TOP GAS EXPORTER
Higher local demand may hurt steel exports in FY21
Exports of finished steel during the April-December period of the ongoing fiscal year increased marginally to 6.5 million tonnes from 6.36 mt in the same period last year, according to provisional figures released by the Joint Plant Committee, an authoritative and independent source of information about the Indian iron and steel industry.
C&S acquisition aimed at making India exports hub
"Infrastructure is not growing at the rate at which it should. It’s a mixed picture. There ...
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To boost desi companies, curbs likely on tyre, furniture imports
The government is all set to clamp down on import of furniture and certain types of tyres in order to give a fillip to domestic manufacturing. Separately, certain types of gems are also on the radar for import curbs.
Maruti Suzuki begins export of S-Presso
"S-Presso is a true symbol of Make in India. The car stands testament to our commitment to offer best in design, technology and safety to our customers both locally and globally," MSI MD said. The SUV-shaped car featured amongst India's top 10 bestselling cars within a month of its launch with the company selling over 35,000 units since launch in September 2019 in the domestic market.
There's an opportunity in export for tyres, especially to Europe, says Anant Goenka, MD, Ceat
The tyre industry in India has seen its growth momentum getting arrested due to a slowdown in the sales of vehicles, which has led Cear to defer some of its planned capital investment but they still see an opportunity in export.
Govt considering lifting ban on onion exports
The government is considering lifting ban on exports of onion as fresh arrival of the commodity has started softening its prices in the domestic market, an official said.
Focus on investment and exports to revive investment, economic cycles: Kiran Mazumdar Shaw
In order to restore confidence among private players, government has to bridge the trust deficit. We need consistency in policy because I do not think we should be flip-flopping and that is what investors want to see in any economic climate.
Despite recovery signs, gem & jewellery exports may dip 2-5%
There will be some recovery in demand in fourth quarter.
India should become a content exporter: Crypt TV Founder
Davis, who entered into a content alliance with producer Vikram Malhotra’s Abundantia Entertainment last year, is on his second visit to India and plans to meet with Indian scriptwriters and directors along with Malhotra.
Electronics exports: Budget may retain MEIS incentive
The MEIS scheme was found to violate the World Trade Organization rules as it was export focussed and India has appealed the organisation’s ruling on the subject.
US may buy more Indian shrimp this year
Besides, the prices were also lower compared to the previous year.
Cheaper loans for exporters in the works
The commerce department has proposed giving rupee credit to exporters at around 7.5% rate of interest and dollar-denominated loans at around 3.5% under the proposed scheme. It will soon take a proposal to the cabinet.
Times Internet to host new luxury section in partnership with with Gems & Jewellery Export Promotion Council
Commenting on the launch, Puneet Gupt, COO - Times Internet said, “We are excited to partner with Gems and Jewellery Export Promotion Council to bring the best of global fashion and jewellery content to Indian readers”. As a part of the launch, TOI Fashion team has worked with industry leaders to deliver the most premium lifestyle content in the country.”
US charges 5 over illegal exports for Pakistan's nuclear programme; Islamabad says no information
According to the indictment, between September 2014 and October 2019, the five operated an international procurement network of front companies that existed to acquire US-origin goods for the Advanced Engineering Research Organisation (AERO) and the Pakistan Atomic Energy Commission (PAEC). They exported US-made goods to the two Pakistani entities.
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