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US emerges as India’s biggest trading partner in FY23 at $128.55 billion

April 18, 2023 EXPORT, Trending News
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” : Ashwini Vaishnaw

April 17, 2023 EXPORT, Trending News
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

Forthcoming FTAs will boost exports from India : Anupriya Patel

April 17, 2023 EXPORT, Trade, Trending News
MUMBAI : The forthcoming Free Trade Agreements (FTA) would substantially boost exports from India including exports from the chemicals sector, said Union Minister of State for Commerce & Industry Smt Anupriya Patel on April

UAE : India’s second biggest export destination & third biggest source for imports

April 17, 2023 Export - Import, Trade, Trending News
NEW DELHI : According to annual trade figures released by the Ministry of Commerce and Industry–UAE continues to be the second most important export destination for India. The US and the UAE retained the

“First domestic export of Gypsum” from Paradip to Pipavav Port handled by OSL

April 15, 2023 EXPORT, Ports, Trending News
PARADIP : Orissa Stevedores Limited (OSL) on Thursday handled the domestic export of Gypsum from Paradip Port to Pipavav Port in Gujarat, an official statement informed. “Eastern India’s major stevedoring company, Orissa Stevedores Limited

India on its way to become global leader in mobile devices segment, says Ashwini Vaishnaw

April 14, 2023 EXPORT, Trade, Trending News
NEW DELHI : With the doubling of smartphone exports from India to over USD 11 billion, the country is on its way to become global leader in the mobile devices segment, Union Minister of

India’s overall exports projected to scale new heights, growing at 13.84 percent during FY 2022-23 over FY 2021-22 to achieve USD 770.18 billion worth of exports

April 14, 2023 DGFT, Customs, EXIM, Export - Import, Logistics, Trade, Trending News
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2023* is estimated to be USD 66.14 Billion, exhibiting a negative growth of (-) 7.53 per cent over March 2022. Overall imports

Overall exports of over US$ 770 bn, amidst global headwinds, shows the resilience of the sector within the economy: Dr A Sakthivel, President, FIEO

April 14, 2023 EXPORT, Trade, Trending News
NEW DELHI : Overall exports (goods and services) of over USD 770 bn with a growth of about 14%, amidst global headwinds goes to show the resilience of the Indian exports sector, said Dr

India’s crude oil imports from Russia now double of traditional top supplier Iraq

April 11, 2023 Import, Trade, Trending News
NEW DELHI : India now imports twice as much crude oil from Russia as it does from Iraq, the country’s traditional main oil supplier, reaching a new high of 1.64 million barrels per day

Duty remission scheme for exporters may be extended beyond September

April 8, 2023 EXPORT, Economy, Policy, Trade, Trending News
NEW DELHI : Central Government is likely to extend the expanded duty remission scheme for exporters beyond the September deadline, providing relief to the pharmaceuticals, steel and chemicals sectors, said officials. The Remission of
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