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.
The report further said that in the financial year 2023-24, the two-wheeler exports declined by 5.3% Y-o-Y to 3.458 million units.
In a surprising turn of events, India has extended its ban on onion exports indefinitely, sending ripples through both domestic and international markets.
Main drivers of merchandise export growth in February 2024 include Engineering Goods, Electronic Goods, Organic and Inorganic Chemicals, Drugs and Pharmaceuticals and Petroleum Products, the commerce ministry said.
The country has set a target of defence exports worth Rs 50,000 crore by 2028-29, he added.
As the wheat stocks in government godowns hit a seven-year low, concerns about food security reverberate across the nation. The current inventory of 163.5 lakh tonnes, though above the minimum buffer level, signifies a delicate situation.
