June 28, 2022 08:49 (IST)
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India’s services exports hit record $254.4 billion in FY22

New Delhi: India’s Services exports set a new record of $254.4 billion in the financial year 2021-2022, the Ministry of Commerce & Industry said Wednesday.

India’s pharma exports grow by 103 pc since 2013-14

New Delhi: Indian pharma exports witnessed a growth of 103 percent since 2013-14, from Rs 90,415 crores to Rs 1,83,422 crores in 2021-22. 

Despite Covid-19, turbulent geopolitical situation, India's exports remain robust: RBI

Mumbai: Despite the turbulent geopolitical situation and the recent spike in global oil and commodity prices, demand for the country's exports and key commodities remained strong, observed Shaktikanta Das, Governor, Reserve Bank of India.

India overshoots export target; achieves USD 417.8 billion exports in 2021-22

New Delhi: Merchandise exports from India have reached USD 417.8 billion in the current financial year, officials said on Sunday.

India achieves highest ever $400 billion goods export target ahead of the end of FY22

New Delhi/IBNS: India hit the $400 billion export mark on Wednesday, a target it had set for for FY22.

Russia retaliates against Western sanctions with export bans: Report

Russia has retalited to the western sanctions to isolate it for invading Ukraine by imposing export bans on a host of products until the end of 2022, BBC reported.

India’s exports increase by 36.76 pc YoY in Jan

New Delhi/IBNS: India’s overall exports (Merchandise and Services combined) in January 2022 are estimated to be $ 61.41 billion, exhibiting a positive growth of 36.76 percent over the same period last year and a positive growth of 38.90 percent over January 2020.

India emerges as largest exporter of cucumber and gherkins: Govt

New Delhi/UNI: India has emerged as the largest exporter of cucumber and gherkins in the world, Commerce Ministry said on Sunday. 

Exports surge in Dec, trade deficit widens

New Delhi/UNI: India’s merchandise exports in December 2021 grew 38.91 percent year-on-year at $37.81 billion, as compared to $27.22 billion in December 2020.

Exporters fear 200-400 pc jump in freight costs will drive buyers to other markets

New Delhi/UNI: The 200-400 per cent increase in sea freight charges is fast eroding exporters' profitability thus partially negating the gains from high double-digit growth in outward shipments and leaving little funds for capacity expansion.

India records export fall in June but posts trade surplus in a decade as coronavirus hits import

New Delhi/IBNS: India has exhibited a negative growth in overall exports (merchandise and services combined) in April-June 2020-21 at USD 101.02 billion, which is down by (-)25.92 per cent over the same period last year, as per data released by Ministry of Commerce and Industry on Wednesday.

Trade in many developing countries projected to ‘nosedive’, warns UNCTAD

New York/IBNS: Trade in many developing countries is expected to take a “nosedive” in the second quarter of 2020, owing to the unprecedented effects of the coronavirus pandemic, UN economists said on Tuesday.

DGFT amends restriction on export of alcohol based hand sanitizer

New Delhi/IBNS: India's Directorate General of Foreign Trade (DGFT) has amended the restriction on export of alcohol based hand sanitizer vide a notification issued on June 1, according to the department.

Indian exports and imports nosedive in March

New Delhi/ IBNS: Indian exports and imports declined by record volumes in March, as countries across the world sealed their borders to fight the COVID-19 outbreak.

India's export to retain healthy growth despite world protectionism: Suresh Prabhu

New Delhi, July 25 (IBNS): Despite increasing global protectionism, India’s export will continue to register healthy growth rates and is expected to touch USD 350 billion in the current fiscal,  Union Minister of Commerce and Industry Suresh Prabhu said in New Delhi on Wednesday.