New Delhi: India's merchandise exports plummeted by 3% to $437 billion in the previous fiscal year, despite a fourth-quarter uptick.
Cupid Ltd inks deal for supply of female condoms to Brazil worth Rs 23 cr
Mumbai: Condom maker Cupid Ltd on Wednesday said it has signed an agreement to supply 5.9 million pieces of Female Condoms (FC) in Brazil.
India-Singapore bilateral trade jumps 18% to USD 35.6 billion in FY23
Singapore: India-Singapore bilateral trade rose to USD 35.6 billion in 2022-23, a growth of 18.2 percent on the year, media reported.
APEDA facilitates India’s first commercial trial shipment of Sangola pomegranates to the US via sea
New Delhi: India successfully flagged off its first commercial trial shipment of pomegranates to the United States via sea on Wednesday.
India's engineering goods exports reach $10.04 billion
Kolkata: India's engineering goods exports grew 10.20 percent year-on-year to $10.04 billion in December 2023 despite several challenges stemming from geo-political tensions and tight financial conditions in major advanced economies, according to EEPC India
India's November merchandise deficit narrows by 2.84% YoY to $20.58 billion
New Delhi: After reaching a record high in October, India's merchandise trade deficit contracted to $20.58 billion in November 2023, primarily due to a substantial decline in gold imports, as reported by the commerce ministry on December 15.
Walmart increases imports from India to benefit from cheaper imports
Bengaluru: Walmart is increasing its import of goods to the United States from India and decreasing its dependence on China in an effort to reduce expenses and broaden its supply chain, Reuters reported.
E-commerce exports may touch $200 billion in 6-7 years: DGFT
New Delhi: The Indian e-commerce export sector has the potential to touch $200 billion in next six to seven years, a top government official said on Friday
Amazon targets $20 billion merchandise export from India by 2025
Amazon aims to achieve $20 billion in merchandise exports from India by 2025, Reuters reported, citing a company official.
India inks deals to export 500,000 metric tons of Basmati rice: Report
New Delhi: India has entered into agreements to export about 500,000 metric tons of newly harvested basmati rice, making the most of the strong demand from key markets in Europe and the Middle East, Reuters reported citing rice traders.
India's imports from Russia soar 67% to $30.42 billion in April-Sept
New Delhi: India's imports from Russia in the April-September period of this fiscal year surged by approximately 67 percent to USD 30.42 billion.
India’s share in world food grains market based on export values stands at 7.79% in 2022
New Delhi: India’s share in the world food grains market, based on the exported values in 2022, was 7.79%, the Ministry of Commerce and Industry said.
India's May services exports show 7.7% growth to $27.06 billion, says RBI
Mumbai: India's services exports in May increased by 7.7% year-on-year to $27.06 billion, while imports rose by 2% to $15.5 billion, according to provisional data released by the Reserve Bank of India (RBI) on Monday.
India’s seafood export jumps to 17,35,286 MT worth US$ 8.09 billion in FY 2022-23
New Delhi: India achieved an all-time high export of seafood both in terms of volume and value, both in US $ and Rupee terms, by shipping 17,35,286 MT of seafood worth Rs 63,969.14 crore (US$ 8.09 billion) during FY 2022-23 despite several challenges in its major export markets like USA.
India's goods exports to touch USD 773 billion by 2030, says report
New Delhi: Registering annual growth rate of 7.5%, India’s exports of goods could reach US$ 773 billion by 2030 with exports to Turkiye, Vietnam and Indonesia to be among the highest-growing export destinations, said a Standard Chartered Bank report on Wednesday.