March 29, 2024 02:20 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63 | NIA arrests key conspirator in Bengaluru cafe blast case | Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI

Agri and processed food products export up by 16pc to $17.43 billion in Apr-Nov FY23

New Delhi/IBNS: The exports of agricultural and processed food products rose by 16 percent to $17.43 billion in the April-November period of the current FY23 in comparison to the same period last fiscal, as per government data released on Friday.

RBI allows banks to open 12 'vostro accounts' to facilitate rupee acceptance in international trade

New Delhi: In a move to facilitate import-export trade in the rupee, the Reserve Bank of India (RBI) permitted banks to open “vostro accounts”.

India's balance of payment may go into $45-50 bn deficit in FY23

​India's balance of payment is expected to be in deficit by $45 -50 billion in FY23 but this deficit can be managed comfortably with foreign exchange reserves at a healthy $531 billion, according to a report in the media.

Centre allows international trade settlements in Indian Rupees

New Delhi: The government has amended the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees for invoicing, payment, and settlement of exports/imports, the Ministry of Finance said Wednesday.

India-China bilateral trade crosses $ 100 billion in Jan-Sept period: Report

India-China bilateral trade has crossed $ 100 billion for the second year in the first nine months of 2022 while India's trade deficit widened to more than $ 75 billion, media reports said citing data released by China's General Administration of Customs (GAC).

India can be two and three wheeler exporting hub: Amitabh Kant

New Delhi/UNI: India has huge growth potential in the battery storage segment, on the back of which the country can become a two and three-wheelers exporting hub, ex-CEO at Niti Aayog Amitabh Kant said on Friday at the ninth Public Affairs Forum of India (PAFI) meet.

Legislative and policy measures taken to boost exports through eCommerce: Union minister Som Parkash

New Delhi: The government has taken several steps for increasing exports through e-Commerce, including various legislative and policy measures for e-commerce keeping in mind the retailers, Minister of State for Commerce and Industry Som Parkash told Lok Sabha in a written reply on Wednesday.

GDP share of goods and services exports surges to 21.4 pc in 2021-22 from 18.7 pc in 2020-21

New Delhi: The share of exports of goods and services in GDP has increased from 18.7 percent in 2020-21 to 21.4 percent in 2021-22.

RAMP & CBFTE schemes will make India sourcing hub for global players across value chain: EEPC India Chairman

New Delhi: EEPC India Chairman Mahesh Desai has said that the launch of the Capacity Building of First-Time MSME Exporters (CBFTE) scheme would give further thrust to the export sector and help India become a sourcing hub for global players across the value chain.

India's FY 2021-22 marine product exports jump by over 30 pc to USD 7.76 billion

New Delhi: India shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during 2021-22, despite heavy odds,  the Ministry of Commerce and Industry said Thursday.

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.