Page 24 - Exports

Arvind Ltd's Q1 loss narrows to Rs 11 cr from nearly Rs 100 cr a year ago

Better show on account of growth in exports and signs of recovery in domestic markets

Top headlines: PNB Q1 net profit zooms 231%; PM Modi launches e-RUPI

Business Standard brings you the top headlines on Monday

Exports rise 47.91% in July to $35.17 bn; trade deficit at $11.23 bn

Country's exports grew by 47.19 per cent to $35.17 bn on account of healthy growth in outbound shipments of petroleum, engineering, gems and jewellery, according to data of commerce ministry

SEIS allocation will help tourism-related services

Giving a substantial part of the meagre allocation under SEIS to hotels, restaurants and other tourism-related service providers against their NFE earnings in 2019-20 will help them cope with distress

Exports of livestock products increase to Rs 7,543 cr during Apr-June

The country's exports of livestock products have increased to Rs 7,543 crore during the first quarter of this fiscal, as against Rs 3,668 crore in the same period last year, the commerce ministry said

HP India MD to head ICEA panel to boost IT hardware manufacturing

As the government doubles down on IT hardware manufacturing in the country, the India Cellular & Electronics Association (ICEA) on Wednesday announced a high-level committee to boost manufacturing and exports of the IT hardware (laptop/tablet) sector.

Automobile exports recover in Q1 amid improved pandemic situation globally

Automobile exports from India recovered in the first quarter in all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth as pandemic situation improves

Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn

India was a net importer, with trade deficit of $9.4 bn vs $710-mn surplus last yr

Exports rise by 48% to $32.5 bn in June; trade deficit at $9.37 bn

The country's exports rose by 48.34 per cent to $32.5 billion on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, leather and marine goods

Expo 2020: India's big plans for the Dubai gala that begins in October

The country is among the exposition's most prominent participants with a four-storey permanent building - its only such exhibition anywhere in the world

SME CHATROOM: Third-party payment allowed for imports subject to conditions

Notification No. 66/2017 exempts all suppliers of goods who have not opted for composition scheme, from payment of GST on advances received

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

Playing field: India's toy story needs govt strongly backing the game

80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation

Indian economy showed signs of cooling in May before gaining momentum

A slew of data from services activity to automobile sales pointed to lack of demand last month, which in turn kept the needle on an overall activity indicator unchanged at 6.

India to hold off exports of Covid-19 vaccines until domestic demand met

India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's Covid-19 task force said

Exports jump 46% to $14 billion so far in June on shipment growth

Imports too rose by 98.33 per cent to $19.59 billion during the period, the data showed

Exports zoom 69% to $32.27 bn in May; trade deficit rises to $6.3 bn

On a sequential basis, they grew 5.35 per cent and 8.1 per cent as compared to May 2019

Exim Bank sees India's Q1 merchandise exports at $87.2bn

Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to reach $87.2 billion.

Telangana IT exports clock 13% growth at Rs 1.45 lakh crore in FY21

Despite the Covid pandemic, Telangana recorded nearly 13 per cent growth in IT and ITeS exports at over Rs 1.45 lakh crore over last fiscal, Minister for IT and Industries KT Rama Rao said

China's imports up 51% yoy in May, grow at fastest pace in a decade

Exports in dollar terms grew 27.9% in May from a year earlier, slower than the 32.3% growth reported in April and missing analysts' forecast of 32.1%