Principle commodities mark positive export growth, but overall exports shrink
Global headwinds and recessionary trends in India’s biggest export destinations have led to the sequential fall in Indian merchandise exports.
Global headwinds and recessionary trends in India’s biggest export destinations have led to the sequential fall in Indian merchandise exports.
The present exports' figures from Rajasthan were calculated at Rs 77,771 crore in the year 2022-23 as against Rs 46,476 crore in the year 2017-18.
Buoyed by friendly government policies and production-linked incentive (PLI) scheme, India is set to cross Rs 1,20,000 crore in mobile exports in the current fiscal year (FY24), driven by tech giant Apple, the top electronics industry body told IANS on Tuesday.
US crude oil imports decreased while exports increased during the week ending March 10, the US Energy Information Administration (EIA) said in a report.
Union Minister Piyush Goyal has said that India's overall export figure for last year had already crossed in the month of February and expressed confidence that merchandise and services exports would touch USD 750 billion in 2022-23 (April-March).
"Non-petroleum and non-gems and jewellery exports in September 2021 were $25.34 billion, as compared to $21.33 billion in September 2020, registering a positive growth of 18.82 per cent,"
The rise in India's exports could be attributed largely to the low base effect, pick-up in growth in advanced economies and the resultant increase in global import demand, India Exim Bank said
The authority will negotiate with Siam Bioscience Co. and recommend that the manufacturer supply the vaccine to Thailand
EXIM Bank CGM Prahalathan Iyer on Tuesday said that West Bengal is the 10th largest exporting state.
The Company sold 12.73 Lakh Tonnes in the domestic market while it exported 3.10 Lakh Tonnes of steel during July’20, attaining a growth of 29% and 349% respectively over CPLY.