Clipped from: https://economictimes.indiatimes.com/news/defence/indias-defence-exports-in-past-7-years-have-crossed-rs-38000-crore-rajnath/articleshow/88089873.cmsSynopsis Reiterating the government’s focus on encouraging exports, the minister expressed hopes that India will soon become a net exporter from a net importer.
Category: EXIM
Soaring imports to push India’s CAD to 1.9% this fiscal year : Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/soaring-imports-to-push-india-s-cad-to-1-9-this-fiscal-year-report-121120201244_1.html Trade deficit–the difference between a country’s imports and exports — has been rising and remains sticky Following the record USD 23.27 billion trade
A $25 billion trade oddity: Why India ends up exporting as well as importing the same type of products – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-25-billion-trade-oddity-why-india-ends-up-exporting-as-well-as-importing-the-same-type-of-products/articleshow/88020578.cms SynopsisThe government has been rightly pitching for import substitutions across sectors. But several sectors in the country import as well as export the
For atmanirbharta in electronics… – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-atmanirbharta-in-electronics/2380212/ …we need to make hardware PLI more responsive and take a pragmatic view on Chinese investment in India in the space The China
PLI scheme for pharma to benefit 55 firms, says Centre – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pli-scheme-for-pharma-to-benefit-55-firms-says-centre/articleshow/87941213.cmsSynopsis The first category included biopharmaceuticals, complex generic drugs, patented drugs or drugs nearing patent expiry, cell-based or gene therapy drugs, orphan drugs, special
What India should strive for in trade deals | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-india-should-strive-for-in-trade-deals-121112301372_1.html A trade agreement is like a game of chess India decided to enter into trade agreements with key partners like the UK, UAE and Australia
ICICI Bank News: ICICI Bank launches online platform to help Indian exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/icici-bank-launches-online-platform-to-help-indian-exporters/articleshow/87864422.cmsSynopsis The objective of this initiative is to increase efficiency and productivity of exporters and importers decongesting the time-taking physical procedures. MUMBAI:ICICI Bankhas announced
A controversy in the making? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-controversy-in-the-making/2373371/ For the purposes of levying Social Welfare Surcharge, imports enjoying ab initio exemption should not be viewed with the same lens as imports
Time to harvest the tailwind in exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/time-to-harvest-the-tailwind-in-exports-121111801576_1.html The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again
Time to harvest the tailwind in exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/time-to-harvest-the-tailwind-in-exports-121111801576_1.html The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again
SME Chatroom: General bond can be furnished for warehousing imported goods | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-general-bond-can-be-furnished-for-warehousing-imported-goods-121111500819_1.html Business Standard brings you the fortnightly Q&A on SMEs Q. We import certain goods that we want to keep in a bonded warehouse
Pick-up signs | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/trade-data-merchandise-exports-indian-economy-7626379/ With exports on the upswing, policy thrust should be on enhancing competitiveness, integration with global value chains. The country’s exports have benefitted from
Economy ‘bouncing back’, set to record highest-ever exports of $550 billion in 2021-22: Piyush Goyal – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/economy-bouncing-back-set-to-record-highest-ever-exports-of-550-billion-in-2021-22-piyush-goyal/article37486941.ece?homepage=true Trade fair starting on Sunday will tell the world that ‘India is back in business’, he says The economy is “bouncing back” strongly with festive
Telecom shines: Electronics exports surge, may hit record $15 billion in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/telecom-shines-electronics-exports-surge-may-hit-record-15-billion-in-fy22/2363197/ However, in the first half of the current fiscal, such exports surged 59% to $6.2 billion. Overseas despatches are expected to spike in
‘IGST refund rules for exports by EOUs need to be reviewed’ | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-igst-refund-rules-for-exports-by-eous-need-to-be-reviewed-121101800629_1.html Business Standard brings you the fortnightly Q&A on SMEs Q. We are an EOU, exporting our goods through Chennai Customs. We pay IGST
42 firms selected under PLI scheme for white goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/42-firms-selected-under-pli-scheme-for-white-goods/articleshow/87511306.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Ministry of Commerce & Industry said the selected applicants include 26 for air conditioner manufacturing with committed investments of Rs 3,898 crores &
Exports rise for 11th month, up 43.3% in October – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-rise-for-11th-month-up-43-3-in-october/articleshow/87479003.cmsSynopsis Official data released on Monday showed a 62.48% rise in imports leaving a trade deficit of $19.9 billion compared to $9.15 billion and
India needs a PLI for steel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-pli-for-steel/2361464/ Sino-Indian tensions telling on Indian iron-ore exports, PLI can catalyse domestic value addition The fortunes of the Indian producers in terms of exports
How domestic electronic component manufacturing can help reduce imports, boost private sector investments – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-domestic-electronic-component-manufacturing-can-help-reduce-imports-boost-private-sector-investments-310291-2021-10-24 The challenge for India is to bring together capital from the government, industry and the advanced nations and the know-how to trigger the
PayPal, IIFT to help MSME exporters tap into cross-border trade opportunity with training, support – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-paypal-iift-to-help-msme-exporters-tap-into-cross-border-trade-opportunity-with-training-support/2349333/ Trade, imports, exports for MSMEs: IDTFF will particularly look at challenges around exports faced by small exporters and share ideas for possible solutions.
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