Exports

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Exports - Total results - 417
Indian tea prices jump to new record as floods in Assam, coronavirus outbreak slash output
India

Indian tea prices jump to new record as floods in Assam, coronavirus outbreak slash output

Production losses have already pushed weekly auction prices to a record of Rs 232.60 per kilogramme, up 57 percent from a year ago, according to the Tea Board

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
Business

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%

Auto major Mahindra & Mahindra (M&M) on Monday reported a steep 79 percent decline in total sales at 9,560 units in May

Coronavirus Lockdown: Hyundai Motor India sales decline 79% in May to 12,583 units, exports down 66%
Business

Coronavirus Lockdown: Hyundai Motor India sales decline 79% in May to 12,583 units, exports down 66%

Hyundai Motor India Ltd (HMIL) on Monday reported a 78.7 percent decline in total sales at 12,583 units in May

Coronavirus Lockdown: Commerce minister Piyush Goyal expects better exports performance in May, June
Business

Coronavirus Lockdown: Commerce minister Piyush Goyal expects better exports performance in May, June

The performance of the country's exports is expected to be better in May and June as compared to the steep fall recorded in April, when the shipments contracted to an all-time high of 60.28 percent, Commerce and Industry Minister Piyush Goyal said on Thursday

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
Business

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade

The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade

Govt for anti-dumping duty on digital printing plates by China, Japan, 3 other nations; move aims at shielding local industry
Business

Govt for anti-dumping duty on digital printing plates by China, Japan, 3 other nations; move aims at shielding local industry

The authority is of the view that imposition of anti-dumping duty is required to offset dumping and injury, DGTR said

Coronavirus impact: Barclays pegs India's current account surplus at $20 bn this fiscal, first-time in 14 years
Business

Coronavirus impact: Barclays pegs India's current account surplus at $20 bn this fiscal, first-time in 14 years

As imports continue to plunge due to the coronavirus-driven disruptions globally, India may end the current fiscal with a record surplus of about $20 billion or 70 bps of the GDP, says a report

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp
Business

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp

India Oil Corp, the country’s top refiner, is close to winning its first contract to supply diesel, jet fuel and gasoline in the second half of this year to state-run Bangladesh Petroleum Corp, two sources with knowledge of the matter said

Pandemic throws global economy into deeper decline; govts, central banks around world unleash fiscal support to tide over crisis
Business

Pandemic throws global economy into deeper decline; govts, central banks around world unleash fiscal support to tide over crisis

Separate data on Thursday showed South Korea’s trade-reliant economy, Asia’s fourth-largest, shrank at its fastest pace since 2008 as self-containment measures kept shops closed and slumping global demand hurt exports.

Coronavirus: Govt asks major ports to defer rentals, waive charges, penalty in view of export-import cargo drop
Business

Coronavirus: Govt asks major ports to defer rentals, waive charges, penalty in view of export-import cargo drop

Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government has asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June

Coronavirus Outbreak: Economy suffers 'unprecedented collapse' due to COVID-19, says survey
Business

Coronavirus Outbreak: Economy suffers 'unprecedented collapse' due to COVID-19, says survey

The coronavirus pandemic is having a "deep impact" on Indian businesses and has already caused an unprecedented collapse in economic activities over the last few weeks, says an industry survey released on Tuesday

Exports plunge 34.6% in March to $21.4 bn, steepest fall since FY09; imports down 28.7%
Business

Exports plunge 34.6% in March to $21.4 bn, steepest fall since FY09; imports down 28.7%

India's exports plunged by a record 34.57 per cent in March due to a steep decline in shipments of leather, gems and jewellery and petroleum products, dragging the total exports in 2019-20 down to $314.31 billion, official data showed on Wednesday

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April
Business

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April

India Inc on Wednesday backed the government's move to allow industrial units located in rural areas to function from 20 April, and said it will ensure preventive measures for Covid-19 while restarting economic activities

Coronavirus Outbreak: MSME exporters have no liquidity to pay wages for April, says industry body
Business

Coronavirus Outbreak: MSME exporters have no liquidity to pay wages for April, says industry body

Apex exporters body FIEO on Tuesday said the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to their employees for the month of April as they are unable to conduct any business activity during the lockdown

Exporters to meet Piyush Goyal today; opening factories with 50% workforce, wage issues to be discussed
Business

Exporters to meet Piyush Goyal today; opening factories with 50% workforce, wage issues to be discussed

Exporters will seek immediate roll out of support measures and permission for opening up their factories with 50 percent of workforce during a video conference meeting called by Commerce and Industry Minister Piyush Goyal on Wednesday

Commerce ministry creates online platform for issuance of 'certificate of origin' for exporters
Business

Commerce ministry creates online platform for issuance of 'certificate of origin' for exporters

The commerce ministry has designed an online platform for the issuance of a key document required for exports to those countries with which India has trade agreements, with a view to facilitate shipments during the COVID-19 crisis

RBI announces more measures to deal with economic fallout of coronavirus outbreak
Business

RBI announces more measures to deal with economic fallout of coronavirus outbreak

The Reserve Bank of India (RBI) on Wednesday announced more measures, including the extension of the period for realisation and repatriation of export proceeds, to deal with the economic fallout of the Covid-19 pandemic

Maruti Suzuki reports 47% decline in vehicle sales in March to 83,792 units; exports log 55% plunge
Business

Maruti Suzuki reports 47% decline in vehicle sales in March to 83,792 units; exports log 55% plunge

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 47 percent decline in sales at 83,792 units in March

Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues
Business

Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues

The commerce ministry on Thursday said it has set up a help desk to resolve export- and import-related issues arising due the coronavirus outbreak

Coronavirus Outbreak: Govt bans export of sanitisers, all types of ventilators with immediate effect
Business

Coronavirus Outbreak: Govt bans export of sanitisers, all types of ventilators with immediate effect

The government on Tuesday banned export of all sanitisers and ventilators with immediate effect in wake of the coronavirus outbreak