Export Illusion
China’s latest economic numbers expose a contradiction that has been building for years.
China’s latest economic numbers expose a contradiction that has been building for years.
In a push to invigorate the blue economy and transform Odisha into a leading shrimp-producing and exporting hub, the State Cabinet on Wednesday approved a comprehensive regulatory framework and operational guidelines for shrimp aquaculture, targeting a threefold increase in seafood exports to Rs 15,000 crore by 2036.
India’s relationship with fibre is civilisational, 5,000 years deep, woven into our villages, our traditions, and our collective identity. From the legendary muslins of Mohenjodaro, celebrated as “woven air”, to the craftsmanship that travelled across continents, fibre has always been the lifeblood of our rural economy.
The big news from Tokyo is that the Japanese Diet on 21 April sharply eased its arms export rules, allowing in principle the overseas transfer of finished defence equipment, including lethal weapons.
The landmark decision aims to provide a level playing field for exporters using the postal channel and to foster a more inclusive ecosystem for cross-border e-commerce.
Kenya on Wednesday allowed the sale and export of raw macadamia nuts for a period of 30 days, lifting a ban that was imposed early last month.
For the month of October, India's gems and jewellery exports grew by 9.18 per cent to USD 2,998.04 million (Rs 25,194.41 crore) due to revival in demand for cut and polished diamond, the Gem and Jewellery Export Promotion Council (GJEPC) said.
During the past five years, India's export has witnessed healthy gains in multiple sectors particularly petroleum, gemstones, agrochemicals and sugar, the Commerce ministry data said.
Leading automaker Maruti Suzuki India on Tuesday said it sold 184,727 vehicles in the month of August, up from 181,343 units sold in the same month last year.
As part of the ‘Make in India’ initiative, the government on Wednesday announced it would promote both Indian alcoholic and non-alcoholic beverages globally, with a target of $1 billion in export revenue over the next few years, amid a surge in global demand for Indian spirits.
