. Former India

What is going wrong with Indian exports?

The impact of the global slowdown is beginning to be felt in India. The country's goods exports have contracted for the first time in two years. What went wrong with India's exports story?

Top headlines: Windfall tax on crude hiked, India's 1st export contraction

Business Standard brings you the top headlines at this hour

Best of BS Opinion: Unwelcome reminder, Beyond Bali, and more

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

Top headlines: India's exports shrink, Q2 profits down, PM at G20, and more

Business Standard brings you the top headlines this hour

Tax-authorities tighten noose around under-invoicing of Chinese imports

Tax authorities suspect a tax evasion of more than Rs 16,000 crore through under-invoicing by businesses from April 2019 to December 2020

After growth in first half, jewellery exports may face challenge in H2

After witnessing a cumulative growth of 6% during the first six months of FY23, the second half of the year could be slightly 'challenging' for exports of gems and jewellery items

Under scanner: Special mechanism for sharing trade data in the works

CBIC come across 12-13 cases of import-export data leaks to dark web

Trade data from China, India shows gaping hole of $12 billion: Report

India-China trade: Under-invoicing of shipments by Indian importers is believed to be the main reason behind the gap in figures

Business confidence falls for second straight quarter, says NCAER survey

Earlier, it was at 142.9 in the fourth quarter of 2021-22. It was 117.4 in the corresponding quarter last year

Lift the ban on sugar exports

The sector needs an outlet for the surplus stock. Government must allow export; otherwise, the industry will needlessly be pushed into the red

Rupee trade with few nations may start, internationalisation will take time

Rupee trade with few nations may start, internationalisation will take time

Top Headlines: Zee shareholders on Sony merger; India wheat flour export

India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said. Read more on this in our top headlines

India allows exports of wheat flour processed from imported grain

India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said

Exports rise 4.82% to $35.45 bn in Sept; trade deficit widens to $25.71 bn

The country's exports rose by 4.82 per cent to USD 35.45 billion in September, even as the trade deficit widens to USD 25.71 billion, according to the data released by the commerce ministry on Friday. In its preliminary data, which was released in the first week of this month, the ministry stated that the country's merchandise exports contracted by 3.52 per cent to USD 32.62 billion in September. Imports during the month under review increased by 8.66 per cent to USD 61.61 billion. The trade deficit in September 2021 was USD 22.47 billion. During April-September 2022, exports recorded a growth of 16.96 billion to USD 231.88 billion. Imports rose by 38.55 per cent to USD 380.34 billion, while the trade deficit widened to USD 148.46 billion against USD 76.25 billion in September 2021, the data showed.

Have India's exports hit a rough patch?

The effect of global slowdown has reached the Indian shores. Its merchandise exports contracted 3.5% in Sept due to a fall in demand. So have Indian exports hit a rough patch?