Page 30 - Exports

India's sluggish animal spirits signal no recovery in economic growth

Businesses are pinning their hopes on a revival in consumer demand during the upcoming Diwali religious festival in India

India's export problem

Mere tinkering will not help

FM announces new tax refund scheme to help remove export uncertainty

From the next year, the Remission of Duties or Taxes on Export Products (RoDTEP) will replace the Merchandise Exports from India Scheme (MEIS) for all exported goods except textiles

Exports contract 6% in August, trade deficit narrows to $13.45 billion

The current account deficit is likely to decline substantially to $10-11 billion in the second quarter

Exports post marginal recovery in July; trade deficit narrows to $13.43 bn

Exports of employment-intensive leather and products saw a fall of 3.7%

Exports rise 2.25% to $26.33 bn in July; trade deficit narrows to $13.43 bn

Oil imports declined 22.15% to $9.6 billion

In mini trade war between Japan and South Korea, China may be the winner

Japan's move to restrict exports of certain materials to South Korea only hurts the big players and helps Beijing

Budget impact: Exports may be counted as local sourcing for retail

Allowing sourcing through a third party or group companies is yet another concession

Better infra, logistics to help exports touch $1 trn in 3 years, says FIEO

Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said India has huge potential to boost it's exports of goods and services from the current $535 billion

Delhi High Court agrees to hear petition against DRI norms on exports

The court has given the liberty to the petitioners to move an application for early hearing if there is any coercive action from the DRI during the pendency of the case

India's apparel exports to UAE decline 33% on higher import duty

India's overall exports of apparel or readymade garments were marginally lower at $16.1 billion, compared to $16.7 billion a year ago, according to data from the commerce ministry

UK exports to India grow at fastest rate among non-EU trading partners

Now more than ever is the time for UK businesses to be exploring opportunities overseas

September exports shrink by 2.15%, shipments by 16 of 30 sectors contract

Overall exports in September contracted by 2.15% to $27.95 billion mainly due to the base impact

Govt focusing on 9 sectors to boost exports; eyes 16% growth in FY18

Gems and jewellery, textiles, leather, engineering, electronics, defence, pharma, agri and marine products are the sectors

Govt mulls higher interest subvention covering all exporters to reduce CAD

The scheme allows small and medium exporters in labour-intensive sectors to take loans from banks at a lower rate of 3 per cent.

Trail of queries on rule change

For most exporters, the amount of IGST to be refunded might be much higher than the exemption they'd availed of on the import under advance authorisation

India's exports hit 6-month high; trade deficit widens as imports up 14.85%

The aftershocks of the Rs 140-billion Nirav Modi scam continued to affect the gems and jewellery sector

Letter to BS: India's exports saw a return to reasonably healthy growth

Officers posted in the mission, especially in the commerce division, should be given some targets to promote India's exports

March exports decline 0.66% to $29.11 bn; trade deficit widens to $13.69 bn

For full financial year, deficit stood at $156.83 bn, up from $108.50 bn in 2016-17, mainly due to rise in oil import bill

After 13-month recovery, exports fall 1.1% to $23 bn in October

Exports contracted 1.1 per cent in October year-on-year to $23.1 billion, the first fall in 14 months, as companies continued to struggle with issues related to the goods and services tax (GST). The decline was led by sharp falls in major labour-intensive sectors such as leather & leather products, gems & jewellery, handicrafts, readymade garments and carpets.Exporters had earlier warned that the double-digit growth in outbound shipment between July and September despite rollout of GST might not present a true picture, as there were advance orders. Exports had soared by 25.7 per cent to $28.6 billion in September, its highest growth in six months, with expansion in shipment of chemicals, petroleum and engineering products.Ironically, exports fell in a month when the GST Council addressed most of the complaints of exporters, though one important measure, e-wallets, would kick in only by the next financial year. Exporters grouse that the measures aren't being implemented at the