India’s merchandise exports may cross $500 billion this fiscal
NEW DELHI : The country’s merchandise exports are likely to cross $500 billion this fiscal due to healthy demand for domestic goods in key global markets, including the US, and benefits from trade pacts,
Engineering goods exports to US up 6.8% in FY23, and shipments to China down 52.4%
NEW DELHI : The US has remained the top destination for India’s engineering goods exports in the financial year 2022-23 with total shipments value recording 6.8 percent year-on-year growth to $18.67 billion. The other key markets
India’s share in global computer services exports jumps to 11% in FY23
NEW DELHI : With software exports hitting a record high of USD 320 billion in FY23, the country’s share in global computer services exports has jumped to around 11 per cent in the year, according to
Services exports may reach USD 400 Bn during 2023-24: SEPC
NEW DELHI : Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) on Wednesday said the healthy growth trend will continue and shipments are expected to reach up to
Rice exports cross record $11 bn in FY23
NEW DELHI : India’s rice exports have crossed a record $11 billion in 2022-23, an increase of 16% from FY22. The volume of shipment, however, remained around the same level as last year at
DGFT lays out procedure for exporters to apply for amnesty scheme
NEW DELHI : The commerce ministry on Monday laid out a procedure for applying for amnesty scheme for one-time settlement of default in export obligation by certain exporters. The Directorate General of Foreign Trade
US emerges as India’s biggest trading partner in FY23 at $128.55 billion
NEW DELHI : The US has emerged as India’s biggest trading partner in 2022-23 on account of increasing economic ties between the two countries. According to the provisional data of the commerce ministry, the bilateral
“India has become a powerhouse export in the last nine years under the leadership of PM Modi&#…
NEW DELHI : Union Railway Minister Shri Ashwini Vaishnaw said that India has become a powerhouse export in the last nine years under the leadership of Prime Minister Shri Narendra Modi.He said, “In the