export

“While the price of Dussehri mangoes in India ranges between Rs 60 and Rs 100 per kilogram, its price in the US market has increased to Rs 900 per kilogram. Taking into account duties, freight and air ticket costs, shipping a kilogram of mango to the United States could cost between Rs 250 and...

Chennai: Security agencies have seized a Chinese consignment of internationally banned chemicals, apparently destined for Pakistan's biological and chemical warfare programme, at a port in Tamil Nadu, officials said on Thursday.The consignment of orthochlorobenzylidene malononitrile, also...

During the meeting here, which focused on expanding the state's agricultural export potential and promoting international cooperation, Jauramajra highlighted Chief Minister Bhagwant Mann's vision of putting the state's products on the global map, and said litchi shipments would be facilitated by...

Leaders of NATO member states "strongly" condemned North Korea's export of artillery shells and ballistic missiles to Russia and expressed "great concern" over the two countries' deepening partnership, Yonhap news agency reported."We welcome the adoption of the declaration," Foreign Ministry...

New Delhi, The Commerce Ministry on Wednesday clarified that the interest equalization limit for the period July 1 to August 31 will be Rs 1.66 crore per IEC (Import-Export Code).Last month, the government had extended the Interest Equalization Scheme (IES) on pre- and post-shipment rupee...

New Delhi: An agreement between India and Taiwan to facilitate trade in organically produced goods, including tea and medicinal plants, has come into force from July 8, the Commerce Ministry said on Wednesday.The Mutual Recognition Agreement (MRA) will ease the export of organic products by...

Kathmandu, Nepal, is likely to export 40 MW of hydropower to Bangladesh within a month, the first time it will sell to a third country besides India, officials said here on Tuesday.The Bangladesh Power Development Board (BPDB) has sent a letter to the Nepal Electricity Authority (NEA), the...

Kolkata, Engineering Export Promotion Council (EEPC India) has urged the government to revive the interest subvention scheme for exporters in its pre-budget recommendations.Arun Kumar Garodiya, President, EEPC India, stressed the importance of the scheme especially with rising interest rates...

Speaking in the State Council, Fadnavis said, "Maharashtra consistently remained at the number one position in attracting investment during 2014-19 and has regained the number one position during the Mahayuti regime."His statement assumes significance as the state government led by Chief...

New Delhi, RBI's proposal to streamline regulations covering export and import transactions would simplify and streamline processes for the trading community, say exporters.They said this is an "excellent effort" by the central bank as the July 2 draft operational guidelines for export and...

Dhaka, The first transaction of pulse export worth more than Rs 1 crore from India to Myanmar was successfully executed on Tuesday under the Rupee-Kyat Trade Settlement Mechanism, a move that will boost bilateral trade and enhance the usage of local currencies."The Rupee-Kyat Trade Settlement...

MUMBAI: The RBI on Tuesday proposed to rationalize rules covering export and import transactions with a view to promote ease of doing business and empower banks to provide more efficient service to their forex customers.The central bank has issued 'Regulation of Foreign Trade under the Foreign...

Islamabad [Pakistan], Pakistan's agriculture and food sector is facing significant challenges, particularly in its narrow export base dominated by a limited range of commodities. Among them, rice emerges as the top export, generating over $3.5 billion in foreign exchange in fiscal year 2024...

The agreement is for the construction of an advanced ocean tug and the order is worth $21 million and the vessel will be completed in 24 months.The agreement highlights GRSE's continued efforts to secure export orders. The shipyard is the first in India to export a warship to Mauritius.In...

“The Indian manufacturing sector ended the June quarter in a strong position. "The headline manufacturing PMI rose 0.8 percentage points to 58.3 in June, supported by a pick-up in new orders and output," said Maitreyi Das, global economist at HSBC.The report said the performance of the...

He virtually flagged off the first consignment of litchi exported by the Department of Horticulture in collaboration with Agricultural and Processed Food Products Export Development Authority (APEDA).He said that litchi is cultivated in 3,250 hectares in Punjab, whose production is about...

New Delhi, Tobacco exporters have asked the government to extend the RoDTEP duty drawback scheme to the sector to boost outbound shipments.In a meeting with Commerce and Industry Minister Piyush Goyal in Hyderabad on June 29, traders claimed that tobacco exporters are not covered under any...

The lender said on Friday that the Bay Terminal will significantly improve Bangladesh's global trade competitiveness and reduce import and export costs by increasing port operational efficiency and mobilizing private investment.The government plans to develop two container terminals, a...

Mumbai (Maharashtra) [India], Union Minister of Commerce and Industry Piyush Goyal said that India is on track to achieve a historic export target of $800 billion this year in goods and services.Speaking in Mumbai at an event organized by the Gems and Jewelery Export Promotion Council (GJEPC)...

Mumbai, India's exports of goods and services are expected to cross $800 billion this fiscal year despite global challenges, Commerce and Industry Minister Piyush Goyal said on Saturday.In 2023-24, shipments amounted to $778.2 billion (goods $437.1 billion and services $341 billion).He said...