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Hong Kong stocks set to snap winning streak amid US-China trade tensions

The Hang Seng China Enterprises Index dropped 3.2%, led by tech firms, following new US restrictions on chip exports to China.

Technology companies like Meituan, Kuaishou Technology, and JD.com Inc. led the declines in the Hang Seng China Enterprises Index, which fell as much as 3.2%.(AFP/representative )
Published on Apr 16, 2025 12:45 PM IST
Bloomberg |

Piyush Goyal asks exporters to come out of their protectionist mindset

Reflecting on reciprocal tariffs, Piyush Goyal encouraged EPCs to be bold and ready to deal with the world from a position of strength and self-confidence

Union minister Piyush Goyal's remarks came at a time when several global economies are facing tariff war triggered by the US (@PiyushGoyal)
Updated on Mar 14, 2025 04:07 AM IST
ByRajeev Jayaswal, New Delhi

US tariffs likely to have minimal impact on Indian exports, says SBI report

The SBI report estimates India's exports to decline only by around 3-3.5% even if the US imposes higher tariffs in the range of 15-20%.

US President Donald Trump speaks in the Oval Office of the White House in Washington, DC (Reuters)
Updated on Feb 17, 2025 12:54 PM IST

PM Modi sets 9L Cr textile exports goal by 2030

PM said that the India’s textile sector grew by 7% last year, earning the world’s sixth largest textile exporter’s tag

Prime Minister Narendra Modi at ‘Bharat Tex 2025’ in the Bharat Mandapam on Sunday. (PTI)
Updated on Feb 17, 2025 03:57 AM IST
ByRajeev Jayaswal

Challenges in India's export in high-growth markets

This article is authored by Dulles Krishnan, VP, Go to Market, Avalara.

Despite global headwinds India’s merchandise exports managed a positive growth of 2% in the April-November period (AP)
Published on Feb 08, 2025 12:47 PM IST

Why Donald Trump's trade policies may hit Indian exporters

Trade restrictions by incoming US President Trump may lead to increased Chinese exports to Asian markets, challenging Indian exporters

China's aggressive exports to other Asian markets, notably India, might result from trade restrictions outlined by incoming US President Donald Trump.(REUTERS/Jorge Silva)
Published on Jan 17, 2025 09:57 AM IST
ANI |

Japan approves additional sanctions against Russia amid ongoing Ukraine conflict

Japan has approved new sanctions against Russia, including asset freezes for individuals and organizations and export bans on military-related goods.

Japan adopted further penalties on Russia on Friday for its war on Ukraine, including a ban on exports to dozens of Russian organisations and several other nations that have allegedly assisted Russia in evading sanctions and the freezing of the assets of dozens of people and organisations.(AFP/representative)
Published on Jan 10, 2025 01:31 PM IST
AP |

Customs duty cut on gold set to be reviewed

The government is reviewing customs duties on gold, considering a hike due to increased imports and declining gem exports after last year's duty cut.

In the case of gold, imports of the precious metal surged after a sharp duty reduction in July last year, but exports of finished goods such as gem and jewellery contracted, the people said, requesting anonymity. (REUTERS)
Updated on Jan 06, 2025 04:00 AM IST
ByRajeev Jayaswal, New Delhi

India to export 1 million tonne of white rice to Indonesia

National Cooperative Exports Limited will source white rice from the open market through open bids from co-operative societies

Labourers weigh rice crops in a grain market in Karnal in the northern state of Haryana on October 15 (REUTERS)
Published on Jan 02, 2025 09:04 PM IST

India's tobacco exports to cross 13,000 crore this year: Report

India is the second largest producer of tobacco in the world after China and the fourth largest producer of Flue-Cured Virginia (FCV) tobacco in the world

A farmer dries tobacco leaves at a farm on the outskirts of Sanand, near Ahmedabad(AFP)
Published on Jan 01, 2025 04:26 PM IST
PTI |

Fish Importers' Assn welcomes Bangla decision to export Hilsa to India during festive season

Fish Importers' Assn welcomes Bangla decision to export Hilsa to India during festive season

Fish Importers' Assn welcomes Bangla decision to export Hilsa to India during festive season
Published on Sep 22, 2024 04:15 PM IST
PTI |

Centre scraps export curbs on basmati, onion

Earnings from export of basmati had fallen sharply due to trade restrictions, while onion growers and traders had demanded removal of export barriers.

The world’s largest onion exporter had banned overseas sales in December last year to boost domestic supplies. (HT Photo)
Updated on Sep 14, 2024 04:45 AM IST

After US, UP mangoes to go Far East; CM flags off containers for Japan

Uttar Pradesh to export 40 tonnes of mangoes to Japan & Malaysia, first time Dussehri to America. CM Yogi inaugurates Mango Festival-2024, emphasizes on quality & quantity.

UP chief minister Yogi Adityanath at the Uttar Pradesh Mango Festival-2024 (HT Photo)
Updated on Jul 12, 2024 06:44 PM IST
By, Lucknow

Punjab exports first shipment of Pathankot’s litchi to England

According to horticulture minister Chetan Singh Jouramajra, efforts will be made to export other horticultural crops as well in collaboration with the horticulture department and the Agricultural and Processed Food Products Export Development Authority.

The litchi cultivation in Punjab covers 3,250 hectares with production of approximately 13,000 metric tonnes, says horticulture minister Chetan Singh Jouramajra. (Picture for representational purpose only)
Published on Jun 30, 2024 10:05 PM IST
By, Chandigarh

Confident of over $800 billion exports in goods and services this year: Goyal

With India's exports growing at 9% in May, commerce minister Piyush Goyal is confident that India will export a record $800 billion of goods and services.

Commerce and Industry Minister Piyush Goyal (x/PiyushGoyal)
Published on Jun 29, 2024 07:55 PM IST
PTI |

Indian textile exports surge by 9.59% in May despite global economic challenges

Indian textile exports grew despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations.

Textiles (Representational)(AFP)
Published on Jun 15, 2024 06:52 PM IST
ANI |

In a first, U.P. mangoes set to tickle taste buds in US

First consignment of UP mangoes, including Dussehri and Chausa, to be exported to the USA with improved shelf life and quality, thanks to joint efforts.

Fasal Prabhat technology developed by ICAR-CISH was used to improve the quality of fruits. (For Representation)
Updated on Jun 14, 2024 09:27 PM IST
By, Lucknow

Passenger vehicle exports rise by 2.68 lakh units in 4 yrs; 70 percent is Maruti

Addition of more models, adherence to global production standards and tie-up with Toyota helped Maruti Suzuki to export more cars

Maruti Suzuki contributed nearly half of overall car sales in India in 2023(Reuters)
Published on Jun 09, 2024 03:21 PM IST

Agri-product exports from Varanasi grew by 728 MT in 3 years: APEDA

Varanasi's agricultural exports surge to 732 MT in 2023-24 from 4 MT in 2020-21, making UP the 3rd largest exporter after Gujarat and Maharashtra.

Vegetables being readied by a FPO for their export from the Varanasi airport. (Sourced)
Updated on Jun 03, 2024 05:58 AM IST
By, Varanasi

India lifts export ban on onion, imposes MEP

The country’s ban had driven up prices of the vegetable for global buyers, from the Middle East to Bangladesh.

India imposed a minimum export price (MEP) of $550 per tonne plus 40% tariff on outbound onion shipments. (AFP)
Updated on May 05, 2024 03:08 AM IST
By, New Delhi

Sharad Pawar criticizes govt’s decision on onion export ban

NCP's Sharad Pawar criticizes PM Modi govt for allowing white onion export from Gujarat. BJP's Fadnavis welcomes decision, says it will help Maharashtra farmers.

Now, only white onion can be exported. The ratio of white onion in overall production is only 20 per cent, he said. (HT FILE)
Updated on Apr 28, 2024 05:22 AM IST

Maldives thanks India for allowing export of essential commodities amid row

In the backdrop of the diplomatic row, India allowed the export of certain quantities of essential commodities for the Maldives.

Prime Minister Narendra Modi with President of Maldives Mohamed Muizzu during the COP28 in UAE in December 2023. (PTI file photo)
Published on Apr 06, 2024 10:47 AM IST
PTI |

China's factory activity expands at fastest clip in 13 months

Caixin/S&P Global manufacturing PMI rose to 51.1 in March from 50.9 the previous month, above analysts' forecasts of 51.0 and marking an expansion.

A worker unloads bicycles for a bike-share service in Beijing, China.(AP)
Published on Apr 01, 2024 07:23 AM IST
Reuters |

Sell your produce even in int’l markets soon, ministers assure farmers

Ministers Dinesh Pratap Singh (Horticulture) and Surya Pratap Shahi (Agriculture) were attending a programme, which was organised in collaboration with the World Economic Forum in Agra, on its second and final day.

 (For representation)
Updated on Feb 05, 2024 08:26 AM IST

Aatmanirbhar Bharat pitch could slow down pace of India-US trade: Eric Garcetti

Eric Garcetti said the US wants an India that doesn’t look at self-reliance as a fortress. “This is not a paradigm of old, of invaders coming in to extract”.

US ambassador to India Eric Garcetti addresses the Indo-American Chamber of Commerce, North India Council, Conference on
Updated on Jan 30, 2024 06:41 PM IST

India to export record-low diesel to Europe in January as Red Sea risks weigh

India is currently on track to export record-low diesel to Europe in January as Red Sea export risks continue to run high.

Red Sea exports have been facing hijacking threats amid Israel-Hamas conflict(REUTERS)
Published on Jan 30, 2024 03:47 PM IST
Reuters |

Indian exports may drop by $30 billion amid Houthi threat on Red Sea

As the threat to cargo ships rises on the Red Sea, India can potentially take a major hit when it comes to exports.

Indian Navy rescued a hijacked cargo ship from the Houthis (PTI)(PTI)
Published on Jan 09, 2024 06:16 AM IST
ByVaishnawi Sinha

Centre plans to make north shrimp-output hub

The Union government is working on an aquaculture plan worth ₹576 crore in four northern states to create a hub of farming shrimp for export and domestic consumption by utilizing land unsuitable for crops/

India is currently the second-largest aquaculture shrimp producer at 900,000 tonne in 2022, after Ecuador. (Shutterstock)
Updated on Jan 08, 2024 07:22 AM IST
By, New Delhi

India, Russia aim to bolster ties in energy, military-tech

Jaishankar described Russian supplies of energy, coking coal and fertilisers as “very big components” of bilateral trade.

Russia's President Vladimir Putin and India's Foreign Minister Subrahmanyam Jaishankar attend a meeting with in Moscow(via REUTERS)
Updated on Dec 28, 2023 04:59 AM IST
By, New Delhi

At Jaishankar, Sergey Lavrov meeting, a push to expand export of Russian energy

India ramped up purchases of Russian energy and other commodities such as fertilisers despite pressure from the US and its European partners following invasion of Ukraine

Jaishankar said Russian supplies of energy, coking coal and fertilisers were “very big components” of bilateral trade
Updated on Dec 27, 2023 07:59 PM IST
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