Jewellery exports dip 5.49% in October to Rs 24,583 crore: GJEPC
The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council. The decline in exports is mainly due to a decline in demand in the main export markets following the US-China trade war, protests in Hong Kong and the implementation of VAT in the Middle East, GJEPC added.
India's engineering exports declines for fourth straight month in September
Following the broader merchandise trend, engineering exports from...
How a tough Indian market is making De Beers change its policy
De Beers, once-inflexible diamond company, allows traders to return rough ston...
India must open up to be global power: Eric Fishwick, CLSA
Fishwick expects US and China to hammer out a trade deal in December.
Share market update: Consumer Durables shares mixed; Voltas up 2%
The S&P BSE Consumer Durables index was trading 0.17 per cent up at 25,003.94 around 11:38 am.
Eicher investors may need to focus on margins as volume accelerates
The volume growth can be attributed to several factors.
Cotton exporters hope to resume trade with Pakistan
Indian merchants peg potential cotton exports from India to Pakistan at $1.5-2 billion.
Price, preference raise platinum demand 30%
In 2018, India had imported 6 tonnes of platinum.
SEPC for adding more services under export incentive scheme to boost shipments
Services Export Promotion Council (SEPC) Director General Sangeeta Godbole has said that they have asked the commerce ministry to widen the scope of SEIS by including more services in the list like animation and VFX under audio visual services. She said the council is working with the Commerce Ministry on the matter.
India's diesel exports to weigh on Asia's refining margins
India's state-owned refiners, such as Indian Oil Corp , Bharat Petroleum Crop and Hindustan Petroleum Corp, used to buy in supplies from private companies to meet demand at the pump. But a decline in diesel consumption, which accounts for about two-fifths of overall fuel demand, means that refiners have to export diesel to overseas markets.
APEDA eyes $60 billion agriculture exports with support of new policy
“Achieving an agriculture export target of $60 billion by 2022 does not look ambitious, given the current global market conditions. More so, because India’s export basket largely comprises meat, marine products, and basmati rice whose demand in the world market is on constant increase,” said Tarun Bajaj, GM, APEDA.
SEIS ambit may be widened; sops likely for animation, VFX
Launched in 2015, Service Exports from India Scheme is an incentive scheme that offers reward at 5% or 7% of net foreign exchange earned and covers service providers located in India.
Oilmeals exports plunge 55% in Oct: SEA
The SEA release added that export from Kandla is reported at 518,525 tons (37 per cent).
India's plastic exports fall 6% as shipments to China, Pakistan dip
India's exports during April-September topped USD 4.32 billion, compared to USD 4.59 billion in the same period in the last financial year, down 5.9 per cent, according to Chairman of the Plastics Export Promotion Council, Ravish Kumath. India's plastics exports in 2018-19 were USD 10.89 billion, up 24 per cent from previous year's figure of USD 8. 85 billion.
Services exhibition to be held from Nov 26-28 in Bengaluru to attract investment
The programme, aimed at engaging industry and governments across the world and to promote greater exchange of trade in services between India and rest of the world, will have Services Export Promotion Council (SEPC) and Confederation of Indian Industry (CII) as partners.
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