India’s Steel Trade deficit hits ₹1,600 Cr in April-October as export pressure persists
NEW DELHI : The continued fall in export demand saw India report a trade deficit in steel shipments (value of imports exceeding exports) for the second consecutive year. Trade deficit stood at ₹1,594 crore
Karnataka granite units face closure as exports slump following Israel-Hamas war, other reasons
BENGALURU : The raging war between Hamas and Israel is the latest crisis to hit the already-troubled granite industry in Karnataka. The flourishing export business had an unprecedented slump during the pandemic and was slowly recovering
Japan-US container exports near 55,000 TEUs in October
TOKYO : Japan’s container exports to the United States reached 54,409 TEUs in October, translating to a 7.9% increase over the same month in 2022. On the other hand, they fell 10% from the
APEDA facilitates cashew exports on National Cashew Day to Bangladesh, Qatar, Malaysia and USA
NEW DELHI : The Agricultural and Processed Food Products Development Authority (APEDA), an organization under the Ministry of Commerce, Government of India, played an instrumental role as an export facilitator and flagged off its
Coal imports to India in October 2023 reached highest levels in nearly a year and a half
NEW DELHI: In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2022 and an increase of 43.5% year on
India developing sea protocols for fresh produce to boost ocean exports
NEW DELHI : The majority of the agri exports in India use air cargo and due to high freights, it lowers the competitiveness of these products and this is the major challenge these exports
Commerce Ministry ropes in E-comm players to propel districts as export hubs
NEW DELHI : In its push for Micro, small and medium enterprises (MSMEs) and as part of efforts to boost e-commerce exports from the country, the Directorate General of Foreign Trade (DGFT) under the commerce and
Carriers on India-US Trade attempt higher rate hikes for December
MUMBAI : Container carriers serving India-US Trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled the amount of a previously announced peak