Clipped from: https://www.financialexpress.com/economy/trade-deficit-may-remain-high-in-near-term-exports-outlook-weak-rbis-tightening-to-slow-import-growth/2669298/ According to analysts at Edelweiss Securities, the outlook for exports remains subdued, and the trade deficit may narrow going forward. RBI’s tightening is
Category: Export-Import Business/News
Exporters run into rough weather as US, Europe demand dries up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/exporters-run-into-rough-weather-as-us-europe-demand-dries-up/articleshow/94107517.cms Synopsis Many exporters say their factories are running at 25-50% capacity or have reduced the number of shifts to one from three earlier
Fragmentation of global trade leads to sub-optimal outcomes | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fragmentation-of-global-trade-leads-to-sub-optimal-outcomes-122080700939_1.html The tensions near Taiwan go up at a time when the relations between Russia and the US and its allies are at rock
Govt plans short-term foreign trade policy, may release before September | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/govt-plans-short-term-foreign-trade-policy-may-release-before-september-122072001235_1.html The new policy is much-awaited, following the extension of the existing policy for more than two years A new FTP was deferred and
*****Industry hopes Govt retains export sops on rupee-settled deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/industry-hopes-govt-retains-export-sops-on-rupee-settled-deals/article65631262.ece Calls to cut down huge price difference between the buy and sell quote on the rupee The industry trade with countries facing sanctions
*****Surging imports and slowing exports will make current account deficit rise. Weaker currency will help ease pressure | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/surging-imports-slowing-exports-deficit-currency-8011041/ While the government has taken a spate of measures, which include increasing the import duty on gold, levying taxes and imposing restrictions on
Government of India must heave-ho, make exports flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/government-of-india-must-heave-ho-make-exports-flow/articleshow/92685325.cms Synopsis Immediate policy responses will react to a rapidly evolving external environment. But the government would do well to use this opportunity to
*******The long-term hurdles to India’s export growth | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-long-term-hurdles-to-india-s-export-growth-122070401365_1.html No country has succeeded in becoming a merchandise export powerhouse unless its quality standards are uniformly high Can exports power India’s economic growth?
Widening trade deficit: Prospects are for a doubling of current account deficit in FY23 | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/widening-trade-deficit-prospects-are-for-a-doubling-of-current-account-deficit-in-fy23/2565889/ The most efficacious policy response to deal with widening trade imbalances is to maintain an open and unrestrictive trade policy, as has been
textile industry: Garment exporters face potential loss of Rs 1,200 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/garment-exporters-face-potential-loss-of-rs-1200-crore/articleshow/92343936.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The textile industry employs around 45 million workers and is expected to be worth more than $209 billion by 2029. But if
*****Sustaining export growth | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sustaining-export-growth-122050401289_1.html Commodity prices will push up trade deficit The Union Ministry of Commerce has released the preliminary data for India’s merchandise trade during April.
*Enquiries from Russia put exporters in a spot | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/enquiries-from-russia-put-exporters-in-a-spot-122050200014_1.html The immediate challenge of the Indian exporters is to find shipping lines that will take their cargo to Russia. Indian exporters are getting
*Free trade agreement to facilitate duty-free exports to UAE kicks off | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/free-trade-agreement-to-facilitate-duty-free-exports-to-uae-kicks-off-122050200017_1.html The India-UAE CEPA will benefit almost 90 per cent of India’s exports in terms of value Photo: Bloomberg A free trade agreement between India and
*Pharma exports touch Rs 1.83 trillion in 2021-22: Commerce ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pharma-exports-touch-rs-1-83-trillion-in-2021-22-commerce-ministry-122050100288_1.html The exports in 2021-22 sustained a positive growth despite the global trade disruptions and drop in demand for COVID related medicines Pharma exports
White goods PLI round 2: 19 global, domestic companies file applications | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/white-goods-pli-round-2-19-global-domestic-companies-file-applications-122042700017_1.html A senior government official said the second round of applications was invited as the entire allocated funds were not utilised. As many 19
To boost exports, port logistics must improve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/to-boost-exports-port-logistics-must-improve/article65352154.ece A performance index based on 11 parameters shows ports in the east and the south lag behind the others India has been making
*Export opportunity | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/export-opportunity-122040700031_1.html India can become a reliable grain exporter Union Commerce and Food Minister Piyush Goyal’s optimism about India’s wheat exports scaling a new high
*Game on – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/game-on/article65296537.ece **EDS: IMAGE POSTED BY @PiyushGoyal ON WEDNESDAY, APRIL 6, 2022** Melbourne: Union Commerce and Industry Minister Piyush Goyal addresses a gathering at the
*Can India sustain its export growth? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/can-india-sustain-its-export-growth/article65294535.ece Choppy waters Exports have been growing recently but the outlook remains uncertain RAJESH N RAJESH N Choppy waters Exports have been growing recently
*Wheat exports hit record 7.85 million tonnes in FY22, say traders | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-exports-hit-record-7-85-million-tonnes-in-fy22-say-traders-122040501484_1.html India achieved its target of exporting 7 mt of wheat on March 21, according to the Indian government, which is yet to issue
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