India Export News

Videos

India's Mega Plan: Consideration Underway for the Establishment of 8 New Cities | Mint Explains

In an effort to alleviate the strain on existing urban centers, an ambitious proposal is being considered to establish not just one or two, but a remarkable eight brand-new cities. This exciting revelation was disclosed by a high-ranking official during a recent interview, shedding light on the government's forward-thinking approach.

10 Jul 2023
Videos

India’s Exports Fall By 13%; Tough Days Ahead?

In April, India's goods exports saw the biggest fall in three years due to weaker global demand and falling commodity prices. According to trade ministry figures, exports fell nearly 13% in April to $34.66 billion from $39.70 billion the previous year. The most recent severe drop was in May 2020, when goods exports fell 35.52%. Imports of goods declined 14% to $49.90 billion for the month, from $58.06 billion the previous year. As a result, the trade imbalance shrank to $15.24 billion from $18.36 billion in April of the previous year.

16 May 2023
Videos

‘Indian Growth Can’t Be Built On Chinese Efficiency…’; EAM Urges Industry To Build Supply Chains

India’s External Affairs Minister Dr S Jaishankar urged Indian industries to start behaving like a strong manufacturing economy. The FM said that Indian businesses should “stop looking for a China fix”. India's economy can grow and become stronger only if the focus is shifted to building deep manufacturing capabilities and businesses.

11 May 2023
Videos

India's Resilience in the Face of Global Economic Challenges | Mint Explains | Mint

Hi there, today we're going to talk about India's economic performance in the midst of the global downturn. The International Monetary Fund has projected that India will remain the fastest-growing major economy in 2022 and 2023. This is a great accomplishment for India, as it means that it has the potential to avoid the global economic downturn. Let's take a closer look at why India is succeeding in this challenging economic environment.

10 May 2023
Videos

Key Budget Facts You Should Know | Union Budget 2023 | Mint Primer | Mint

The Government presents its Budget on the first day of February so that it could be materialized before the beginning of the new financial year in April. This year, the Budget 2023 is too significant having been the last full union budget being presented by the Modi government before 2024 parliamentary polls and here are key facts that you must know before you get to watch the Budget session on February 1.

22 Jan 2023
Videos

Why Have Indian iPhone Exports Doubled? | Mint Primer | Mint

Apple Inc. exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the US tech giant is accelerating a shift from China with geopolitical tensions on the rise. Foxconn Technology Group and Wistron Corp. have each shipped more than $1 billion of Apple’s marquee devices abroad in the first nine months of the fiscal year ending March 2023, people familiar with the matter said. Pegatron Corp., another major contract manufacturer for Apple, is on track to move about $500 million of the gadgets overseas by the end of January. In this video, we will look at the causes for the increase in exports. #iphone #indianexporters #tech #china #iphoneexports #apple #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

17 Jan 2023
News

Mobility restrictions hurt India’s trade basket in May

Trade deficit of $3.2 bn after merchandise exports plunged 36.5%, imports fall 51.1%Decline in exports is high but there’s an arrest in fall of exports compared to April, say experts

2 min read16 Jun 2020
News

Merchandise exports contract by 60%, imports plunge 58% in April amid shutdown

Out of 30 major exporting items, only iron ore (17.5%) and pharmaceuticals (0.25%) recorded growth, while among top import items, all posted declinesThe sharp 59.3% decline in non-oil exports was driven by engineering goods, gems and jewellery, and textiles

2 min read15 May 2020
News

US China trade war impact: India gained $755 million additional exports to US

India gained about $755 million additional exports, mainly of chemicals, metals and ore, to the US in the first half of 2019The study found that tariffs imposed by the US on China are economically hurting both countries and that consumers in the US are bearing the heaviest brunt

4 min read6 Nov 2019
News

WTO panel rules India export subsidies illegal, upholds US case

The WTO panel agreed with US claims challenging export subsidies granted in the form of exemptions from customs duties and a national tax, while rejecting some US argumentsThe panel called on India to withdraw the export-contingent subsidies within periods varying from 90 to 180 days

1 min read31 Oct 2019
Load More

Popular 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

25 Articles

Plain Facts

Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

11 Articles