March 30, 2026
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January exports rise by 3%, despite Red Sea crisis; Trade deficit narrows marginally: FIEO

February 19, 2024 EXPORT, Business, COMMERCE, Global Trade, Logistics, Trade, Trending News
NEW DELHI : Responding to January, 2024 trade data especially exports which rose by 3 percent US$ 36.92 billion, Mr Israr Ahmed, President (Officiate), FIEO said that the increase in exports despite the Red Sea

India’s January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis

February 16, 2024 EXPORT, Trade, Trending News
NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in the Red Sea disrupting trade as

With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure

Exporters’ body seeks easy credit, global shipping line

February 3, 2024 EXPORT, Shipping, Trade, Trending News
NEW DELHI : Exporters have highlighted the need for access to easy and affordable credit, support for development of a global shipping line in the country and increased allocation for the Market Access Initiative

FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President

January 29, 2024 EXPORT, Policy, Shipping Line, Trade, Trending News
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part

Interim Budget 2024: Exporters seek higher allocation for MAI scheme

January 27, 2024 EXPORT, Policy, Trade, Trending News
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to promote Indian exports and help them

2nd Edition of Sourcex India 2024 concluded marking a significant milestone promoting manufacturing and exports: FIEO

January 20, 2024 EXPORT, Business, Trade, Trending News
NEW DELHI : The 2nd Edition of Sourcex India (Jan 17-19) 2024, concluded on Friday at Pragati Maidan, here, marking a significant milestone in Government of India’s efforts in not only promoting manufacturing and

Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due to jumping freight rates

January 19, 2024 EXPORT, Global Trade, Shipping, Trending News
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should start

India’s exports may take a $30 billion hit on Red Sea threats

January 9, 2024 EXPORT, Business, Economy, Maritime, Trade, Trending News
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge in container shipping rates and prompt exporters to

Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs

January 3, 2024 Logistics, Global Trade, International Shipping, Trending News
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi rebels targeted a Singapore-flagged Maersk container,
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