Page 10 - Trade Exports

Exports, imports are showing positive trends, says Piyush Goyal

He added that the trade deficit is reducing drastically and India's share in the global trade is improving due to resilient supply chains

India can be great place for a country wanting import alternative: Gadkari

The Minister said China's 70 per cent of exports pertained to ten sectors and asked industry players to research on various sectors

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

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

Govt to promote manufacturing of certain products to push exports: Gadkari

The government aims to attract foreign investments in pre-identified areas, promote joint ventures and support local businesses to expand India's share of global markets

July exports recovered to 91 per cent of July 2019 levels : Piyush Goyal

Non-gems & jewellery, petroleum exports also rose, picking up significantly towards month-end

Export order books improving, but labour shortage still an issue: Exporters

Exporters associations say orders are coming but there is a problem in boosting production as workers stay away in coronavirus pandemic

Identified sectors to cut import, promote domestic manufacturing: Goyal

Goyal said that Covid-19 pandemic has taught a big lesson that over-dependence on certain geographies can cause a lot of difficulties in the time of stress.

US firms look for stable policy to make India hub: USISPF's Mukesh Aghi

While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.

Trade gap with China set to narrow this year: Explained in charts

Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.

India May exports fall 36.47% to $19.05 bn, trade deficit down to $3.15 bn

During April-May 2020, the exports fell 47.54 per cent to $29.41 billion, while imports shrank by 5.67 per cent to $39.32 billion

Export body asks Mamata's intervention for early resumption of border trade

The letter said that if there is no improvement on the ground immediately, many exporters will have to shut their offices and become bankrupt

Container vessel idling at 1-yr high as Covid-19 pandemic sinks sailing

The highest sailing cancellation since the Covid-19 outbreak was in February, registering a spike of 105 cancellations across Trans-Pacific, Asia-Europe, and the Mediterranean trades.

Vocal for local: Khadi masks to be exported to corona-hit US, UAE

Of total domestic orders for 800,000 masks, 600,000 have been supplied to Rashtrapati Bhawan, PMO and ministries

China using trade sanctions as weapon to silence coronavirus criticism

The move is the first time Beijing has used access to its huge markets as leverage in its campaign to deflect blame for the outbreak.

Exports fall at fastest pace in 25 yrs in April due to coronavirus lockdown

Exports shrank by 60% in April as the monthwide lockdown restricted outflow of goods

Top biz headlines: Exports fall at fastest pace, IMF concerns, and more

Business Standard brings to you the top headlines of the day

Global trade may plummet between 13% to 32%, WTO sees 'ugly' numbers

'These numbers are ugly - there is no getting around that,' World Trade Organisation Director-General Roberto Azevedo said

UK could lose $32 billion annually in EU exports if trade deal fails: UN

The most affected would be Ireland, which could see a 10% cut in its exports under the no-deal scenario.

Imported goods deposited in bonded warehouse can be re-exported: Expert

The conditions for such re-export or DTA clearance are spelt out in those legal provisions

Exporters approach court over cess on export incentives, get interim relief

The high court granted interim relief to petitioners against any "coercive" measures by the authorities