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Global economy is not slowing, it is cooling down
Inflation started with commodities like crude oil. This increased the prices of petrol and food items. Which in turn compelled workers to ask for high
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Fuelling India’s economy, 9 indicators that point towards recovery
The economy is expected to recover sharply from manufacturing, services, GST, card payments, CVs, jewellery, electronics and sales of retail products.
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Exports jump around 32% on year in June
Overall imports in April-June 2021 are estimated to be $156.58 billion, exhibiting a positive growth of 80.75% over the same period last year
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Government identifies items for customs exemptions review, seeks industry views
Giving a list of 97 notifications, the government said certain Customs exemptions have been identified for purpose of further review
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India starts probe into alleged dumping of electrogalvanized steel from Korea, Japan, Singapore
Countries carry out anti-dumping probes to determine if their domestic industries have been hurt because of a surge in below-cost imports.
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Exports jump 69.35% to $32.27 billion in May
Imports too grew in May 2021 by 73.64% to $38.55 billion, from $222 billion in the same month a year ago
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Exports reviving, may be in positive territory in FY22: Commerce Secretary
Exports recorded a significant contraction in April last year but gradually things started improving and the shipments have entered the positive terri
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India’s passenger vehicle exports fall 39% in FY21 due to Covid-19
The pandemic affected exports of passenger vehicles due to enforced lockdown and other logistics and supply chain issues
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Exports rise to $13.72 billion during Apr 1-14: Commerce Ministry data
Exports during April 1-14 last year were aggregated at $3.59 billion. In April 2020, the outbound shipments had contracted by a record 60% due to COVI
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Exports up 60.29% in March but decline by 7.26% in FY21
Imports too grew by 53.74% to $48.38 billion in March, but dipped by 18% to $389.18 billion during April-March 2020-21
