trade
Despite Dip, Overall Exports Narrow India's Trade Deficit In December
Consumer Economy

India, Russia Discuss Boosting Trade In Fisheries, Dairy Products

The discussions also focused on collaboration in research, education and emerging aquaculture technologies

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Consumer consumer Economy People Retail

Trade Worth Rs 12,000 Cr Expected During Chhath Festival: Cait

The majority of products used during Chhath Puja are crafted by local artisans and craftspeople, generating new employment opportunities and supporting cottage industries

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Indian PC Imports From China Plummet After Government Measures
Electronics Export International National News

Indian PC Imports From China Plummet After Govt Measures

The latest data from the commerce department revealed that China’s total shipments of personal computers and laptops to India stood at 89.4 per cent in December, which when compared to the period from April to December was found to be at 76.4 per cent in FY 2024. December spelled a different story for China’s imports […]

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US Senators Push For Ban On Duty-Free Chinese Imports, Citing Unfair Competition
Government International News

US Senators Push For Ban On Duty-Free Chinese Imports, Citing Unfair Competition

Two US Senators, Sherrod Brown and Rick Scott, are advocating for a significant crackdown on the influx of duty-free packages from China into the United States. They have called upon President Joe Biden to take executive action to address what they perceive as an unfair advantage given to Chinese products. In a letter to President […]

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Finance Government National News

India’s GST Revenue Soars 10.4% YoY In January, Second-Highest Collection Ever

India’s Goods and Services Tax (GST) revenue for January 2024 has jumped to Rs 1,72,129 crore, reflecting an impressive 10.4 per cent Year-on-Year (Y-o-Y) growth. This is the second-highest monthly collection ever and the third time in the fiscal year 2023-24 that collections topped Rs 1.70 lakh crore. From April 2023 to January 2024, gross GST collections totaled […]

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India's 2023 Exports Inch Up 0.4%, Defying Global Uncertainties
Export National News

India’s 2023 Exports Inch Up 0.4%, Defying Global Uncertainties

India’s exports of goods and services showed a marginal increase of 0.4 per cent, reaching USD 765.6 billion in 2023, defying global economic uncertainties. According to data from the commerce ministry, key sectors contributing to this growth include electronics, pharmaceuticals, cotton yarn, fabrics, and made-ups, ceramic products, meat, dairy, and poultry products, fruits and vegetables, […]

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Despite Dip, Overall Exports Narrow India's Trade Deficit In December
National News Trade

Despite Dip, Overall Exports Narrow India’s Trade Deficit In December

India’s trade performance in December witnessed a nuanced pattern, with the overall exports, encompassing both merchandise and services, declining to USD 66.33 billion compared to USD 69.29 billion in December 2022, as per data released by the Commerce Ministry. However, a closer look at the sector-wise breakdown reveals divergent trends. Merchandise exports in December demonstrated […]

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Govt Evaluates Import Data To Assess Impact Of New IT Hardware Import Management System
Electronics Government International National News Trade

Govt Evaluates Import Data To Assess Impact Of New IT Hardware Import Management System

The government will judge the current import control system for specific IT hardware goods like laptops and tablets after assessing the import data it is monitoring after September, the news agency PTI reported. In October of last year, India implemented an import management system that requires importers of certain items to get government authorisation. The […]

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Indian Logistics Sector Adapts Swiftly To Red Sea Crisis
Government News Trade

India Calls High-Level Meeting To Tackle Red Sea Trade Disruptions

The Union commerce ministry has announced a high-level inter-ministerial meeting scheduled for next week, aiming to address and strategise against the challenges posed to India’s trade by the ongoing issues in the Red Sea. As per reports, the meeting would involve senior officials from five key ministries, namely external affairs, defence, shipping, finance, and commerce. […]

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