Page 29 - Trade Exports

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

India, South Africa IP waiver proposal got tremendous mileage at WTO

India and South Africa had submitted a joint proposal for waiving some sections of the TRIPS agreement

Exports up 52.39% to $7.71 bn during June 1-7 on healthy shipments growth

India's exports grew by 52.39% to USD 7.71 billion during first week of this month on account of healthy growth in shipments in sectors including engineering, gems and jewellery and petroleum products

US trade deficit dips to $68.9 billion amid improving global economy

The improving economic situation overseas drove up demand for American goods while domestic demand for imports slowed.

Exporters' profit margins under pressure even as demand picks up

Merchandise exports nearly trebled in April to $30.63 billion over the same period last year

Global trade rebounds in Q1 of 2021 on Asian exports, pandemic demand

Global trade enjoyed a record rebound in the first quarter of 2021, according to UN estimates, growing 10 per cent year-on-year largely on the back of booming exports from East Asia

Exports jump three-fold to $30.6 bn in April on low base effect: Govt data

Imports rose to $45.72 bn in April from $17.12 billion, data showed; trade deficit widened to $15.1 bn

Waiting for members to start talks on TRIPS waiver, tech transfer: WTO

The director-general also praised India for exporting vaccines to other countries.

India, UK unveil 10-year road map to elevate bilateral trade partnership

Announce £1 bn worth of new investment