April 8, 2026
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India’s seafood exports touch all-time high by volume in FY 2023-24

June 20, 2024 EXPORT, Trade, Trending News
NEW DELHI : India’s seafood exports touched an all-time high in volume during the financial year 2023-24 despite various challenges in significant export markets. India shipped 17,81,602 MT of seafood worth ₹60,523.89 crore (US$7.38

Chinese imports slowdown during Jan-April 2024

June 19, 2024 Import, COMMERCE, Economy, EXPORT, Trade, Trending News
NEW DELHI : India’s efforts to boost manufacturing and cut its dependence on Chinese imports appear to have met with some success with merchandise imports from the neighbour declining in the three months since

$6,193 mn loss, agriculture export ban hurting farmers

June 18, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : Despite a record-breaking harvest and a significant increase of nearly 14.1 million tonne in foodgrain production, farmers continue to face distress, thanks to the ban on the export of key agricultural

Essar to invest Rs 30,000 Cr in green hydrogen plant in Gujarat over 4 yrs

June 17, 2024 Fuel, Infrastructure, LNG, Logistics, Transport, Trending News
MUMBAI : Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as

Indian textile exports surge 9.59% in May 2024, overcoming global challenges

June 17, 2024 EXPORT, COMMERCE, Economy, Trending News
NEW DELHI : Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous

Ocean freight rates in rough waters on congestion, Red Sea crisis

June 17, 2024 Container, EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices

DGFT wants interest equalisation scheme for exporters to continue

June 14, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : In a move set to bring relief to exporters, the Directorate General of Foreign Trade (DGFT) has concluded that there is merit in continuing the interest equalisation scheme for the export

APEDA facilitates first Consignment of MD 2 Pineapples from India to UAE

June 14, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : In a significant stride for India’s fresh fruit export sector, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, facilitated the successful export

Piyush Goyal looks to build on PLI scheme, boost exports in 2nd term as Commerce Minister

June 13, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal on Tuesday told officials of his ministry that the government needs to build on the success of the past initiatives such as the

India’s exports have already started picking after a weak year: Unmesh Wagh, Chairman, JNPA

June 12, 2024 EXPORT, Ports, Shipping, Trade, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) will aim to handle 7 million TEU of cargo in FY25, up from 6.42 million TEU in FY24, Mr. Unmesh Wagh, Chairman, JNPA, told Moneycontrol in an interview. Mr.
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