India Export Growth
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"India Is Very, Very Dear To World's Computer Industry": Nvidia CEO
India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.
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India's Export Grew By 5.8 % In 1st Quarter Amid Global Challenges: Report
Despite geopolitical tensions in Europe and the Middle East, India's merchandise exports grew by 5.8 percent to USD 109.96 billion compared to USD 103.9 billion in the same period last year, according to a CRISIL report.
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India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
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"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
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Indian Exporters Monitoring Respiratory Illness In China, Could Impact Trade
They said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufacturing and exports.
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India Launches National Turmeric Board To Boost Growth and Exports by 2030
The government has officially formed the National Turmeric Board to promote the growth and development of turmeric and its products within the country.
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Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
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Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
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Services Exports Could Reach $400 Billion During 2023-24: Exports Body
Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) today said the healthy growth trend will continue and shipments are expected to reach up to $400 billion this fiscal.
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Exports May See Tepid Growth In 2023: Ministry Of Finance
India's exports may see tepid growth this year as the country's major export markets are forecast to decline sharply in 2023, the government said.
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Services Exports To Cross $300 Billion Target For This Fiscal: Piyush Goyal
"On services though, we have done extremely well. On services we are probably going to do at least a 20 per cent growth and by the current trends, we will exceed the target of $300 billion this year," Commerce and Industry Minister Piyush Goyal said.
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India's Economic Growth 'Extremely Fragile', Needs All Support: RBI Policy Committee Member
RBI Monetary Policy Committee member Jayanth R Varma said out of the four engines of growth for the economy, exports and government spending supported the Indian economy through the pandemic, but other engines need to pick up the baton now.
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Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
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Cough Syrup Deaths In Gambia Hits A Key Growth Area For India
Indian health authorities said on Wednesday they had halted all production of New Delhi-based Maiden Pharmaceuticals after a WHO report that its cough and cold syrups exported to Gambia may be linked to the deaths of dozens of children there.
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Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
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"India Is Very, Very Dear To World's Computer Industry": Nvidia CEO
India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.
-
India's Export Grew By 5.8 % In 1st Quarter Amid Global Challenges: Report
Despite geopolitical tensions in Europe and the Middle East, India's merchandise exports grew by 5.8 percent to USD 109.96 billion compared to USD 103.9 billion in the same period last year, according to a CRISIL report.
-
India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
-
"Want An India That...": US Envoy Wants Reforms In Tax, Export Policies
US Ambassador Eric Garcetti on Tuesday pitched for reform in India's taxation and export control for deeper bilateral economic engagement and said the "rhetoric" that everything has to be made in India could slow down the pace of the country's growth
-
Indian Exporters Monitoring Respiratory Illness In China, Could Impact Trade
They said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufacturing and exports.
-
India Launches National Turmeric Board To Boost Growth and Exports by 2030
The government has officially formed the National Turmeric Board to promote the growth and development of turmeric and its products within the country.
-
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
-
Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
-
Services Exports Could Reach $400 Billion During 2023-24: Exports Body
Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) today said the healthy growth trend will continue and shipments are expected to reach up to $400 billion this fiscal.
-
Exports May See Tepid Growth In 2023: Ministry Of Finance
India's exports may see tepid growth this year as the country's major export markets are forecast to decline sharply in 2023, the government said.
-
Services Exports To Cross $300 Billion Target For This Fiscal: Piyush Goyal
"On services though, we have done extremely well. On services we are probably going to do at least a 20 per cent growth and by the current trends, we will exceed the target of $300 billion this year," Commerce and Industry Minister Piyush Goyal said.
-
India's Economic Growth 'Extremely Fragile', Needs All Support: RBI Policy Committee Member
RBI Monetary Policy Committee member Jayanth R Varma said out of the four engines of growth for the economy, exports and government spending supported the Indian economy through the pandemic, but other engines need to pick up the baton now.
-
Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
-
Cough Syrup Deaths In Gambia Hits A Key Growth Area For India
Indian health authorities said on Wednesday they had halted all production of New Delhi-based Maiden Pharmaceuticals after a WHO report that its cough and cold syrups exported to Gambia may be linked to the deaths of dozens of children there.
-
Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
