Govt must take steps to sustain the rebound
Indian firms need to prepare for export boom by vaccinating employees, their family members; and prioritise export market
Here are the best of Business Standard's opinion pieces for Monday
Services exports are estimated to have grown 28.68 per cent YoY to $21.17 billion in April
Continuing a positive growth, India's exports grew by 80 per cent to USD 7.04 billion during the first week of this month, according to preliminary data of the commerce ministry.
According to preliminary data released by the ministry of commerce and industry, India's merchandise exports nearly trebled in April to $30.21 billion as compared to last year
The UKIBC said it expected to see a step-change in the volume and nature of the trade and investment relationship between the two countries
The govt has exempted basic customs duty on import of Remdesivir, APIs of Remdesivir, Beta Cyclodextrin used in making Remdesivir and specified inflammatory diagnostic kits till Oct-end
Imports too rose to $45.45 billion last month as against $17.09 billion in April 2020
The commerce and industry ministry has convened a meeting of exporters on April 20 to discuss export situation against the backdrop of surging coronavirus cases
As work from home became the new normal due to the Covid-19 pandemic, Broussard said thousands of our e-commerce sellers from India played a key role in serving customers globally during this period.
Trade deficit widens to $14 billion despite 54% jump in imports
Trade deficit during March 2021 widened to $13.93 billion from $9.98 billion in March 2020
Amazon India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly one million jobs in the country
Exports of engineering goods from the country recorded an impressive 70.28 per cent growth in March.
Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan
According to the government's assessment, total backlog at the waterway is likely to be cleared in a week' time
India is, however, not officially banning Covid-19 vaccine exports. "This is a temporary move until the supply situation stabilises in the country," said a person close to the development
The FIEO says the e-module is a first-level marketplace where exporters can post their container demands online, which will help in ground-level assessment of containers required in the country
A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports