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INDIA EXPORT NEWS

Govt removes minimum export price on onion

September 13, 2024 8:46 pm

The government had previously fixed a USD 550 per tonne as the minimum export price (MEP), which essentially meant farmers could not sell their produce overseas at lower than this rate.

Tea exports remain stagnant in 2023

July 17, 2024 5:15 pm

A spokesperson of the Indian Tea Association (ITA), a leading planters' body, said that the loss of the Iran market due to payment problems following US sanctions had affected offtake of the beverage on the whole.

Exports stay in the green; traders worried over ‘extraordinary’ logistics challenges

July 16, 2024 7:36 am

India’s exports gained in the four out of the top five export destinations. While exports to the US jumped 6 per cent, outbound shipments jumped by 14 per cent to UAE, 6 per cent to the Netherlands, 13 per cent to the UK.

That is good news for India's economic outlook, already the seventh largest services exporting country globally, according to the Reserve Bank of India. (File Photo)

India's services growth picks up in June on record rise in exports, PMI shows

July 03, 2024 11:22 am

"Activity growth in India's service sector accelerated in June ... led by an increase in both domestic and international new orders," noted Pranjul Bhandari, chief India economist at HSBC.

labour intensive sectors, labour sectors, textiles, leather, gems and jewellery, Exports, covid pandemic, Indian express news, current affairs

Exports from key labour intensive sectors decline 12% compared to pre-pandemic levels

May 05, 2024 1:57 pm

During the last financial year, when overall goods exports shrank 3 per cent, the outbound shipments of textiles, leather, gems and jewellery and marine products saw a much steeper 9 per cent decline to $78 billion against $86.32 billion in FY23.

India's exports may reach $450 billion this fiscal: New FIEO President

March 19, 2024 1:22 pm

The new President said that the need of the hour is to address the Red Sea crisis challenges by ensuring the availability of marine insurance and rational increase in freight charges.

India's exports fall 10.3% to $34.98 billion in May

June 15, 2023 4:26 pm

Imports also declined 6.6 per cent to $57.1 billion against $61.13 billion recorded in the same month last year, data showed.

Exports fall for 3rd consecutive month by 12.7% in April; trade deficit at 20-month low

May 16, 2023 5:26 am

In April 2022, the trade deficit stood at $18.36 billion. The lowest level prior to that was in April 2021, when the deficit stood at $15.10 billion.

India's exports dip 8.8% to $33.88 bn in February; imports down to $51.31 bn

March 15, 2023 3:19 pm

India's exports dipped in February for the third consecutive month by 8.8 per cent to $33.88 billion against $37.15 billion in the same month last year