Karnataka Mango exporters faces headwinds due to surging air freight charges
BENGALURU : Mango growers in Karnataka are hit by a double whammy this year — low yield and a dramatic surge in air freight charges. The crisis in the Middle East is impacting the
Developing E-commerce hubs to boost exports may figure in ministry’s 100-day agenda of new Govt
NEW DELHI : Developing E-commerce hubs in the country to further promote India’s exports through online medium are expected to figure in the commerce ministry’s 100-day agenda roadmap for the new government, an official
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
India’s plastics exports down 3.5% on global economic conditions and geopolitical tensions
NEW DELHI : India’s plastics exports fell 3.5% to $11.55 billion in FY24 from $11.96 billion in FY23, despite registering a positive y-o-y growth of 5.6% in March 2024 to $1.11 billion, as per
Govt not to impose export curbs on low-grade iron ore
NEW DELHI : India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said, turning down
Extension of interest subvention scheme with deeper subvention required to provide export competitiveness : President, FIEO
NEW DELHI : Interest equalization scheme (IES) is one of the most effective instruments to remove cost disability of Indian exports. The scheme provides much needed competitiveness to our exports, said Shri Ashwani Kumar,
To promote exports from India, DGFT evaluating usefulness of Interest Equalisation Scheme
NEW DELHI : The government is scrutinising the Interest Equalisation Scheme for exporters to analyse its usefulness in promoting exports so far, including from the MSME sector, to decide if it should be continued
Apple’s iPhone exports from India have doubled, but component manufacturing needs to pick up
NEW DELHI : Since 2017, when Apple first started assembling its older version of iPhones in India, there have been many significant developments. The majority of the progress happened last year, following Apple CEO