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01 Jan 2023

India's agricultural products exports in 2022-23 up 16 %

India`s agricultural and processed food products exports rose by 16 per cent in the first eight months. The export of pulses, basmati rice, poultry products, dairy products, and wheat from India has increased by 90.49 , 39.26 , 88.45 , 33.77 , and 29.29 per cent

22 Nov 2022

Australian PM announces FTA with India: What it means for both nations?

Australia’s stock of investment in India was $15.4 billion in 2020 Under FTA, Australia will offer zero-duty access to India for about 96 percent of its exports (by value) from Day One 'India-Australia FTA is expected to raise bilateral trade to $45-50 billion in the next five years' says Piyush Goyal

Windfall profit tax

02 Oct 2022

Govt cuts WINDFALL profit tax on domestic crude oil; scraps LEVY on jet fuel

Govt cuts windfall profit tax on domestic crude oil and diesel on Saturday. It also scrapes the levy on the export of jet fuel from Oct 2. India first imposed windfall profit taxes on July 1, 2022.

15 Jun 2022

India’s exports rise 20.55% to USD 38.94 bn in May

The trade deficit during the first two months of this fiscal widened to USD 44.69 billion against USD 21.82 billion in the year-ago period.

03 May 2022

Top 10 'Make-in-India' cars exported globally - Maruti Suzuki, Hyundai leads

Maruti Suzuki and Hyundai-Kia tops the charts of most exported cars Maruti Suzuki Dzire stood at number one position Maruti Suzuki Baleno stood at second position with 117.3% jump

25 Mar 2022

Gujarat again tops NITI Aayog's Export Preparedness Index 2021

The Export Preparedness Index assesses the readiness of the states, in terms of their export potential and performance.

19 Feb 2022

FPOs to play key role in making India a global millet hub: Govt

The issue was discussed in detail on Friday at the ongoing Dubai Expo as part of India's fortnight event on 'Food, Agriculture and Livelihood'. During the session, senior government officials and sector experts deliberated on opportunities for Indian industry players to enhance the country's export potential.

Free trade agreement

06 Jan 2022

Boris Johnson dismisses visa link with Indian free trade deal

Conservative MP Sir Edward Leigh asked Johnson if a relaxation of visa controls from India was in the works to secure a trade agreement.

01 Aug 2021

UK firm fined over Rs 15 cr for illegally exporting household waste to India

Biffa, a famous UK firm, has been fined over Rs 15 cr for exporting household waste to India and Indonesia. The waste firm was penalised for breaking export law which the judge called 'reckless, bordering on deliberate'.

02 May 2021

Exports jump to $30.2 billion in April; trade deficit at $15.24 billion

Imports too rose to $45.45 billion last month as against $17.09 billion in April 2020. Due to the Covid-19 pandemic induced lockdown last year, exports shrank by a record 60.28 per cent in April 2020. In April 2021, oil imports stood at $10.8 billion as compared to $4.65 billion in the corresponding month last year.

Central Board of Indirect Taxes and Customs

23 Jun 2020

CBIC enables end to end paperless exports under turant customs

Turant Customs, which has as its main component Faceless Assessment, would be implemented in phases across the entire country by 1st January 2021.

12 Sep 2019

Govt will soon come out with enhanced insurance cover for exporters

He also emphasised that India needs to work on its strengths by exploring market access for agriculture and pharma products in different regions.

India manufacturing

01 Jun 2017

India's manufacturing sector growth falls to 3-month low in May

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- declined from 52.5 in April to a three-month low of 51.6 in May.

01 Mar 2017

Manufacturing sector expands for second straight month in February

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- increased to 50.7 in February, up from 50.4 in January, as output and orderbooks rose at accelerated rates.

Economic Survey 2017

31 Jan 2017

Economic Survey 2017 says recovery of India's exports likely to continue

Uptick in the global economy is likely to push the country's exports further in the coming years, the Economic Survey today said.

22 Sep 2016

Monsoon to keep India's diesel exports near 3-year highs

India`s diesel exports are expected to hover near a three-year high in September, as monsoon rains reduce the need to use the fuel in irrigation pumps, according to traders and refinery sources.

08 Aug 2016

China's exports, imports decline amid falling global demand

China's exports and imports declined by about three percent in the first seven months amid falling global and domestic demand, according to data released by a ministry-level administrative agency here.

15 May 2016

Manufacturing sector likely to slow down in April-June quarter: FICCI

Growth of India's manufacturing sector may decelerate during June quarter due to factors like bleak export outlook, poor demand and high cost of borrowing, a FICCI survey has said.

04 Apr 2016

Bajaj Auto motorcycle sales up 26% to 2,64,249 units in March

Bajaj Auto today reported a 26 percent increase in motorcycle sales at 2,64,249 units in March.

01 Feb 2016

Iraq oil exports up but revenue plunges on low prices

Baghdad is facing a financial crisis due to the fall in oil prices, which the ministry said averaged $22.21 in January -- less than half the amount projected in the 2016 budget.

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