Page 4 - India Exports
Top headlines: FM Sitharaman at G20, hiring in India's aviation, and more
PSU giant Life Insurance Corporation of India (LIC) has released some key data points. Its embedded value (EV) for 2021-22 has worked out to be Rs 5.41 trillion
 "Top headlines: FM Sitharaman at G20, hiring in India's aviation, and more")
India's exports up 16.22% during May-June to UAE after FTA implementation
The Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into force from May 1
 "India's exports up 16.22% during May-June to UAE after FTA implementation")
India may face tech, logistical snags as it tries to explore CNG imports
The government's draft policy encouraging imports in compressed form over LNG ignores major technological and logistics hurdles
 "India may face tech, logistical snags as it tries to explore CNG imports")
DGFT issues RCs for 1.6 mn tonnes wheat export after May 13 ban order
The commerce ministry's arm DGFT has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said
 "DGFT issues RCs for 1.6 mn tonnes wheat export after May 13 ban order")
Monsoon rains cover entire India but still 5% down on average so far
The progress of the monsoon, which delivers about 70% of the country's annual rainfall, is crucial for rice output and exports from India
 "Monsoon rains cover entire India but still 5% down on average so far")
Egypt contracts to buy 180,000 tonnes of wheat from India: Aly Moselhy
India banned wheat exports in May because of lower domestic production, but made allowances for countries like Egypt with food security needs
India exported 1.8 mn tn wheat to several countries since ban: Food Secy
About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne
 "India exported 1.8 mn tn wheat to several countries since ban: Food Secy")
PM Modi urges industry to set up long-term export targets, 'double efforts'
Despite disruptions in the global economy, India's goods and services exports stood at $670 billion and exceeded the $400-billion target for merchandise export alone, he said
 "PM Modi urges industry to set up long-term export targets, 'double efforts'")
Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade
India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall
 "Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade")
Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1
The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines
 "Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1")
Exports rise 20.55% to $38.94 bn in May; trade deficit at record $24.29 bn
India's merchandise exports in May rose by 20.55 per cent to $38.94 billion, while the trade deficit ballooned to a record $24.29 billion, according to the government data released
 "Exports rise 20.55% to $38.94 bn in May; trade deficit at record $24.29 bn")
Iran, Taiwan reject Indian tea shipments citing phytosanitary issues
Taiwan and Iran have rejected three containers of tea sent from India due to phytosanitary issues and presence of pesticides beyond permissible limits
 "Iran, Taiwan reject Indian tea shipments citing phytosanitary issues")
India aims to double marine product exports to Rs 1 trn in 5 years: Goyal
India aims to double marine product exports to Rs 1 lakh crore in the next five years from the present around Rs 50,000 crore, Union Minister of Commerce and Industry, Food & Public Distribution and Textiles Piyush Goyal has said.
 "India aims to double marine product exports to Rs 1 trn in 5 years: Goyal")
Piyush Goyal asks spice exporters to maintain quality to sustain growth
Union Minister of Commerce and Industry Piyush Goyal asked the spice exporters to strive to maintain the comparative advantage to sustain the growth in the spice sector
 "Piyush Goyal asks spice exporters to maintain quality to sustain growth")
Govt looks to restructure export promotion councils, aims to boost growth
The government has delegated PwC India the responsibility of preparing the primary report
 "Govt looks to restructure export promotion councils, aims to boost growth")
From wheat to steel, India can't afford to lose the world's trust on trade
The only chance that countries such as India have to entice value chains away from China is by focusing on resilience and reliability
 "From wheat to steel, India can't afford to lose the world's trust on trade")
India has no plans to curb rice exports as local supplies surge: Report
India banned wheat exports on May 14, just days after New Delhi forecast record shipments of 10 million tonnes this year
 "India has no plans to curb rice exports as local supplies surge: Report")
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
Egypt says government purchases exempted from India's wheat exports ban
India said it would still allow exports backed by letters of credit that were already issued, and sales to countries that request supplies "to meet their food security needs"
 "Egypt says government purchases exempted from India's wheat exports ban")
Netherlands jumps 5 places to become India's 5th-largest export destination
Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place
 "Netherlands jumps 5 places to become India's 5th-largest export destination")
