EXPORTERS
SEBEX 2: India gets one of the most powerful non-nuclear bombs that's two times more lethal than TNT
India has introduced SEBEX 2, a high-performance explosive with a TNT equivalence of 2.01. Developed under the Make in India initiative by Economic Explosives Limited, SEBEX 2 enhances the effectiveness of various munitions without increasing weight....
Rajnath Singh begins tenure as Defence Minister, plans to boost defence exports
On June 13, 2024, Union Minister Rajnath Singh assumed the role of Defence Minister. Singh expressed the government's commitment to enhancing exports in the defence sector, aiming for a target of Rs 50,000 crore over the next five years.Rajnath Singh begins tenure as Def...
'Modi is Prime Minister of Gujarat, not the country': Sanjay Raut
Mumbai: Shiva Dena (UBT) leader Sanjay Raut trained guns at Prime Minister Narendra Modi and said that he is the prime minister of Gujarat, not India. “Modi is the Prime Minister of Gujarat, not the country. We say this repeatedly. He is not the Prime Minister of the country but only ...
India’s Onion Diplomacy: Pink bulb gifts for UAE, Sri Lanka amid festive season
India has allowed export of 10K metric tonnes of onion to Sri Lanka and an additional 10K MT for UAE. UAE had received 24.4K MT of pink bulbs recently. This comes amid an announcement of the export of 50K MT of onion to Bangladesh and 550 tonnes to Bhutan, apart from 3,0...
'Monumental achievement…': PM Modi lauds India's record Rs 21K cr of defence exports in FY24
For the first time in the history of Independent India, defence exports touched a record Rs 21,083 crore in the financial year 2023-24. India’s defence exports saw a record growth of 32.5 pc over the last fiscal year when the figure was Rs 15,920 crore. The ...
'India will soon export Vande Bharat train…': Ashwini Vaishnaw's big update on Railways vision
Prime Minister Narendra Modi on Monday inaugurated and laid the foundation stone, and dedicated to the nation over 2000 railway infrastructure projects worth around Rs 41,000 crores. Speaking on occasion, Railways Minister Ashwini Vaishnaw thanked the Prim...
Centre imposes 20% export duty on parboiled rice with immediate effect to maintain adequate local stock
Just days after assuring that there are no plans to restrict export of non-Basmati parboiled rice, the Centre late on Friday imposed 20 per cent export duty on par-boiled rice with immediate effect. The decision was taken to curb the rising prices
Centre imposes 40% duty on onion exports till December 31 to control rising prices
The government on Saturday imposed an export duty of 40% on onions with immediate effect to check price rise and improve supplies in the domestic market. This export duty is valid till December 31, 2023.Centre imposes 40% duty on onion exports till December 31 to cont
Fundamental Radar I Four factors set to drive 18% revenue CAGR for Gokaldas Exports
Gokaldas Exports manufactures and exports diverse apparel products to various fashion brands and retailers in over 50 countries. With benefits such as the China+1 theme, potential free trade agreements with the UK, Canada, and Europe, and a recovery in demand, the co
Joe Biden announces more than 500 sanctions on Russia after Navalny's death
US President Joe Biden on Friday announced Washington would issue more than 500 new sanctions targeting Russia as the United States seeks to increase pressure on Moscow to mark the second anniversary of its war in Ukraine.The United States will also impose new export restric
Big boost to 'Make in India'; Indian Navy all set to buy 220 BrahMos extended-range missiles
New Delhi: The Cabinet Committee on Security has cleared Indian Navy’s proposals to buy 220 BrahMos extended-range missiles for its warships. The contract will be signed on March 05 and 220 BrahMos will be worth around Rs 20,000 crore. The extended-range Bra
Light Tanks, Tactical Missiles & more: DRDO Chief unveils India's future defence plans
DRDO Chairman Dr Samir V Kamat announced on January 25 that India plans to initiate the export of ground systems for BrahMos supersonic cruise missiles within the next ten days. He also mentioned that the cruise missiles are anticipated to be dispatched by March o
Delhi: Piyush Goyal unveils Foreign Trade Policy 2023, expects exports to touch $2 trillion by 2030
Union Minister for Commerce and Industry Piyush Goyal on March 31 unveiled the Foreign Trade Policy 2023. Union Minister of State for Commerce and Industry Anupriya Patel and other officials were present during the event. Delhi: Piyush Goyal unveils F
India's goods and services exports may cross USD 750 bn this Fiscal, says Piyush Goyal
India's goods and services exports are expected to cross USD 750 billion this fiscal despite the global economic uncertainties, Commerce and Industry Minister Piyush Goyal said on Saturday.India's goods and services exports may cross USD 750 bn this Fiscal, says P
Israel-Hamas war | Iran's Khamenei 'orders' Muslim countries to cease oil and food exports to Israel
Iran's Supreme Leader Ayatollah Ali Khamenei calls on Muslim states to cease oil and food exports to Israel. In a video published by Iranian State media, Khamenei was seen giving this speech to a group of students in Tehran.Israel-Hamas war | Iran's
'No opportunity in the history of mankind comparable to today’s India': Piyush Goyal at AEPC event
New Delhi: Addressing the 23rd Apparel Export Promotion Council (AEPC) Excellence Honours on December 08, Union Minister of Commerce and Industry, Piyush Goyal said that considering the opportunities in India, no other opportunity in the history of man
India extends curbs on sugar exports till October 31, 2023
India has extended restrictions for sugar export by one year through October 2023, news agency Reuters quoted a government notification as saying. India, the world's biggest sugar producer, had restricted exports in May through the end of this month to contain a rise in domestic prices follo
Exports dip 17% to USD 29.78 billion in October; trade deficit widens to USD 26.91 billion
India's exports entered negative territory after a gap of about two years, declining sharply by 16.65 per cent to USD 29.78 billion in October, mainly due to global demand slowdown, even as trade deficit widened to USD 26.91 billion, according to data released
Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations
India's economy grew 7.6 per cent in the September quarter as against 6.2 per cent in the year-ago period, according to official data released on Thursday. India remains the fastest-growing major economy, as China's GDP growth in the July-September quarter
China's exports slide 8.8% in August as economy remains under pressure
China's exports and imports fell in August, data showed on Thursday, as the twin pressures of sagging overseas demand and weak consumer spending squeezed businesses in the world's second-largest economy. While the trade numbers beat analysts' expectations, they show China's manuf
After wheat, now Modi govt puts curbs on wheat flour exports
After banning wheat exports in May, the government has imposed restrictions on outbound shipments of wheat flour or atta, maida and semolina, a move aimed at containing price rise. Exporters of these commodities would now need approval of the inter-ministerial committee on export of wheat
Empowering SMEs: Strategies for boosting exports and navigating global trade challenges
The panel discussion on the theme of exports and global competitiveness, titled ‘Empowering SMEs: Strategies for boosting exports and navigating global trade challenges’ features top industry experts Dr. H.P. Kumar, External Affairs Director at Power2SME Pvt. Ltd
US: Rice export ban triggers panic buying among NRIs
The Non-Resident Indians in the US are bringing home dozens of rice bags fearing shortage amid ban by the Indian government on the export of non-Basmati rice varieties. Watch!US: Rice export ban triggers panic buying among NRIs
Stock Radar: Accumulate Gujarat Ambuja in the range of 290-300 levels, says Jay Patel
“Gujarat Ambuja Exports has been consolidating for the past 1 year and this month we saw stock has broken above the descending triangle pattern on charts. Traders to buy in the range of Rs 290-300 levels for potential target levels of 335-340,” Jay Patel, Research
India bans export of ‘Non-Basmati White Rice’; NRI families in USA panic-buy rice bags
NRIs across the United States are facing difficulties to buy rice at local Indian stores. There are purchase restrictions and prices have surged as top exporter India banned export of ‘Non-Basmati White Rice’. Government of India has amended the Export Policy of N
Govt caps sugar exports; what does this mean for the industry
In a significant move, the government placed restrictions on sugar exports today to prevent a surge in local prices. According to reports, the govt has told traders to secure permission for overseas sale of sugar from June 1 to October 31. What does this mean for the industry? Watch.Govt
India's trade deficit widens to $26.18 billion in June; exports rise 23%, imports up 55%
India’s overall exports, merchandise and services combined, are estimated to have grown 22.95% year-on-year in June 2022, at around US$64.91 billion, the Ministry of Commerce & Industry said in a press release on Thursday. For the same period, the overall import
Wheat export ban: Have kept window open for countries looking to import for their food security, says Sudhanshu Pandey, Secretary, DoFPD
"This is not an export ban, It is a regulation of export. The Indian govt has kept the import window open for countries looking to import food for their own food security'' says Sudhanshu Pandey, Secretary, DoFPDWh
Vande Bharat Express to replace Rajdhani trains; Govt to start 'made in India' VB trains export
The Indian Railways is all set to introduce sleeper versions of Vande Bharat Express trains, which would run at a speed of 200 km per hour. It may be noted that the sleeper version of the semi-high-speed indigenous train will be an alternative to already
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