Sunday, 2 October, 2022
TopicIndian exports

Topic: Indian exports

India-US trade 40% higher than pre-Covid. But export basket has same old gems, jewellery, pharma

Between January and May this year, India-US goods trade touched $55.57 bn compared to $40.27 bn in the same period in 2019. Experts say surge largely driven by Indian exports to US.

Uh oh. Data shows India-China trade deficit widening, Indian exports falling for 1st time in yrs

Commerce ministry data shows that in April and May, India’s exports to China declined by 31% while imports grew by 12.75%. Overall trade grew by just 2% compared to previous year.

After drop in global oil prices, govt slashes windfall tax on fuel export

According to the govt, the Rs 6 a litre export duty on petrol was scrapped & the tax on export of diesel and jet fuel was cut by Rs 2 per litre each to Rs 11 and Rs 4 respectively.

Expansion in services, core infra growth give leg-up to post-pandemic Indian economy

Surveys show activity in dominant services sector in May rose to highest level in 11 years; erratic weather and virus uptick remain concerns.

India faces flak for wheat export ban, experts fear move could trigger domino effect

India, the world’s second-largest producer of wheat, announced the export ban Saturday amid the impact of severe heat waves on wheat yields.

India’s exports bounced back after Covid. But here’s how Modi govt can achieve $5tn economy

India’s share in global exports is just 1.6 per cent. Targeted long-term strategy on the supply side is needed to enable India's ease of exporting.

BJP govt doing disservice to Hinduism by justifying ban on stalls by Muslims at Karnataka temples

ThePrint view on the most important issues, instantly.

Agra’s parchinkari — How ODOP is taking Mughal-era marble handicrafts to modern markets

Parchinkari art form continues to be practised using technology that has remained unchanged for the last 400 years. It now supplement Agra’s original ODOP, leather goods.

Blue-collar blues — not too late to boost manufacturing exports, but strong rupee makes it tough

Manufactured goods are ever-shrinking slice of pie, & high exchange rate from surplus in service trade keeps Indian products pricey in export markets, despite low labour costs.

Wheat exports set for record, shipments more than double over last season

India is one of the largest producers of wheat but sells little abroad. Export restrictions in Russia and surging prices across major sellers is set to make it the 9th largest shipper.

On Camera

YourTurn

Wild elephants monitored under thermal UAVs in Maharashtra | RESQ Charitable Trust

We monitored wild elephants, leopards in villages with thermal drones first time in Maharashtra

Whether it's monitoring wildlife, mitigating conflict, capturing of wildlife on field, UAVs are effective tools to complement existing on-ground efforts.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

File photo of former Air Chief Marshal RKS Bhadauria after flying a MiG-21 of 51 Squadron at the Srinagar airbase | ANI

Famed IAF pilot Abhinandan Varthaman’s MiG-21 Squadron bows out from Srinagar today

Known as the ‘Sword Arms’, number-plating of the squadron was done Friday. It has made way for MiG-29s to be the new 'guardian of the Valley'.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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