Page 5 - India Exports

India prohibits wheat exports with immediate effect to calm local prices

Trade sources said the decision to ban all sorts of wheat exports with immediate effect will immediately cool down the market prices of wheat and bring it closer to the MSP of Rs 2,015 per quintal

Exports up 30.7% to $40.19 bn in April; trade deficit widens to $20.11 bn

India imported goods worth $60.3 billion, up nearly 30 per cent on year in April

Top Headlines: Wheat export push, CBDT's ITR guidelines, and more

Here are the top Business Standard headlines on Friday

Toyota to make EV parts in India for domestic, countries in ASEAN bloc

The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, says executive.

As Black Sea supplies fall, India sells record 1.4 mn tonnes wheat in April

India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February

Is India's exports growth momentum sustainable?

Exports breached the $400-billion mark in FY22. But the commerce ministry has not projected any fresh exports target for FY23. Is it due to the uncertainty surrounding world trade? Let's find out

Govt may save Rs 9,000 crore in claims under export promotion schemes

In April, exports grew 24.2 per cent year-on-year to their third-highest level of $38.2 billion, on the back of higher commodity prices

India's exports up 24% to $38 bn in April; trade deficit widens to $20 bn

The preceding month had witnessed record outbound shipments of $42.2 billion

West notwithstanding, imports from Russia jump 33% to $1.1 bn in March

India's exports to Moscow fall 75% in March over Feb

Why we must clearly define atmanirbharta and our reasons for chasing it

Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI's search for strategic self-reliance, writes T N Ninan

Exports of ceramics and glassware products touch $3.5 bn in FY22

Exports of ceramics and glassware products touched a "record" $3.5 billion in 2021-22, the commerce ministry said

Rajnath Singh invites US defence firms to help India meet export target

$2.5 bn defence exports to the US in 5 years, which is 35% of all defence exports

Gem, jewellery exports rebound 56% to touch $39 bn in FY22: GJEPC

Gems and jewellery exports rebounded in 2021-22 to touch USD 39.15 billion, showing a nearly 55 per cent jump compared to the previous financial year, industry body GJEPC said on Thursday. The gross gems and jewellery exports stood at USD 25.40 billion during 2020-21, the Gem and Jewellery Export Promotion Council (GJEPC) said in a statement. Meanwhile, in March the overall gross gems and jewellery exports went up by 4.33 per cent to USD 3,393.29 million, a decline of 0.46 per cent compared to USD 3,409.07 million for the same period in FY21. "India's exports to global markets bounced back 54 per cent, demonstrating the agility of the Indian G&J pipeline in adjusting quickly to an uncertain business environment marked by temporary Covid lockdowns and unprecedented demand surges," GJEPC chairman Colin Shah said. With annual exports of USD 39.15 billion, the Indian gems and jewellery sector has maintained its promise of contributing a 10th of the country's overall USD 400 billion ...

Foodgrain production up 25%, oilseeds 42% in last six years: Govt

Commodities such as wheat, rice, soya meal, raw cotton, fresh vegetable, and processed vegetables etc. have registered most positive growths, the presentation data showed

India's oilmeals exports fall 37% to Rs 5,600 crore in FY22: SEA

India's oilmeals exports declined 36 per cent to 23.73 lakh tonnes in the last fiscal, while in value terms the shipments were down 37 per cent to Rs 5,600 crore, according to industry data.

Wheat export: Madhya Pradesh stays one jump ahead of Punjab, Haryana

The bulk of the wheat exported from India, trade and industry sources say, is being sourced at rates significantly higher than the state-mandated price of Rs 2,015 per quintal in MP, UP and Gujarat

USDA attache sees record-large India wheat harvest, exports in 2022-23

Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) post in New Delhi:

India plans $2 bn more of exports to sanctions-hit Russia: Report

Indian government reportedly in talks with Moscow to liberalize market access for several Indian-made products.

Nepal's decision to ban import of non-essential items may hit India hard

Nepal is India's ninth largest export destination with $9.6 billion of exports to the landlocked country in calendar year 2021

India's exports rise by 37.57% to $9.32 bn in 1st week of 2022-23

Export excluding Petroleum, has increased in this period by 24.32% over same period of 2020-21 and up by 392.46% over same period of 2019-20