Page 17 - Indian Exports

India's manufacturing exports may touch $1 trillion by FY28: Bain

The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery

Exports likely to record reasonable level of growth in 2022-23: Goyal

The country's exports are likely to register a "reasonable level" of growth in the current financial year despite the global uncertainties on the trade front, Minister Piyush Goyal has said

After wheat, India now curbs the export of wheat flour and related products

The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any outbound shipment

Indian influence in South Asia declines as China expands foothold

China's exports to the region grew over five times between 2005 and 2020

The long-term hurdles to India's export growth

No country has succeeded in becoming a merchandise export powerhouse unless its quality standards are uniformly high

Govt's move to tax fuel export will impact policy change in energy sector

The export tax on fuels and cess on domestic crude oil production are likely to add to the climate of policy uncertainty in the energy sector

The rupee's 'new lows': Why it's not necessarily a cause for concern

The framers of a 'strong currency' policy ignore that almost every country with a successful long-term record of development has pursued a 'weak currency' policy, writes T N Ninan

Govt watchful, mindful of impact of declining rupee on imports: Sitharaman

Depreciation of rupee makes India's imports costlier, while on the other hand exports become attractive.

War, US inflation impact: Export demand from big partners may taper off

Demand for items, such as steel, apparels, leather, iron ore has been lukewarm from some of India's largest export partners, such as the United States (US), European Union (EU)

FTAs with UK, EU to open new opportunities for domestic exporters: FIEO

The proposed free trade agreements (FTAs), including with the UK, European Union and GCC would open new opportunities to boost India's exports in these markets, FIEO President A Sakthivel said

UAE suspends exports and re-exports of Indian wheat for four months

UAE's economic ministry cited international developments that have affected trade flows as the reason behind the suspension

Exim Bank estimates India's merchandise exports at $117.2 bn in Q1FY23

The country's total merchandise exports are likely to be at USD 117.2 billion in the first quarter of FY23, according to India Exim Bank. The total merchandise exports stood at USD 95.5 billion in the corresponding quarter of the previous year, the bank said on Monday. Non-oil exports continue to witness a double-digit growth of 12.6 per cent, amounting to USD 93 billion, during the first quarter (April-June) of 2022-23, compared to USD 82.6 billion in the year-ago period. The rise in the country's exports could be attributed largely to the continued increase in global commodity prices, driven by supply shocks, enhanced price competitiveness owing to exchange rate movements, and benefits from possible trade diversion, as per the bank. The growth forecast may be subject to commodity price volatility and uncertainties in the global economy, mainly driven by the current geopolitical tension, it said.

Sluggish domestic and international demand may impact steel production

Steel prices were in correction mode before the government imposed the export duty, impacting about 95 per cent of the steel export basket. Post-export duty, prices fell further

India exported alcoholic products worth $322.12 mn during 2020-21

India has exported 2.47 lakh metric tonnes of alcoholic products, worth $322.12 million (approximately Rs 2,507 crore), during 2020-21, the commerce ministry said on Friday.

With ban exceptions, India's wheat export forecast to be 7 MT in 2022/23

Exception to India's wheat export ban are expected to support an export forecast of 7 million tonnes in 2022/23, remaining well above India's export average over the past five years

Indian rice farmers look forward to a good monsoon and a better harvest

Rice has come into focus recently on worries that India may restrict exports of the crop next, after similar moves in wheat and sugar

Top Headlines: Consumer sector deals rise; wheat mkts still on edge & more

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India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control

With a chapati crisis brewing at home, can India afford to feed the world?

As global temperatures rise 2 degrees Celsius or more above pre-industrial levels, the country's chapati challenge is only going to become more urgent

Top Headlines: Metro AG eyes India exit; CIL's slow growth, and more

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