Page 29 - Trade Exports

Persistent increase in commodity prices to hurt margins: Apollo Tyres

Firm says it needs 20-25 per cent price hike to offset increase in input costs

50,000 traders lose jobs due to closure of Chaman crossing at Pak-Af border

Around 50,000 small and medium traders have lost their jobs due to the closing of the border

Changing economic order

India needs to do more to tap global markets

As trade pick up, exporters worried about competitiveness challenge: Survey

As global trade picks up pace after the ravages of the pandemic, an industry lobby's survey has found that an overwhelming number of exporters are worried about competitiveness

Govt's current foreign trade policy likely to continue till March 31

For this fiscal year, the main target is to accelerate exports and reach the $400-bn aim

TN eyes $100 billion exports by 2030, signs MoUs worth Rs 2,120.54 crore

Tamil Nadu signed Memorandum of Understanding for 24 projects worth Rs 2,120.54 crore, while Chief Minister M K Stalin said government's goal is to increase state's exports to $100 billion by 2030

China trade unexpectedly surges to new records on strong US, EU demand

The pickup came despite disruptions at China's second-largest port last month due to fresh virus outbreaks, which caused congestion and pushed up shipping costs

Exports to ASEAN estimated at $46 billion in FY22, says Anupriya Patel

India's engineering exports during April-July was $35.3 billion and is expected to achieve the target set for fiscal 2021-22 at $ 105 billion

Govt to offer incentives to boost exports, notifies RoDTEP rates

The rates for different sectors include 0.5%, 2.5% and 4%

Top headlines: Restructuring of I-T dept, highest-ever monthly exports

Business Standard brings you the top headlines of the day

PM Narendra Modi unveils strategy to boost exports

Interacting with Heads of Indian Missions abroad and stakeholders of trade and commerce virtually, Modi pointed out four factors that are very important for accelerating outward shipments from India

US trade deficit jumps to record high in June on strong import growth

The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high

PM likely to address officials, heads of missions on exports on Aug 6

PM Modi is likely to address on August 6 heads of missions of different countries, senior government officials from the Centre and states and representatives of export promotion councils

Exports rise 45% to $22.4 bn during July 1-21: Commerce ministry data

The country's exports grew 45.13 per cent to $22.48 billion during July 1-21 on account of healthy growth in sectors such as gems and jewellery, petroleum and engineering

Think tank recommends India to establish new trade negotiating body

A think tank paper has recommended India to establish a new body of experienced trade negotiators with a designated trade representative within the ministry of commerce

Govt approves extension of RoSCTL scheme till 2024 for textiles exporters

Garment exporters will continue to get a rebate on central and state taxes on their outward shipments as the government on Wednesday approved extension of RoSCTL scheme till March 2024.

India's exports during Q1 rise to $95 bn, highest ever in a quarter: Goyal

Commerce and Industry Minister said the ministry will work with all the stakeholders concerned to achieve the target of $400 bn exports in FY22

Individuals need not obtain IEC to import for personal use: Expert

The Customs can refuse permission under Section 46(5) if the interests of revenue are adversely affected.

India exporting cereals to newer destinations, says commerce ministry

India has started exporting cereals like rice and wheat to new destinations, including Puerto Rico, Yemen and Poland, with a view to push agricultural shipments, the commerce ministry said

India's sugar exports touch 4.25 mn tonnes so far this year: AISTA

Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said