Page 29 - Exports

Identify sectors to boost exports, self-reliance: Gadkari to industry

To boost 'self-reliant India' endeavour, Nitin Gadkari urged the industry to identify sectors heavily reliant on imports, especially from China, and look for substitutes towards indigenous production

US trade deficit drops in June as exports rise at twice the rate of imports

Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May

Gradual pick-up in export consignments prompts ports to push volumes

JNPT back to handling 12,000 containers per day; Essar Ports performing at pre-Covid levels; Adani Ports Q1FY21 throughput 27% down YoY

Local demand to prop up crop protection SMEs: CRISIL SME Tracker

Exports, which account for 55 per cent of the pie, are likely to decline by 3 per cent due to lower demand from key importing nations such as the US, Brazil and France

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

Rate of contraction in gems and jewellery exports slows down in June

Though the June figure compares poorly YoY, it's much better than April and May

The myth of India's import dependence

If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade

Customs told to clear all Chinese shipments with entry bills till June 30

"The rationale for the June 30 midnight deadline is not very clear," said a government official.

Rupee depreciation to help boost Indian farm, textile and jewellery exports

However, the country could lose the currency edge if the monetary units of its competitors also decline, as in the case of Brazil, Indonesia and Turkey

Govt lifts ban on PPE exports, sets a monthly quota of 5 million units

Industry hails move, wants Government to allow N95 masks too

China provides tariff exemption for 97% of exports from Bangladesh

Currently, 3095 Bangladeshi products enjoy duty-free access to Chinese market under Asia-Pacific Trade Agreement (APTA).

Covid-19 impact: After 60% fall in April, exports shrink another 36% in May

Trade deficit at only $3.15 Billion as crude, gold imports continue to drop

As Chinese furniture exports hit a wall, Indian makers sense an opportunity

Domestic players eager to compete but seek friendlier policy

Connectivity provides a stronger foundation for exports: Harsh Shringla

He said, the pandemic has highlighted the global shortage of trained personnel in various sectors, especially in health care and the digital domain

Refrain from restrictions on exporting medical supplies: IMF chief Gopinath

Gopinath said that these are difficult times in terms of globalisation for dealing with this pandemic

No proposal to ban exports of buffalo meat and fish, says govt in RS

Replying to a supplementary, the minister said India exports buffalo meat and fish to the tune of Rs 70,000 crore

PMI: India's services sector growth hits 7-year high of 57.5 in February

Exports zoom but job growth at 3-month low

China's economic slump over Coronavirus to cut global exports by $50 bn: UN

The study pointed out that "any disruption of China's output is expected to have repercussions elsewhere through regional and global value chains."

India can fill up export space vacated by China over coronavirus: Assocham

It said Indian exporters of electronics, pharmaceuticals, speciality chemicals and automobile segments depend on China for raw material and are facing supply constraints

Hyundai February sales dip 10% to 48,910 units; exports down 22%

The company had sold 54,518 units in the same month last year