The Centre is likely to implement a blanket ban on sugar export in response to rising prices and lower-than-expected production in the 2022-23 season, which began in October. According to the current quota, millers are permitted to sell around 6 million tonnes of sugar in the 2022-23 crop marketing year (October to September), down from […]
The overall gem and jewellery exports grew 2.48 per cent to Rs 3,004,62.52 crore in FY 2022-23 as compared to Rs 2,931,93.19 crore for the same period the previous year, said Union Commerce Minister Piyush Goyal on Monday in Mumbai. In terms of US dollars, the overall gem & jewellery exports accounted for USD 37,468.66 […]
India’s exports have shown impressive growth in both services and merchandise trade, said Srikar K Reddy, Joint Secretary, Union Commerce Ministry on Thursday. Speaking on ‘India’s free trade agreement with UAE– Tapping the potential for enhancing trade and investments’, he said that overall exports for the financial year 2023 have reached USD 770 billion, with […]
The US remains the top destination for India’s engineering goods exports in the financial year 2022-23 with total shipments value recording 6.8 per cent year-on-year growth to USD 18.67 billion. The other key markets, which registered positive growth, include the UK, Germany, Singapore, Saudi Arabia, Mexico, and Indonesia. Exports of engineering goods to China continued […]
Union Commerce Minister Piyush Goyal said that India’s overall exports scaled new heights to USD 770 billion in 2022-23, registering 14 per cent growth compared to the previous year’s figures. He said, “It is an all-time high record, growing from USD 500 billion in 2020-21 to USD 676 billion in 2021-22”. Goyal was addressing the […]
The World Trade Organisation (WTO) said that UAE’s trade in goods with the rest of the world hit USD 1.024 trillion in 2022 as the share of both exports and imports increased on the back of higher crude oil prices. Imports accounted for 22 per cent of that amount while exports grew by 41 per […]
