Page 29 - Trade Exports

India's sea cargo tonnage near pre-pandemic levels

Reaching the pre-pandemic levels in exports and imports, even in volume ter­ms, is no mean achievem­ent

RIL, HDFC, TCS power 673-pts rally in Sensex; Nifty tops 17,800; banks soar

The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.

Covid-19 variant Omicron may put India's export growth in slow lane

With the US and parts of Europe witnessing more than 100,000 Covid-19 cases a day, exporters expect some disruption

India's wheat exports rise to $872 million in April-October period

In volume terms, wheat exports during the said period rose by more than 527 per cent to 3.2 Million Tonnes (MT)

Exporters across sectors are flushed with orders for next fiscal: FIEO

Additional exports will come from some of the PLI (production-linked incentive) sectors in the next fiscal, it said

Re-import of steel cylinders should be exempted from SIMS registration

See no reason to cover re-imports of such Indian origin goods under SIMS

US considers banning key exports to Chinese chipmaker SMIC: Report

US officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical technology

India unseats Brazil as No.1 food supplier to Arab nations after 15 years

The Arab world is among Brazil's most important trade partners, but its distance from those markets took its toll as the pandemic rattled global logistics

United States trade deficit narrows in October as exports rebound

The October deficit was 17.6per cent below the all-time peak in September of $81.4 billion

WTO negotiations on services regulations conclude

Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries

Slow exports growth takes trade deficit to record high of $23 billion

The current account balance is widely expected to turn into a deficit at around one per cent of GDP during 2021-22

Draft agreement on fisheries subsidies submitted to ministers: WTO

The chair of the fisheries subsidies negotiations at WTO has submitted a draft agreement -- aimed at banning subsidies for illegal, unreported and unregulated fishing

Centre allows Bharat Biotech to begin commercial exports of Covaxin

Bharat Biotech made 55 million doses of Covaxin in October, and aims to make 80 million doses in December.

Domestic exporters may soon start shipments of mangoes to US: Official

Domestic exporters may soon start shipments of mangoes, such as 'Dasheri' and 'Langda', to the US as America will start accepting testing certificates of specified agencies of India

Indian economy will survive headwinds from a taper by US Fed, says FinMin

The Centre's fiscal deficit touched just 35 per cent of the Budget Estimates in the first six months of 2021-22

China posts record trade surplus in October on galloping exports

China's trade growth has remained well above pre-pandemic levels all year

India's share of exports declines among developing countries in 2020

China, the Republic of Korea, and Mexico remained the top traders among developing economies, says WTO report

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