Page 6 - Exports
Exports of livestock products increase to Rs 7,543 cr during Apr-June
The country's exports of livestock products have increased to Rs 7,543 crore during the first quarter of this fiscal, as against Rs 3,668 crore in the same period last year, the commerce ministry said
 "Exports of livestock products increase to Rs 7,543 cr during Apr-June")
HP India MD to head ICEA panel to boost IT hardware manufacturing
As the government doubles down on IT hardware manufacturing in the country, the India Cellular & Electronics Association (ICEA) on Wednesday announced a high-level committee to boost manufacturing and exports of the IT hardware (laptop/tablet) sector.
 "HP India MD to head ICEA panel to boost IT hardware manufacturing")
Automobile exports recover in Q1 amid improved pandemic situation globally
Automobile exports from India recovered in the first quarter in all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth as pandemic situation improves
 "Automobile exports recover in Q1 amid improved pandemic situation globally")
Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn
India was a net importer, with trade deficit of $9.4 bn vs $710-mn surplus last yr
 "Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn")
Exports rise by 48% to $32.5 bn in June; trade deficit at $9.37 bn
The country's exports rose by 48.34 per cent to $32.5 billion on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, leather and marine goods
 "Exports rise by 48% to $32.5 bn in June; trade deficit at $9.37 bn")
Expo 2020: India's big plans for the Dubai gala that begins in October
The country is among the exposition's most prominent participants with a four-storey permanent building - its only such exhibition anywhere in the world
 "Expo 2020: India's big plans for the Dubai gala that begins in October")
SME CHATROOM: Third-party payment allowed for imports subject to conditions
Notification No. 66/2017 exempts all suppliers of goods who have not opted for composition scheme, from payment of GST on advances received
 "SME CHATROOM: Third-party payment allowed for imports subject to conditions")
Manufacturing trouble: Covid robs Moradabad's Brass City of its polish
SMEs struggling, recovery slow; rise in key raw material cost hurting exporters
 "Manufacturing trouble: Covid robs Moradabad's Brass City of its polish")
Playing field: India's toy story needs govt strongly backing the game
80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation
 "Playing field: India's toy story needs govt strongly backing the game")
Indian economy showed signs of cooling in May before gaining momentum
A slew of data from services activity to automobile sales pointed to lack of demand last month, which in turn kept the needle on an overall activity indicator unchanged at 6.
 "Indian economy showed signs of cooling in May before gaining momentum")
India to hold off exports of Covid-19 vaccines until domestic demand met
India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's Covid-19 task force said
 "India to hold off exports of Covid-19 vaccines until domestic demand met")
Exports jump 46% to $14 billion so far in June on shipment growth
Imports too rose by 98.33 per cent to $19.59 billion during the period, the data showed
 "Exports jump 46% to $14 billion so far in June on shipment growth")
Exports zoom 69% to $32.27 bn in May; trade deficit rises to $6.3 bn
On a sequential basis, they grew 5.35 per cent and 8.1 per cent as compared to May 2019
 "Exports zoom 69% to $32.27 bn in May; trade deficit rises to $6.3 bn")
Exim Bank sees India's Q1 merchandise exports at $87.2bn
Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to reach $87.2 billion.
 "Exim Bank sees India's Q1 merchandise exports at $87.2bn")
Telangana IT exports clock 13% growth at Rs 1.45 lakh crore in FY21
Despite the Covid pandemic, Telangana recorded nearly 13 per cent growth in IT and ITeS exports at over Rs 1.45 lakh crore over last fiscal, Minister for IT and Industries KT Rama Rao said
 "Telangana IT exports clock 13% growth at Rs 1.45 lakh crore in FY21")
China's imports up 51% yoy in May, grow at fastest pace in a decade
Exports in dollar terms grew 27.9% in May from a year earlier, slower than the 32.3% growth reported in April and missing analysts' forecast of 32.1%
 "China's imports up 51% yoy in May, grow at fastest pace in a decade")
India, UK eye interim pact to help clinch major trade deal in a decade
An interim agreement is expected by the end of the year that would give British medical devices and agricultural products access to Indian markets, while widening the scope of employment in the U.K.
 "India, UK eye interim pact to help clinch major trade deal in a decade")
India's economic activity slows down in April as states impose lockdowns
Activity in India's dominant services sector moderated for a second straight month in April.
 "India's economic activity slows down in April as states impose lockdowns")
German economy stutters as coronavirus curbs push up savings rate
Exports increased by 1.8 per cent on the quarter helped by strong demand from the US and China
 "German economy stutters as coronavirus curbs push up savings rate")
Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week
The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports.
 "Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week")
