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Page 17 - தேசிய செய் இல்லை அழைப்பு பதிவு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Top stocks in focus: Wipro, Tata Power, Muthoot Finance, Panacea Biotec, Rossari Biotech

Cabinet approves MoU between India and Maldives on cooperation in the field of sustainable urban development

Revenue from shrimp exports to rebound 20%: Crisil report

Crisil reported that revenue from export of shrimps is expected to dart up 20% on-year to about $4.3 billion in calendar 2021, driven by a revival in demand and restoration of supply chains that were disrupted last year by the Covid-19 pandemic. That should help India wrest global leadership in shrimp exports after slipping to the second spot in calendar 2020, a study of 97 CRISIL-rated exporters, accounting for over two-thirds of the industry’s revenue, shows. In calendar 2020, lockdowns and supply-chain disruptions meant exports declined to $3.6 billion from $4.7 billion in 2019. Ecuador edged past India with $3.7 billion exports because it had fewer logistical snafus and focused on catering to the voracious appetite in China for raw shrimps.

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