Page 20 - India Exports

Walmart commits to sourcing $10 bn of India-Made goods each year by 2027

To accelerate its India exports, Walmart will strengthen the development of the supply chain ecosystem in India

RBI eases banking and document handling procedures for exporters

Moves come as a major relief to a sector that is struggling to recovery from the impact of Covid-19

India's exports fell 9% in Nov, in second straight month of decline

Outbound shipments in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier

Exports may be muted as WTO warns of growth slowdown in global trade

Exports had recovered 5 per cent in September after months of contraction.

India poised to export hand sanitiser bottle dispensers, says govt

India is poised to export hand sanitiser bottle dispensers thanks to interventions by the technology centres and tool rooms under the MSME ministry, the government said on Thursday.

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion

Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020

Exports show signs of improvement, up 22.47% during November 1-7: Official

Showing signs of improvement, the country's exports grew 22.47% year-on-year to 6.75 billion in the first week of November, driven by healthy growth in pharmaceuticals, gems and jewellery sectors

India's exports decline 5.4% in October to $24.82 billion: Govt data

Exports during April-October 2020-21 stood at $150.07 billion, registering a decline of 19.05 per cent over the same period last year

India's exports rise 6% to $27.58 bn in Sept, imports decline 19.6%

The trade deficit in September was $2.72 billion, compared to $11.67 billion in the year-ago month

Exports rise for the first time in seven months, up 5% in September

Development marks yet another sign of revival as imports continue to decline, albeit at a slower pace, trade deficit shrinks

Self-reliance in manufacturing stumbles on massive import dependence

During 2018-19, foreign exchange spending mostly on capital goods stood at 25.5 per cent of total sales

August exports shrink 12.6%, trade deficit hits 4-month high of $6.77 bn

Import contraction restricted to 26 per cent in August due to surge in gold purchases from abroad

Govt decision to limit export incentives under MEIS to hurt TVS Motor most

Profits of Bharat Forge, Bajaj Auto and Balkrishna Industries will also be hit

India exports only 1% of wheat, pulses and fruits, says parliamentary panel

It called for upgrading agri infrastructure, improving efficiency levels in the supply chain and putting emphasis on value addition.

Imports from related party will be scrutinised by Customs: Expert

Rule 3(3)(a) of the Customs Valuation Rules, 2007 provides that where the buyer and the seller are related, the circumstances surrounding the sale will be examined

Iron, steel sold to China arrest plunge in engineering exports in June

Shipments to China rose by over 1,400 per cent to $524 mn in June from just $35 mn in the same month last year

India a small net exporter after 18 yrs even as merchandise shipments dip

Country may see current account surplus for the second quarter in a row in Q1 of FY21

If the imported goods found defective can be re-exported, says expert

The specific provision under the Customs Act, 1962 is Section 26A that allows refund of import duty if the imported goods are found defective

Raw materials continue to dominate India's top exports to China

Tough talk on Chinese goods in FY20 leads to lower imports, narrowing trade gap

Covid-19 crisis: Govt allows PPE exports after prices crash over 65%

Prices of some grades of PPE have crashed by over 65 per cent in the last one and a half months owing to glut in the domestic market.