Tag: Export
17 Results
-
Trade representatives seek greater support for export sector from Finance Minister
An increase in personal tax exemption and deduction limits and greater support for the exports sector were some of the key demands which were made before Finance Minister Nirmala Sitharaman by the trade and service sector representatives, who met her on Thursday as part of pre-budget consultations.
November 24, 2022 -
India’s export declines by around 17% to $29.78 billion
India's exports declined by 16.65% to $29.78 billion in October 2022 in comparison to the same period a year ago, according to data released by the commerce ministry on Tuesday.
November 15, 2022 -
Government allocates export quota of 60 LMT to all sugar mills
The Central Government has prioritized the availability of about 275 Lakh Metric Tonnes (LMT) of sugar for domestic consumption, about 50 LMT sugar for diversion to ethanol production, and has a closing balance of about 60 LMT as of 30.09.2023.
November 6, 2022 -
Centre allows export of 60 LMT sugar
In order to stabilize sugar prices and also the financial positions of sugar mills in the country, the Centre has allowed the export of sugar up to 60 lakh metric tonnes (LMT) during the sugar season 2022-23.
November 6, 2022 -
India smartphone shipments fell 6% in Q3, Xiaomi leads
India saw 44.6 million smartphone shipments in the third quarter this year, a 6 per cent decline from the previous year dragged by a lacklustre low-end segment.
October 23, 2022 -
India’s exports rose to $61 billion in September
India's overall exports went up to $61.10 billion in September, according to data released by Commerce Ministry on Friday. These were 10.2 per cent higher than the corresponding period of last year.
October 15, 2022 -
India emerges as the world’s largest producer, consumer of sugar
In sugar season (October-September) 2021-22, a record over 5,000 lakh metric tons (LMT) of sugarcane was produced in the country, out of which about 3,574 LMT was crushed by sugar mills to produce about 394 LMT of sugar (sucrose). Out of this, 35 LMT sugar was diverted to ethanol production, and 359 LMT sugar was produced by sugar mills.
October 5, 2022 -
High production cost of Sugar in UP likely to adversely impact its export
As against a projected sugar production of over 100 MT in the upcoming crushing season (2022-23), the state's own consumption is likely to remain at 40 MT, leaving a vast chunk of sugar to remain stored in the mills if the state fails to push its stock in the national market, sources said.
September 29, 2022 -
Broken rice in transit allowed for exports till Oct 15 with certain coditions
Broken rice in transit with certain conditions will be now allowed for exports till October 15, a new notification by the Directorate General of Foreign Trade said late on Tuesday.
September 28, 2022 -
Engineering goods exports to China, EU fall on demand slowdown
Continuing the downtrend, engineering goods exports to China nosedived over 70 per cent in August 2022 to $173.7 million as compared to $619.5 million in the same month last year. As per EEPC India analysis, engineering exports to the European Union (EU) fell 27.3 per cent year on year to $1.47 billion.
September 24, 2022 -
Currency turmoil
If the current pace of depreciation continues unchecked, it seems inevitable that the reserve will shrink at a fast pace.
August 29, 2022 -
Export alarm
But this does little to dispel the unease about Korea’s own deficit. It is unusual for Korea to suffer trade deficits with China for three successive months.
August 8, 2022 -
Air Cargo Complex to come up soon at Udaipur Airport
Possibilities of import of handicrafts from Udaipur, building stones, minerals and export of fruits and vegetables and supplies from local industry were explored for the new air cargo.
August 5, 2022 -
State explores export possibilities of Bengal mangoes
The state government’s department of food processing, industries and horticulture with the Indian Chamber of Commerce has organized Bengal Mango Utsav 2022.
June 24, 2022 -
Govt. announces some relaxation in wheat export notification
The government also allowed a wheat consignment headed for Egypt, which was already under loading at the Kandla port.
May 17, 2022 -
India has truly gone from ‘local to global’: Piyush Goyal
Expressing confidence that India's economy is poised to break several records, Goyal said that PM Modi had set lofty goals for India and that our nation is extremely capable of achieving such immense goals by sheer hard work.
April 3, 2022 -
Russia-Ukraine war open gates for Indian products to flourish in Russia: CAIT
Earlier Russia was importing a large number of FMCG and consumable goods from USA, UK and European Countries which has now stopped because of the sanctions on Russia.
April 1, 2022