Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at $18.96 billion in March 2023 and
Türkiye’s share in global exports hits record level in 2023
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The country’s share in global goods exports
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments,
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the China’s
Citroën becomes the first multinational carmaker to export Made-in-India EVs from India
CHENNAI : French carmaker Citroën became the first multinational car manufacturer in India to export domestically made electric vehicles to the international market. The company on Thursday announced the commencement of exports of locally
Automobile exports recover in Q4 riding robust two-wheeler shipments
NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a rebound in the final quarter of
Port of Klaipeda makes history with inaugural ship-to-ship LNG bunkering operation
LITHUANIA : The Port of Klaipeda achieved a historic milestone with the successful completion of its first ship-to-ship LNG bunkering operation. On 9 April, the LNG tanker “Avenir Aspiration” transferred 326 m³ of liquefied
MSAMB targets to export 5,000 tonnes of mangoes to US & Europe
MUMBAI : The Maharashtra State Agricultural Marketing Board (MSAMB) has set a target of processing and exporting 5,000 tonnes of mangoes from its facilities this season. Sanjay Kadam, Managing Director of the Board, said