India exports
India’s Monthly Goods Exports – Current Trend
The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD of goods. Key Findings of the report The export demand for goods ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2023
New Foreign Trade Policy
The Union Ministry of Commerce and Industry recently announced that the new Foreign Trade Policy. 2021-26 is to come into effect from April 1, 2021. What is the goal of New Foreign Trade Policy? To make India a 5 trillion ..
Month: Current Affairs - January, 2021
India’s Rice Exports to Vietnam
Vietnam recently started to buy food grains, especially rice, from India due to its attractive prices. Vietnam has started to import rice from India in spite of the fact that the country (Vietnam) is the third biggest exporter of rice ..
Month: Current Affairs - January, 2021
Khadi Masks gain Global recognition and demand
The Khadi and Village Industries Commission (KVIC) explore the possible option of exporting silk and cotton face masks to foreign countries. This is being done to promote “Vocal for Local”, that was initiated under Atma Nirbhar Bharat Abhiyan. Highlights So ..
Month: Current Affairs - May, 2020
Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD
On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous year. Highlights India is the largest importer of gold in the world. ..
Month: Current Affairs - March, 2020
Indian Railways: First Banana Container Train to boost exports; First High Capacity Parcel Van
With its firsts increasing, Indian Railways has recently launched a high capacity parcel van at Delhi Safdarjung Railway Station. Also, the Indian Railways has launched an exclusive Banana Container train to boost the exports of the fruit. Highlights: Parcel Van ..