Export News
Why Hilsa is costlier this year (and why it may get worse soon)
Hilsa production has fallen in India, while Bangladesh has reduced the quantity available for exports, and shrunken the window for shipments. Result: Higher prices in India at a time of high demand during Durga Puja.
3 min read8 Oct 2024India’s services exports may soon exceed goods exports. What does it mean for the economy and jobs?
Since 1993, India’s services exports have grown at an annual average rate of 14%, and it is possible that monthly services exports will soon exceed goods exports, at least temporarily. Why does this matter? Read on.
9 min read3 Oct 2024Sugar stocks Triveni Engineering, Praj Industries and others surge up to 8.7%. What’s behind the rally?
Sugar stocks surged on September 16 after the Department of Food and Public Distribution allowed sugar mills to produce Rectified Spirit and Extra Neutral Alcohol using sugarcane juice and B-heavy molasses. Triveni Engineering led the gains, followed by other key sugar stocks.
2 min read16 Sep 2024Finnish Economy Keeps Quarterly Pace in Export-led Rebound
Finland’s economy grew largely in line with earlier projections in the second quarter, cementing the hopes that the northernmost euro area member is on track to more sustained recovery.
2 min read30 Aug 2024Govt may relax export ban on non-basmati white rice amid surplus, says Pralhad Joshi
The ban, which took effect on 20 July 2023, was brought in to ensure the country had sufficient stock for domestic consumption and to cool prices.
3 min read28 Aug 2024Stock to buy: Gujarat Ambuja Exports shares see technical breakout, poised for up to 25% upside, says Anand Rathi
Stock to buy: Gujarat Ambuja Exports stock broke above a bearish trendline that had constrained its movement for the past 4-5 months, and notably, it has sustained this breakout. This suggests a fundamental shift in market sentiment towards the stock, Anand Rathi said.
1 min read27 Aug 2024Australian Sugar Crush Hit by Delays From Strikes, Heavy Rain
Strikes and heavy rainfall across key growing areas are delaying Australia’s sugar crush, threatening exports and farmers’ ability to plant next year’s crops.
1 min read23 Aug 2024India preparing strategic plan to set up over 50 e-commerce export hubs, target $100 billion in exports
The hubs will be set up over the next five years as public-private partnerships, including 10 in the current financial year, to speed up exports through online platforms.
3 min read21 Aug 2024Exports of key commodities fall in April-July amid rising trade deficit
Exports of the top 30 commodities stood at $31.83 billion in July, down from $32.63 billion in the same month last year, commerce ministry data showed.
2 min read19 Aug 2024Of daal and strained relations: Australia widens its lead over Canada as India’s top lentil import source
India’s consumption of lentils ranges between 2.6 and 2.8 million metric tonnes annually, of which 1.5 million tonnes are imported—mainly from Australia, Canada, Russia, Turkey and the US.
3 min read18 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared