Gujarat emerges as the Growth Engine of India with 33% Export share
AHMEDABAD : Gujarat Industries Minister Shri Balvantsinh Rajput has said that Gujarat boasts a remarkable 33% share in exports and contributes 18% to the total production of the country by holding top position in
India mulls subsidies for exporters facing higher shipping costs
NEW DELHI : Given the recent spate of attacks on cargo ships in the Red Sea, India is mulling a variety of measures, including subsidisations for Indian exporters to offset higher shipping costs and
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with
Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘invade’ markets
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised imported items are ‘invading’ Indian markets.
India’s exports to grow 12% by 2030, Barclays expects ‘Realistically’ as PLI Schemes achieve “Mixed Success”
NEW DELHI : Barclays stated recently, that it would be more realistic to expect India’s exports to increase by approximately 12 per cent by 2030. This would equate to a global export share of
Indonesia requests 900,000 tonnes of onions from India amid export ban
NEW DELHI : Indonesia has requested 900,000 tonnes of onions from India amidst an export ban, emphasising the significance of Indonesia as India’s largest trade partner in ASEAN. This plea comes in response to
Red Sea crisis pushes container shipping spot rates to highest level in over a year
LONDON : Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed Houthi militants based in Yemen, carriers
India to become $4 trillion economy before 2024 elections: Piyush Goyal
NEW DELHI : India will become a $4 trillion economy before the upcoming general elections, Commerce & Industry Minister Shri Piyush Goyal said on January 3. “…And in 2-2.5 years, the country will become