Exports

WTO reforms must reflect the evolving global economic landscape Today's interconnected world and the concept of global value chains have revolutionized the way nations engage in trade and investment, Commerce and Industry Minister Piyush Goyal said at the opening session...

Modi proposes creation of a BRICS Space Exploration Consortium Prime Minister Narendra Modi has called for a reform of the World Trade Organization (WTO) at the 15th BRICS Summit held under South Africa’s chairmanship in Johannesburg on 23 August 2023....

India and ASEAN registered a bilateral trade of US$131.5 billion in 2022-23 The 20th ASEAN-India Economic Ministers’ meeting deliberated the roadmap for the review and finalised the Term of Reference and the Work Plan of the Review Negotiations of ASEAN-India...

Private mills prefer to hold on to export sales, says Wirana report Indian steel plate prices have increased by about US$9/MT this week (ending 19 Aug) whereas imported scrap prices have increased by US$10/MT. Local billet prices have been marginally...

Soft commodity prices have also pulled down value-wise exports, says Dr Sakthivel Sluggish global demand with growth contraction and softening of commodity prices has led to continuous decline in Indian exports, says FIEO President Dr A Sakthivel. India’s overall exports...

Vietnamese envoy seeks 20+ weekly flights between Vietnamese and Indian cities In the face of global economic fluctuations, Vietnam and India stand strong as important trading partners, uniquely positioned to support each other, said Phan Thi Thang, Vietnam’s Deputy Minister,...

FICCI Manufacturing Survey had indicated revival of private capex, says Panda India’s exporters’ federation feels that the status quo in rates, maintained by RBI at 6.5%, will help exporting community, whose cost of credit has gone up substantially due to...

Bangari aligns with Bank’s growing focus on meeting financing gaps faced by MSME exporters India Exim Finserve IFSC Private Limited, the subsidiary of the Export-Import Bank of India (Exim Bank), at the Gujarat International Financial Tec City (GIFT City), will...

Patel lists export promotion initiatives India’s overall export (merchandise plus services) was US$776.3 billion in 2022-23, the highest in terms of overall exports until now, Minister of State for Commerce and Industry Anupriya Patel said in an update to the...

Virmani notes exporting firms are more productive than domestic firms Throughout the post-pandemic era, Indian exports have been resilience by successfully navigating the challenges thrown up by the post pandemic supply-chain issues and geopolitical factors, says NITI Aayog at the...