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 ..
Category: Economy & Banking Current Affairs - 2023
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 ..
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 ..
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
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. ..
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 ..