Govt hopeful of resolving Iran’s currency issue by next month; export to resume soon
NEW DELHI: As India’s export of commodities like sugar to Iran has been hit due to Tehran’s rupee reserves shortage with Indian banks, the government recently said the two nations are negotiating for the
Indian exporters experience surge in global demand
NEW DELHI : In a boost to Indian economy, Indian export books have reportedly swelled up to 40% in the current fiscal. This comes as a sign of relief as global demand had taken
Exporters may have to wait longer to get RoDTEP benefits
NEW DELHI: Exporters will have to wait longer to get incentives under the new Remission of Duties and Taxes on Export Products (RoDTEP) scheme. Sources privy to the development said differences between the Commerce
India’s Exports during March 1st to 14th up 17% at USD14 bn
NEW DELHI: Showing healthy signs of revival, India’s exports grew 17.27 percent to USD 14.22 billion during March 1-14 as compared to the year-ago period, according to the commerce ministry’s preliminary data. Imports during
Cotton export demand from China hits new high
NEW DELHI : Export demand for cotton, especially from China, has hit a new high, according to reports. Cotton prices have gained over 10 per cent so far this year following the firm trend
India’s agri exports recorded growth even amidst the blow of the pandemic: APEDA Chairman
Despite the hurdles posed by the Covid-19 pandemic across the globe, India’s agricultural and processed food exports have braved the odds by recording a significant rise as per the data available for the first
India’s merchandise exports expected to grow at 4.9% in Q4FY21’
India’s merchandise export is expected to grow at 4.9 per cent in Q4FY21, predicted Export-Import Bank of India in a report. Accordingly, the report cited that total merchandise exports can amount to $78.6 billion,
Exporters benefit scheme RoDTEP stuck in inter-ministerial tangle
The proposed Remission of Duties and Taxes on Exported Products (RoDTEP) scheme seems to be stuck in an inter-ministerial tangle. According to reports, the scheme benefits may not be available for certain export sectors