Imports too rose to $45.45 billion last month as against $17.09 billion in April 2020
The commerce and industry ministry has convened a meeting of exporters on April 20 to discuss export situation against the backdrop of surging coronavirus cases
As work from home became the new normal due to the Covid-19 pandemic, Broussard said thousands of our e-commerce sellers from India played a key role in serving customers globally during this period.
Trade deficit widens to $14 billion despite 54% jump in imports
Trade deficit during March 2021 widened to $13.93 billion from $9.98 billion in March 2020
Amazon India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly one million jobs in the country
Exports of engineering goods from the country recorded an impressive 70.28 per cent growth in March.
Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan
According to the government's assessment, total backlog at the waterway is likely to be cleared in a week' time
India is, however, not officially banning Covid-19 vaccine exports. "This is a temporary move until the supply situation stabilises in the country," said a person close to the development
The FIEO says the e-module is a first-level marketplace where exporters can post their container demands online, which will help in ground-level assessment of containers required in the country
A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports
Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March
WTO's India review shows protectionism has alienated partners
You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill
India's exports marginally declined 0.25 per cent to $27.67 billion in February
Experts say this may have repercussions on Indian exports
Amazon led the segment both in value and volume market shares (80 per cent market share) while Google managed 11 per cent market share by volume in 2020
Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent
Exports of pharmaceuticals and engineering grew 16.4 per cent to $293 million