Page 14 - Indian Exports

Export figures for Aug disappoint optimists

Among manufactured goods, only drugs & pharmaceuticals and plastic and linoleum have shown positive growth

Rising growth expectations pull up business sentiment in Q2FY21: CII Survey

Latest quarterly survey shows capacity utilization improving, but firms worried over low profits, weak domestic demands and rising inflation

Onions lying on ports to be exported to countries including Bangladesh

India has allowed the export of onions lying on ports in transit to all countries including Bangladesh, government sources said on Friday

New rule for importers to get FTA concessions; industry raises concern

Proof of 35% value addition in goods from country of origin must from Monday

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

India's exports in September first week jump 13% to $6.12 billion

India's exports during the first week of September jumped 13.35% year-on-year to 6.12 billion dollars, officials data released on Thursday showed

Govt permits exports of certain non-woven fabrics used for making masks

However, export of melt blown fabric of any GSM (grams per square metre) continues to be banned

Industry wants open and facilitative import environment to boost exports

The CII asks for policies to increase the country's share in the global merchandise trade by 2025 to 5 per cent from 1.7 per cent and in services export to 7 per cent from 3.5 per ent.

India's balance of payments will be very strong, says Piyush Goyal

Says overseas companies must stop having an 'assembly workshop' approach

India has trade deficit with 9 of top 10 commerce partners, shows data

While India has maintained a comfortable surplus of more than $17 billion with the United States, its largest export market, deficits have become deeper for all other nations

Covid-19 pandemic expands the appetite for India's basmati exports

Exporters saw an unexpected demand surge as countries in West Asia rushed to build buffer stocks. But procedural problems could make it difficult to sustain the momentum

DGFT undergoing an overhaul to boost trade post-Covid pandemic

Exporters have for long been demanding that the DGFT portal be made more comprehensive and its online services more interactive and customer-focused

July exports at nearly last year's level; economy on path to revival: Goyal

Goyal said several indicators are reflecting that the economic activities are reviving in the country

Iron ore exports, prices rose sharply, but only eastern miners benefited

According to FIMI, iron ore exports in 2019-20 rose to 36,623.71 tonnes from 16,198.90 in 2018-19

Govt favours diverting MEIS funds to PLI schemes in select sectors

The revenue department argued against continuing the MEIS, calling it inefficient and wasteful

IGST crackdown: Exporters cry foul; govt refutes allegations of harassment

Say they are being harassed by the authorities even as 1,500 who claimed bogus GST refunds are untraceable

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

Indian MSMEs on Amazon global selling programme cross $2 billion in exports

Indian SMEs and brands using Amazon global selling export worldwide has now crossed $2 billion in cumulative exports

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

Exporters to submit origin certificates for shipments to Asean countries

The document is important to claim duty concessions under free trade agreements. This certificate is essential to prove the origin of the goods