Share List TLI Staff New Delhi: Engineering goods exports to 23 countries out of 25 key markets including US, China, Germany and Italy recorded positive year-on-year growth in April, 2021 as overall merchandise trade from the country surged primarily on account of base effect. Among the top 25 export destinations forContinue Reading
Share List TLI Staff New Delhi: Indian companies could look to tap Vietnam’s burgeoning medical devices market which meets nearly 90% of the demand through imports, said EEPC India Chairman Mr Mahesh Desai. Japan, Germany, the US, China, and Singapore account for nearly 55% of the total medical devices imported byContinue Reading
Share List TLI Staff New Delhi: The value of engineering goods shipments registered a year-on-year growth of 238.27% during April, 2021 owing primarily to lower base effect and strong demand from traditional markets. This shows recovery in external trade is very much on track and improved trade outlook, said EEPC IndiaContinue Reading
Share List TLI Staff New Delhi: India Inc has hailed RBI measures to ease liquidity for small borrowers, on-tap liquidity window for bossing Covid related health infrastructure and restructuring of business loans. Industry body Assocham said that the central bank’s targeted policy response and easy credit promised to the entireContinue Reading
Share List TLI Staff New Delhi: Engineering goods exports zoomed 234.63% in April 2021 indicating that recovery in outbound trade is well on track and outlook remains positive. While sharp jump in shipments is primarily on account of low-base effect, it has also been supported by robust demand, said EEPC IndiaContinue Reading
Share List TLI Staff New Delhi: Driven primarily by base effect, the combined output of eight core industries grew 6.8% in March, 2021 compared to the same month a year ago. As per data released by the government on Friday, four sectors — cement, steel, electricity and natural gas recordedContinue Reading
Share List TLI Staff New Delhi: Buoyed by rising global demand and increased economic activities, exports of 32 out of 33 engineering goods categories such as iron and steel, non-ferrous metal products, industrial machinery and office equipment recorded positive growth in March, 2021 signalling good times for exporters reeling under lossContinue Reading
Share List TLI Staff New Delhi: Debt-ridden companies should not be taken to bankruptcy court till December in view of the possible negative impact of second wave of pandemic on trade and businesses, industry body Assocham has said. The industry lobby group has approached Finance Ministry with a plea toContinue Reading
Share List TLI Staff New Delhi: India’s merchandise exports touched record high in March 2021 and reached US$34.45 billion, up 60.29% over the same month a year ago. Engineering goods exports recorded 71.3% jump during this period. While the high percentage growth is largely on account of low base effect, theContinue Reading
Share List TLI Staff New Delhi: Even as pandemic hit the economy hard and caused uncertainty in the market, fund mop-up funds through both public issues and rights issues posted record growth. As per official data, a total of Rs 46,029.71 crore and Rs 64,058.61 crore were raised during FY21Continue Reading