Page 15 - India Exports
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'")
Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade
India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall
 "Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade")
Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1
The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines
 "Top Headlines: WTO members reach deal, advance tax collection up 48% in Q1")
Exports rise 20.55% to $38.94 bn in May; trade deficit at record $24.29 bn
India's merchandise exports in May rose by 20.55 per cent to $38.94 billion, while the trade deficit ballooned to a record $24.29 billion, according to the government data released
 "Exports rise 20.55% to $38.94 bn in May; trade deficit at record $24.29 bn")
Iran, Taiwan reject Indian tea shipments citing phytosanitary issues
Taiwan and Iran have rejected three containers of tea sent from India due to phytosanitary issues and presence of pesticides beyond permissible limits
 "Iran, Taiwan reject Indian tea shipments citing phytosanitary issues")
India aims to double marine product exports to Rs 1 trn in 5 years: Goyal
India aims to double marine product exports to Rs 1 lakh crore in the next five years from the present around Rs 50,000 crore, Union Minister of Commerce and Industry, Food & Public Distribution and Textiles Piyush Goyal has said.
 "India aims to double marine product exports to Rs 1 trn in 5 years: Goyal")
Piyush Goyal asks spice exporters to maintain quality to sustain growth
Union Minister of Commerce and Industry Piyush Goyal asked the spice exporters to strive to maintain the comparative advantage to sustain the growth in the spice sector
 "Piyush Goyal asks spice exporters to maintain quality to sustain growth")
Govt looks to restructure export promotion councils, aims to boost growth
The government has delegated PwC India the responsibility of preparing the primary report
 "Govt looks to restructure export promotion councils, aims to boost growth")
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
 "From wheat to steel, India can't afford to lose the world's trust on trade")
India has no plans to curb rice exports as local supplies surge: Report
India banned wheat exports on May 14, just days after New Delhi forecast record shipments of 10 million tonnes this year
 "India has no plans to curb rice exports as local supplies surge: Report")
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
Egypt says government purchases exempted from India's wheat exports ban
India said it would still allow exports backed by letters of credit that were already issued, and sales to countries that request supplies "to meet their food security needs"
 "Egypt says government purchases exempted from India's wheat exports ban")
Netherlands jumps 5 places to become India's 5th-largest export destination
Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place
 "Netherlands jumps 5 places to become India's 5th-largest export destination")
India prohibits wheat exports with immediate effect to calm local prices
Trade sources said the decision to ban all sorts of wheat exports with immediate effect will immediately cool down the market prices of wheat and bring it closer to the MSP of Rs 2,015 per quintal
 "India prohibits wheat exports with immediate effect to calm local prices")
Exports up 30.7% to $40.19 bn in April; trade deficit widens to $20.11 bn
India imported goods worth $60.3 billion, up nearly 30 per cent on year in April
Top Headlines: Wheat export push, CBDT's ITR guidelines, and more
Here are the top Business Standard headlines on Friday
 "Top Headlines: Wheat export push, CBDT's ITR guidelines, and more")
Toyota to make EV parts in India for domestic, countries in ASEAN bloc
The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, says executive.
 "Toyota to make EV parts in India for domestic, countries in ASEAN bloc")
As Black Sea supplies fall, India sells record 1.4 mn tonnes wheat in April
India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February
 "As Black Sea supplies fall, India sells record 1.4 mn tonnes wheat in April")
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
Govt may save Rs 9,000 crore in claims under export promotion schemes
In April, exports grew 24.2 per cent year-on-year to their third-highest level of $38.2 billion, on the back of higher commodity prices