Page 4 - Indian Exports

Centre removes export curbs on all diagnostic kits, reagents

The export restrictions on these products were imposed in June last year and August 16, 2021 on account of increasing COVID-19 cases

Govt notifies processes for granting RoDTEP duty credits

An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration

Gems and jewellery exports grows to record Rs 24,239.81 cr in Aug

The year 2020 was a near washout for exports due to closure of borders and other Covid-19 related disruptions

US pressuring India to restart Covid-19 vaccine exports: Report

The US is quietly pressuring India to restart COVID-19 vaccine exports, Axios reported citing sources.According to the report, the Biden administration is planning to offer a higher-profile role for Prime Minister Narendra Modi at the COVID-19 global summit in New York if he agrees to release vaccines soon.Early this year, India halted vaccine exports as coronavirus cases surged in the country.According to Axios, convincing PM Modi to resume vaccine supply, is an important part of the Biden administration's strategy to mitigate the international spread of the virus.An administration official acknowledged discussing vaccine exports but denied they are tied to Modi's upcoming participation."We have regularly been communicating with [the] government of India in bilateral and multilateral channels to discuss vaccine supply and inquire about the timeline for exports, and these conversations are not tied to a specific summit or engagement," the U.S. official said on the condition of ...

Exports surge 45.8% in Aug to $33 bn; trade deficit widens to $13.8 bn

Merchandise imports continued to widen at $47.09 billion in August

Govt to release Rs 56,027 cr to exporters for pending tax refunds

The government on Thursday said it is releasing Rs 56,027 crore against pending tax refunds of exporters under different export inventive schemes.

Indian exporters allege global shipping companies are forming cartels

Ask govt to regulate them, bat for a larger Indian shipping company

Explained: How India plans to boost exports

Exports rise 45% to $33.14 bn in Aug; trade deficit widens to $13.87 bn

India's exports jumped 45.17 per cent to USD 33.14 billion in August as against USD 22.83 billion in the same month last year, according to the commerce ministry's provisional data

Drugs and Pharma sectors lead growth in India's exports from SEZs

Led by drugs and pharmaceuticals, India's exports from special economic Zones (SEZs) rose by 41.5 per cent on a year-on-year (YoY) basis to Rs 2.15 lakh crore in Q1FY22

Exports from SEZs up 41.5% to Rs 2.15 trillion during Apr-June 2021

Exports from SEZs grew by about 41.5% to Rs 2.15 trillion during the April-June quarter of the current fiscal on account of healthy growth in pharma, engineering, and gems and jewellery sectors

India's coronavirus vaccine supply jumps, raising hopes of export

After donating or selling 66 million doses to nearly 100 countries, India barred exports in the middle of April to focus on domestic immunisation as infections exploded

Proposed FTA with UAE to boost jewellery, engineering exports: exporters

India has started negotiations for the agreement with the UAE, which is the third largest trading partner of New Delhi.

Deduction of interest due to prepayment of usance bill is allowed: Expert

Exporters may approach AD Category-I banks for reduction in invoice value on account of cash discount to overseas buyers for prepayment of the usance bills

India's exports to ASEAN seen at $46 billion in FY22: Minister

India is likely to record exports worth $46 billion to the ASEAN region, Minister of State of Commerce and Industry Anupriya Patel said on Tuesday

Welcome rethink on FTAs

Exports can enable sustainable economic growth

Exporters want steel, pharmaceuticals sectors under RoDTEP scheme

The RoDTEP guidelines do not include sectors such as steel, organic & inorganic chemicals, and pharma under the scheme

India's exports rise nearly 40% in second week of August, shows data

Engineering goods witnessed the maximum increase during the week, owing to higher demand from US and Italy

Home textile exporters to clock 20-25% growth in FY22: Report

Home textile exporters are set to clock a 20-25 per cent growth in 2021-22 with healthy margins, according to a report.

Shifting from imports, India now exporting mobile phones worth $3 bn: PM

India used to import mobile phones worth USD 8 billion seven years ago and now the country is exporting such devices worth USD 3 billion while reducing imports significantly, PM Modi said on Sunday