merchandise exports

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    Economic Growth Forecast: RBI at 6.9% Amid Global Challenges

    Mumbai, April 8 The Reserve Bank on Wednesday projected India's GDP growth for the current financial year at 6.9 per cent, lower than the 7.6 per cent estimated for 2025-26, amid elevated commodity prices and supply chain disruptions originating from the West Asia crisis.Unveiling the first...
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    India's GDP Growth Forecasts: A Look at FY27

    Mumbai, April 8 The Reserve Bank projected India's GDP growth for the current financial year at 6.9 per cent, lower than the 7.6 per cent estimated for 2025-26, driven by concerns over elevated commodity prices and supply chain disruptions originating from the West Asia crisis.Unveiling the...
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    India's Merchandise Exports Rise Despite Economic Challenges

    New Delhi, April 3 India's exports have maintained a strong pace despite global challenges, and are expected to show positive growth in 2025-26, a senior official from the Ministry of Commerce said on Friday.Data on exports and imports for the month of March and the full 2025-26 fiscal year...
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    Goyal: Government Announces Support for Exporters Amid West Asia Crisis

    New Delhi, April 2 The government has announced measures to help exporters mitigate the impact of the West Asia crisis, and more decisions are being considered, Commerce and Industry Minister Piyush Goyal said on Thursday.The US-Israel attack launched on Iran in February has disrupted shipping...
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    Government Extends RoDTEP Scheme Amid Trade Disruptions

    New Delhi, April 1 The government has extended fiscal benefits under the RoDTEP scheme for exporters by six months, until September 30, amid disruptions to global trade caused by the ongoing West Asia crisis.The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in...
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    India's $10 Trillion Gold Reserve: Moving to Financial Markets

    New Delhi, March 25 India should unlock the vast household gold reserves by encouraging consumers to invest in financial instruments, said former Union Minister P P Choudhary and senior market officials on Wednesday, warning that physical hoarding limits the metal's contribution to economic...
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    India's Trade Resilience Amid West Asia Geopolitical Shifts

    New Delhi, March 24 The government is closely monitoring the situation in West Asia and the Gulf region, including its impact on India's external trade, shipping routes, and logistics chains, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce...
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    India's Exports See Strong Growth with RoDTEP Support

    New Delhi, March 24 Exports supported under the RoDTEP scheme are estimated to have grown at over 20% CAGR between 2023-24 and 2025-26, despite global headwinds such as weak demand, freight volatility, rising protectionism, and geopolitical uncertainties, an official said on Tuesday.At the...
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    RoDTEP Benefits Restored for Indian Exporters Amid West Asia Crisis

    New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters until March 31 amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported...
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    India Restores Export Tax Refunds as Trade Faces Challenges

    New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...
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    RoDTEP Benefits Restored Amid West Asia Crisis

    New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amid the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...
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    Currency Markets: Rupee Weakens Amid Oil Price Rise

    Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...
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    India's Merchandise Trade: February Figures

    New Delhi, March 16 The country's merchandise exports declined marginally by 0.81 per cent to USD 36.61 billion in February, according to government data released on Monday.Imports increased by 24.11 per cent to USD 63.71 billion in February this year from USD 51.33 billion recorded a year...
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    India's Merchandise Exports: February Performance

    New Delhi, March 16 The country's merchandise exports declined marginally by 0.81 per cent to USD 36.61 billion in February, according to government data released on Monday.Imports increased by 24.11 per cent to USD 63.71 billion in February this year, compared to USD 51.33 billion recorded a...
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    Navigating Trade Disruptions: India’s Response to West Asia

    New Delhi, March 13 The Ministry of Commerce is working to provide insurance support to exporters to help them cope with the ongoing West Asia crisis, an official said on Friday.An inter-ministerial group is monitoring developments on a daily basis and interacting with exporters."There is...
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    Inflationary Pressures Won't Trigger Rate Increases, Says RBI

    Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...
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    January Trade Data: Exports Up, Imports Soar

    India's total exports, encompassing both merchandise and services, increased by 13.17 percent year-on-year to $80.45 billion in January this year, compared to $71.09 billion in January last year. According to data released by the Ministry of Commerce, overall imports during the month grew at a...
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    Trade Deficit Widens as India's Exports Rise

    India's total exports, including merchandise and services, increased by 13.17% year-over-year to $80.45 billion in January this year, compared to $71.09 billion in January last year.According to data released by the Ministry of Commerce today, overall imports during the month grew at a faster...
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    India's Trade Deficit Stands at USD 34.68 Billion in January

    New Delhi, February 16 The country's merchandise exports increased marginally by 0.61 per cent to USD 36.56 billion in January, Commerce Secretary Rajesh Agrawal said on Monday.Imports increased by 19.2 per cent to USD 71.24 billion in January this year, compared to USD 59.77 billion recorded...
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    Modi Accuses UPA of Poor Trade Negotiations, Congress Rebuts

    New Delhi, February 15 In response to Prime Minister Narendra Modi's criticism of trade negotiations under his predecessor, Manmohan Singh, the Congress said on Sunday that his accusations were "incorrect," as India negotiated and signed several important trade agreements during the UPA rule as...
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