August exports decline by over 9 % YoY amidst global economic uncertainties coupled with drop in commodity prices and logistical challenges : FIEO President
NEW DELHI : Reacting to the August goods exports of USD 34.71 billion, which saw a decline of over 9 percent, FIEO President, Mr Ashwani Kumar said that such a sharp decline in merchandise
Another container shortage coming for Indian exporters: GTRI
NEW DELHI : Indian exporters may face yet another round of container shortages, compounded by already soaring freight costs, as reports emerge of China cornering all available container capacity to push as much shipments
Issue of declining bank credit to exporters to figure in Sept 11 Piyush Goyal’s meet’
NEW DELHI : The declining bank credit to exporters will hurt the sector, and traders will flag the issue prominently during their meeting with Commerce and Industry Minister Shri Piyush Goyal on September 11,
Container freight rates out of India begin to trend down after strong gains in July
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
Indian exporters on edge as mpox crisis looms over Africa trade
NEW DELHI : As the African continent grapples with a surge in Monkeypox cases, Indian exporters are keeping a close watch on the developing situation in the region, a crucial market for domestic exports.
India’s exports to face issues in Bangladesh as crisis deepens
NEW DELHI : Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.
Union Budget 2024-25 : FM announces to set up e-comm hubs to promote exports and establish 10-15 hubs
NEW DELHI : Finance Minister Smt Nirmala Sitharaman announced in her Union Budget 2024-25 speech on July 23 that, E-commerce export hubs will be set up in the country under a seamless regulatory and