All about exports updates
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India’s exports grew after a gap of six months in September driven by growth in outbound shipment of cereals, carpets, rice, oil meals, and iron ore. Exports rose 5.27% on year to $27.4 billion in September while imports declined 19.6%, leaving a trade deficit of $2.91 billion, preliminary data released by the commerce and industry […]
Uncertainty looms over the export of basmati rice and tea to Iran as the Central Bank of Iran has slowed down the allocation of a currency against which Iranian traders were buying these commodities from India. Indian basmati rice exporters said they are not entering into a new contract with Iranian importers so as to […]
