Page 4 - Trade Exports

India exported alcoholic products worth $322.12 mn during 2020-21

India has exported 2.47 lakh metric tonnes of alcoholic products, worth $322.12 million (approximately Rs 2,507 crore), during 2020-21, the commerce ministry said on Friday.

India's exports increase 24.18% to $9.4 billion during first week of June

The country's exports increased 24.18% to $9.39 billion during June 1-7 on account of healthy growth in sectors like engineering, gems and jewellery and petroleum products, an official said.

Fitch downgrades OYO's ratings over uncertainty in making profit

Rating agency expects the company's FY23 revenue to increase by around 30%, lower than its forecast.

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

Exports up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

Indian trade pacts must lower tariff on alcoholic drinks: Think tank

Such beverages will be 'key issue' in discussions as country seeks access to large markets, says ICRIER report.

Steel industry: From sprint to jog as export duty hike plays speed breaker

Now, beginning June, steel mills are expected to announce a cut for monthly contracts

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

In last 8 years, maritime sector has scaled new heights: PM Modi

In the last eight years, India's maritime sector has scaled new heights and contributed to boosting trade and commercial activities, Prime Minister Narendra Modi said

Explained: What India's shift in stance on public procurement means

India's public procurement market is estimated to be between 20 and 22 per cent of the GDP, or about $500 billion annually.

Best of BS Opinion: Beyond $400 billion, food processing potential & more

Here are the best of BS Opinion pieces of the day

Exports cross $380 bn this fiscal so far; likely to hit $410 bn: Goyal

The country's merchandise exports have reached over $380 billion so far this fiscal till March 7 and are expected to reach $410 billion in 2021-22, Commerce and Industry Minister Piyush Goyal said

Govt to accept RCMC application from exporters via online mode only

The commerce ministry has made it mandatory for exporters to file registration-cum-membership certificate (RCMC) applications through a common digital portal

Exporters in Tirupur hail RBI holding policy rates at same level

RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged

India on track to achieve $400 bn exports, negotiating FTAs: Goyal

India is on track to achieve the USD 400-billion export target in the current fiscal and is negotiating trade agreements with countries, said Goyal

51 projects sanctioned under Trade Infra for Export Scheme till Jan-end

As many as 51 projects have been sanctioned under the Trade Infrastructure for Export Scheme (TIES) till the end of January and out of that, 13 projects are already completed, Parliament was informed

India's exports to China rise by 21% to $22.9 billion in 2021

Bilateral trade between the two countries rose to USD 110.4 billion in 2021 against USD 77.7 billion in 2020, registering a year-on-year growth of 42.2 per cent

Engineering exports up 54% to $82 bn in Apr-Dec: Commerce ministry

India's top five export destinations for engineering goods include the US, China, the UAE, Italy and Germany

Would target $300 bn services exports in 2022-23: Export promotion council

SEPC looks to set an export target of 300 billion for 2022-23 as it expects resumption of regular international travels and other business activities in the coming time

India aiming a target of $500 billion exports for FY23: DGFT official

India has set up a target of 500 bn exports for the 2022-23 fiscal, a top government official said on Friday, contending that the COVID-19 pandemic has taught the country to reimagine world trade.