Gold imports jump multi-fold to $7.9 bn in April-June quarter
NEW DELHI : Gold imports, which have a bearing on the country’s current account deficit, jumped multi-fold to USD 7.9 billion (Rs 58,572.99 crore) during the April-June 2021 quarter due to low base effect
Indian exporters feel the heat of container logjam
MUMBAI : Foreign buyers have started cancelling the shipments boarding from India because the exporters are not able to avail any containers leading to consignments lying at various ports for weeks together. This, coupled
1,000 shrimp containers stuck in Chinese ports, half of them from Andhra Pradesh
VIJAYAWADA : Anywhere between 1,000 to 1,200 containers of shrimp exported from India are now stranded in the Chinese ports, locking up monetary transactions worth Rs 1,200 crore approximately. Reason: China suspects coronavirus traces on the
India’s rice exports likely to top last year’s performance
CHENNAI : India will likely continue its dominance in the global rice market this fiscal, too, with its competitive offerings. Non-basmati rice exports are likely to exceed last fiscal’s record shipments of 13.08 million
Govt exempts pulses’ importers from stock limits; relaxes norms for millers
NEW DELHI : The government exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country..
China’s love for Indian hot chillies spices up exports
KOCHI : Chilli continued to be the most sought after in the spices export basket, enabling India’s spices shipments to top the $3.5 billion mark in total exports during 2020-21 fiscal. In 2019-20, the
Can The Indian Economy Get An Export Lift?
NEW DELHI : India’s exports have risen for four consecutive quarters, with a number of key items seeing strong growth in outbound shipments when compared to pre-pandemic levels. Exports, which hit $93.5 billion in
Gujarat Govt offers ₹150-cr incentive for SMP Exports
AHMEDABAD : Gujarat Government on Friday announced financial support for the dairy cooperatives in the State to export skimmed milk powder (SMP). The subsidy support is fixed at ₹50 per kg of SMP with