With $95 billion, India records highest ever merchandise exports in a quarter

July 3, 2021

The Minister of Commerce & Industry, Railways and Consumer Affairs, Food & Public Distribution, Piyush Goyal held a press conference today to showcase the achievements of the Ministry of Commerce and Industry in Q1 (April - June) of 2021-22. He mentioned how an ambitious target of USD 400 billion exports...

PIYUSH GOYAL CALLS UPON THE CHARTERED ACCOUNTANTS OF THE COUNTRY TO THINK BIG AND SCALE UP

July 2, 2021

Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Piyush Goyal today called upon the Chartered accountants of the country to think big and scale up to the global levels. Speaking at 73rd Chartered Accountants’ Day Programme organised by the Institute of Chartered Accountants of India,...

Big potential for India-made clothes in Polish markets

June 30, 2021

There is a massive potential for Indian apparel exporters to increase their presence in the Polish supermarkets and hypermarkets, said Mr SK Ray, Chargé d’Affaires, Embassy of India to Poland (Warsaw). Addressing a large gathering of Polish buyers and Indian apparel exporters at a virtual B2B meeting on ‘India-Poland Synergies...

Banks may lose thousands of crores if Jalan’s bid for Jet Airways fructifies

June 25, 2021

Banks will lose thousands of crores of rupees if Murari Lal Jalan-Kalrock consortium bid for Jet Airways turns into reality. It seems Jalan-Kalrock may win Jet airways at the cost of the banks. Considering these facts, the Jalan-Kalrock consortium has offered Rs 1,183 crore to lenders for total admitted claims...

NCRTC SIGNS MOU WITH SECL FOR USING BLENDED RENEWABLE ENERGY FOR ITS DELHI-GHAZIABAD-MEERUT RRTS CORRIDOR

June 16, 2021

In line with its vision to improve the quality of life of people, National Capital Regional Transport Corporation (NCRTC) has signed MoU with SECI (Solar Energy Corporation of India) today to harness blended renewable energy for RRTS. MOU has provisions to explore possible opportunities in electric/ transformative mobility, Hydrogen based...

TARGETED POLICY SUPPORT TO ENGINEERING EXPORT SECTOR NEEDED, SAYS EEPC INDIA

June 16, 2021

The growth in outbound shipments has been robust in the last few months and the outlook remains positive for the current year but rising cost of key raw materials especially steel is an area of concern, said EEPC India Chairman Mr Mahesh Desai. As expected, the value of engineering goods...

India’s exports continue to perform impressively for third month in a row

June 16, 2021

Responding to the trade data for May, 2021, Sharad Kumar Saraf, President, FIEO said that the continuing impressive growth in exports by about 70% to USD 32.27 billion compared to a low base of USD 19.05 billion during May 2020, reiterate our assessment that order booking position of our exporters...

ADEQUATE AMOUNT OF VACCINE WILL BE AVAILABLE FROM AUGUST ONWARDS, SAYS AMITABH KANT

June 3, 2021

Amitabh Kant, CEO, NITI Aayog today said that the second wave has been more catastrophic than the first one and it overwhelmed the health system for a while. The government has taken a series of measures since then and there has been a steady decline in the number of active...

HIT BY LOCKDOWN, DELHI TRADERS DEMAND LG AND CM TO OPEN MARKETS FROM 1 JUNE

May 28, 2021

Apparel Export Promotion Council (AEPC) has made a fervent plea to Prime Minister Narendra Modi to declare apparel exports as essential services and exempt these exporting units from lockdowns across India. “We request that the Central government should issue necessary instructions to all the state governments to declare apparel exports...

CONSIDER PERISHABLE APPAREL EXPORTS AS ESSENTIAL SERVICES: AEPC

May 27, 2021

Apparel Export Promotion Council (AEPC) has made a fervent plea to Prime Minister Narendra Modi to declare apparel exports as essential services and exempt these exporting units from lockdowns across India. “We request that the Central government should issue necessary instructions to all the state governments to declare apparel exports...