Page 18 - Exports
SII gets govt nod to export 3.24 mn doses of Covovax vaccine to US
COVID-19 jab Covovax will be the first vaccine to be exported to the country, under the brand name Nuvaxovid, by any Indian manufacturer, official sources said on Friday
 "SII gets govt nod to export 3.24 mn doses of Covovax vaccine to US")
TVS Motor Co reports 22% rise in total sales at 308,501 units in June
Total two-wheelers sales grew 23 per cent last month at 2,93,715 units as against 2,38,092 units in June 2021, it added.
 "TVS Motor Co reports 22% rise in total sales at 308,501 units in June")
War, US inflation impact: Export demand from big partners may taper off
Demand for items, such as steel, apparels, leather, iron ore has been lukewarm from some of India's largest export partners, such as the United States (US), European Union (EU)
 "War, US inflation impact: Export demand from big partners may taper off")
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'")
PM calls for collective efforts from exporters to achieve long-term targets
Prime Minister Narendra Modi on Thursday appealed to exporters and the industry to fix long-term export targets for themselves and suggest ways to the government to achieve those figures
Wheat exports reach 3 mn tn; govt considering requests from other nations
On plans to ban wheat flour (atta) export, Food Secretary Sudhansu Pandey said the government is monitoring the situation and would take steps at appropriate time.
 "Wheat exports reach 3 mn tn; govt considering requests from other nations")
Bangladesh tries to secure wheat from Russia as India stops exports: Report
The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said.
 "Bangladesh tries to secure wheat from Russia as India stops exports: Report")
Shortage of empty containers in Asia may get worse on Rotterdam jam
Empty container boxes crucial are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe's export hub forces ocean carriers to prioritise shipments of filled boxes
 "Shortage of empty containers in Asia may get worse on Rotterdam jam")
Mandatory registration on the govt anvil to curb wheat flour exports
Some reports said India usually exported 6,000-8,000 tonnes of wheat flour during April-June per month, and that has climbed to almost 100,000 tonnes because of the ban
 "Mandatory registration on the govt anvil to curb wheat flour exports")
Top headlines: Govt approves 5G spectrum auction; May trade deficit widens
Business Standard brings you the top headlines on Wednesday
 "Top headlines: Govt approves 5G spectrum auction; May trade deficit widens")
With Chetak Technology, Bajaj Auto seeks to be top e-two wheeler exporter
Chetak is looking to create a portfolio of e-two wheeler models by addressing various needs and catering to a vivid customer profile, Rakesh Sharma, executive director, Bajaj Auto said.
 "With Chetak Technology, Bajaj Auto seeks to be top e-two wheeler exporter")
Crackdown on two Mumbai-based entities trying to export wheat on fake LCs
The commerce ministry has tightened the norms for obtaining registration certificates for wheat exports with a view to curbing fraudulent practices such as submission of improper documents by traders.
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
Erdogan, Zelenskyy discuss export of Ukraine's agricultural products by sea
Recep Tayyip Erdogan told Volodymyr Zelensky that Turkey attaches importance to the project of creating a safe corridor for the export of Ukraine's agricultural products by sea
 "Erdogan, Zelenskyy discuss export of Ukraine's agricultural products by sea")
Lockdown, steel output restrictions hit exports to China, shows data
The exports basket is largely dominated by steel, iron ore, copper, paper products, plastics, organic chemicals, among others
 "Lockdown, steel output restrictions hit exports to China, shows data")
Centre warns of CBI, EoW action against post-dated wheat export LCs
Action against complicit banks also on the anvil
 "Centre warns of CBI, EoW action against post-dated wheat export LCs")
Wheat markets still on the edge a fortnight after govt's export ban
The spike in prices seen since March-end prompted Meena to ignore repeated reminders to sell to government-run procurement centres, a decision he now regrets
 "Wheat markets still on the edge a fortnight after govt's export ban")
India's protectionist moves spark concern that rice may be next target
India has stockpiled more than enough rice and prices have been under control
 "India's protectionist moves spark concern that rice may be next target")
India exported wheat worth $473 mn in April, $177 mn in March ahead of ban
The government data highlighted that India's expected production of wheat for 2022-23 remains at near 105 million metric tonnes (MMT)
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
 "Exports rise 21% to $23.7 billion during May 1 to 21, shows data")
