Page 7 - Indian Exports

Exporters take unusual steps to ease container shortage to ease trading

Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March

Dealing with tariff complaints

WTO's India review shows protectionism has alienated partners

Merchandise export receivables can't be set off against service import dues

You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill

February imports rise 7% at $40.55 bn; trade deficit widens to $12.88 bn

India's exports marginally declined 0.25 per cent to $27.67 billion in February

Global merchandise trade growth may not be sustainable, says WTO

Experts say this may have repercussions on Indian exports

One million smart speakers worth Rs 463.4 cr shipped in India in 2020

Amazon led the segment both in value and volume market shares (80 per cent market share) while Google managed 11 per cent market share by volume in 2020

India's exports up 6.16% in January; trade deficit narrows $14.54 bn

Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent

Exports rise 5.37% in Jan to $27.24 bn over growth in pharma, engineering

Exports of pharmaceuticals and engineering grew 16.4 per cent to $293 million

Steps on infra, customs duty in Budget to promote mnfg, exports: Exporters

Steps announced to develop modern infrastructure and rationalisation of customs duties on different products would help in promoting domestic manufacturing and boosting exports, according to exporters

Rising Bangladesh exports hold lessons for India: Economic Survey

The Economic Survey 2021 on Friday suggested that India can take some "lessons" from Bangladesh, a strong exporting nation, and focus on specialising in products in which it is competitive. It said that Bangladesh seems poised to emerge as a dominant exporter as its outbound shipments posted an impressive compounded annual growth rate (CAGR) of 8.6 per cent during 2011-2019, compared to 0.9 per cent for India and 0.4 per cent for the world. Bangladesh's share in world exports has increased from 0.1 per cent in 2011 to 0.3 per cent in 2019. The top five export commodities (from labour intensive sectors such as textiles, apparels and footwear) account for more than 90 per cent of the total exports of Bangladesh since 2015, it said. In case of India, on the other hand, export performance is more broad-based as the top five export commodities jointly constitute around 40 per cent of total exports and these goods are capital and technology-intensive, it added. Quoting the data of ...

Delay in announcement of rates under RoDTEP to impact exports: FIEO

Apex exporters body FIEO on Friday asked the govt to announce the rates for different sectors under the tax refund scheme RoDTEP as further delay will have serious implications for future exports

Indian exports likely to lose edge on rising rupee, says RBI study

Study suggests absorbing inflows to avoid this; effective exchange rate index revamped

Budget Byte: Export needs budgetary support for overall economic growth

Strategic incentives through the Budget may help boost exports.

Indian exports show signs of revival, up 16.2% to $6.2 bn in Jan first week

Exports grew 16.22 per cent year-on-year to $6.21 billion in the first week of January, mainly driven by healthy growth in pharmaceuticals, and engineering sectors, reflecting signs of revival

Exports: A post-Covid opportunity

In order to obtain 7 per cent growth, among other things, India has to tackle the stagnation in exports and the next Budget can make a beginning

Exports slip 0.8% in December 2020; trade deficit widens to $15.71 billion

The country's exports declined marginally by 0.8 per cent to $26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products

Govt extends RoDTEP scheme to all merchandise exports from today

The scheme will refund to exporters, the embedded central, state and local duties and taxes

After Covid pandemic blows in 2020, India's exports may rebound in new year

After being severely hit by the COVID-19 pandemic this year, the country's exports growth is expected to rebound in 2021 on the back of recovery in economic activities and demand worldwide

India's current account surplus moderates in Q2 due to merchandise trade

Net services receipts rose both sequentially and year-on-year, primarily on the back of higher net earnings from computer services

Exports may reach $290 billion by end of fiscal year, says trade body

This comes as the outbound shipments were hit hard by the pandemic during the first half of the year, FIEO