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
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
Coronavirus Outbreak: Exports sector may witness 15 million job losses, increase in NPAs, says industry body
About 15 million people face job losses in India's exports sector following cancellation of over half of the orders and gloomy forecast for global trade due to the Covid-19 pandemic, exporters' body FIEO said on Friday
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
Trade suspension with India to hurt Pakistan more as neighbouring country imports essential items, say experts
Pakistan's decision to suspend bilateral trade ties with India would hit the neighbouring country more as they import essential items like onion, tomatoes and chemicals, according to experts
Union Budget 2019: Exporters' body seeks FIEO for employment-linked tax benefits, cut in corporate tax
Exporters' body FIEO on Tuesday urged the government to announce various measures such as employment-linked income tax benefits and set up a fund for marketing purposes to boost the country's outbound shipments in the upcoming Budget
The government's focus to improve logistics, ease of doing business and modern trade infrastructure will help exports to touch USD one trillion in the next three years, exporters body FIEO said on Tuesday
India's export growth slid to a four-month low of 0.64 percent in April as shipments of engineering goods, gems and jewellery, leather and other products declined, widening the trade deficit to a five-month high, official data released on Wednesday showed
On 5 March, the US decided to withdraw import duty benefits, which was in the range of 1-6 percent, under its Generalised System of Preferences (GSP) programme
GSP duty benefit withdrawal by US will have marginal impact on few sectors, says exporters body FIEO
he US decision to withdraw duty benefits under its Generalized System of Preferences (GSP) programme will have a marginal impact on few domestic sectors such as processed food, leather, plastic, and engineering goods, exporters body FIEO said on Tuesday
Exporters body FIEO on Tuesday expressed concerns over slow growth in exports and demanded support from the government in the forthcoming interim budget to boost outbound shipments
Iran is one of the major trading partners of India as new Delhi imports huge quantity crude oil from the Persian Gulf country.
Exporters facing uncertainty due to rupee depreciation, says Federation of Indian Export Organisations
Exporters are facing uncertainty due to a continuous depreciation of the domestic currency as they are not able to negotiate properly prices of goods in the global markets, FIEO on Thursday said.
Collapse of Indian rupee to a lifetime low of 69.10 against the US dollar will not give an extra edge to domestic exporters, but provide a level playing field in global market, FIEO on Thursday said
According to industry estimates, in four months since July when GST came into effect, “about Rs 40,000-50,000 crore” has been pending with the government in the form of GST refunds
Trade deficit widens sharply to $14 bn October: Why glitches in GST continue to plague small exporters
In value terms, these small and micro industries comprise 40-45 percent of India’s total export basket whereas in volume terms, their share is even higher, which is why they have the most to lose from GST glitches
The decline in exports in September is the steepest since March 2015 when the shipments shrunk by 21.06 percent.
The current policy provided fiscal incentives including that of interest subsidy and other duty neutralisation schemes.