by DIGITAL MEDIA EXECUTIVE | Mar 15, 2023 | Country Report
Although the gross domestic product (GDP) growth rate for fiscal 2022–2023 (FY23) was maintained by India’s National Statistical Office (NSO) in its second advanced estimates (SAE), India Ratings and Research (Ind-Ra) believes there are downside risks to this...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Import/Export
Despite the uncertainty surrounding the global economy, India’s exports of products and services are anticipated to surpass $750 billion this fiscal year, according to Commerce and Industry Minister Piyush Goyal. The nation’s exports of products and...
by DIGITAL MEDIA EXECUTIVE | Mar 3, 2023 | Finance & Economy
The Engineering Export Promotion Council (EEPC) is in talks with two Russian banks that have operations in India to ease rupee trade because Indian banks are hesitant to issue electronic bank realisation certificates (eBRC) for exports to Russia out of fear of...
by DIGITAL MEDIA EXECUTIVE | Feb 16, 2023 | Corporate / SME, Country Report, Industry View
Exports decreased by 7.5% to $25.35 billion, and non-petroleum and non-jewellery imports fell by 3.8% to $33.56 billion in January, both of which were affected by a slowdown in industrial activity. The government announced corrected inverted duty for a number of...