During the past five years, India's export has witnessed healthy gains in multiple sectors particularly petroleum, gemstones, agrochemicals and sugar, the Commerce ministry data said.
A total quantity of 90.69 LMT of paddy has arrived in the mandis of Punjab as on November 2, 2024, said the Ministry of Consumer Affairs on Sunday. Out of this, 85.41 LMT have been procured by the state agencies and the FCI.
Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.
The downward revision reflected delays in the recovery of automobile exports, impacted by certification-related issues with certain manufacturers.
India's petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy.
DGFT will also monitor the status of export and imports and difficulties being faced by trade stakeholders in view of the surge of COVID-19 cases.
According to a report by Invest India, India is the world's second-largest buyer and producer of footwear, with an 8-fold rise expected by 2030.
The Department of Food and Public Distribution issued the guidelines for restructuring SDF Loans under Rule 26 of the SDF Rules 1983 on January 3.
Taken together, those passages suggest the first rate increase could come as soon as March, the report said.
However, the coal-based power demand has increased by 12.7% up to November 2021 against the same time 2020.
