Tag: merchandise exports
India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRI
New Delhi: India’s services exports are expected to reach $618.21 billion by FY30, edging past merchandise exports, which are projected at $613.04 billion, think tank…
Services tax surplus and robust remittances may help India in overcoming tariff hikes by US: CRISIL
The tariff hikes proposed by Donald Trump may pose threat to India’s exports but the country’s surplus in services trade and robust remittances flow may…
BRICS: India and China drive shift from G7 to BRICS in global trade dynamics: EY report
The growing influence of countries like India and China is reshaping the global economic landscape, shifting the focus from G7 nations to the BRICS alliance,…
BRICS+ group’s share in global goods exports can overtake G7 by 2026: EY India
The share of BRICS+ grouping in global merchandise exports can overtake the G7 bloc by 2026, EY India said on Wednesday. The October edition of…
september trade data: India’s trade deficit for September narrows to $20.78 bn
India’s merchandise exports grew in September after two months of contraction, on the back of a rise in the shipments of engineering, chemical, plastic, pharma…
Merchandise exports to hit $111.7 bn, non-oil exports at $89.8 bn in Q2 FY25: Exim Bank
NEW DELHI: The Export-Import Bank of India (India Exim Bank) has projected that the country’s total merchandise exports are expected to reach USD 111.7 billion,…
India flags trade gap with China at WTO
New Delhi: India has raised concern over its large trade deficit with China and the non-transparent subsidies and mechanisms followed by the latter, which it…
Goods exports contract 10.3% in May
India’s merchandise exports contracted 10.3% year-on-year in May to $34.98 billion from $39 billion a year ago, data released on Thursday showed. Imports also shrank…
GTRI: Introduce PLI for crucial components, reverse engg industrial labs, not small firm-dominated goods: GTRI
New Delhi: The government should not extend incentives under production linked incentive scheme (PLI) to small firm-dominated products like leather shoes and handicraft but to…
US emerges as India’s top destination for goods exports during April-Dec 2022
New Delhi: The US has emerged as India’s top destination for merchandise exports during April-December this fiscal at USD 59.7 billion, Parliament was informed on…