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The US remained the countrys top export partner, according to government data, but shipments declined 2.78% to $51.63 billion in a year when Indias merchandise trade — both exports and imports — fell amid global lockdowns and disruption to logistics due to the pandemic.
After Covid, countries are reluctant to import edible products from China and India can take its place. It is a good opportunity for India, but we still have a long way to go.
निर्यात मई में भारत का निर्यात 67.39 फीसदी बढ़कर 32.21 अरब अमेरिकी डॉलर हो गया। वहीं आयात 68.54 फीसदी बढ़कर 38.53 अरब डॉलर हो गया।
Possibility of sharp rise in wages threatens prospects of tea companies in Assam: ICRA SECTIONS Share Synopsis As per the notification issued by the Assam govt on Feb 23, it notified an interim enhancement of wages for tea plantation workers by Rs. 50 per day. However, the wage rate hike was stayed by the Gauhati High Court while hearing a petition filed by the Indian Tea Association and several other bulk tea companies. Agencies Domestic tea prices had witnessed a considerable uptick in FY2021 due to a significant supply-demand mismatch. The possibility of a sharp increase in wages threatens...
India’s merchandise exports witnessed a huge jump of 58 per cent year-on-year (YoY) and touched a record $34 billion in March, indicating a recovery in demand, preliminary data released by the government showed. Sequentially, the growth in merchandise exports was 21 per cent. However, for the whole of financial year 2020-21 (FY21) exports contracted 7.4 per cent YoY to $290.18 billion because of the disruption caused by the Covid-19 pandemic. “Make in India, Make for the World: Merchandise exports in March 2021 grew by 58 per cent YoY to $34 billion, the highest ever in Indian history. PM...