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EXPORTS DIGEST 2020
Sberbank publishes guide for Indian entrepreneurs planning to localise biz in RussiaSberbank aims to facilitate the India-Russia trade relationship, targeting USD 100 billion in bilateral trade by 2030. To achieve this, Sbe...- India may benefit as oil faces fresh downside on weak global cues: Jonathan BarrattI get a sense that prices are under pressure. OPEC in themselves have made a decision because they actually sort of need US dollars and as ...
- Apple leads India's smartphone exports; After Sequoia, GGV Capital to split US-China bizApple has emerged as the largest exporter of smartphone shipments from India, after overtaking its closest rival Samsung. In just a year, i...
- Commodity Watch: Decoding the declining Indian soybean meal exports growthThe domestic consumption growth for soybean meal is attributed to the increasing appetite for eggs, poultry meat, and fish which has result...
- ‘Foreign-return’ startups on the rise; India's monthly mobile exports hit record $1BDuring the bull run of 2021, a host of Indian startups made plans to list abroad as tech stocks surged to unprecedented highs in countries ...
- Indian exporters on Amazon Global Selling to surpass $5 billion in cumulative exportsThe program took about three years to enable the first billion dollars, and the last two billion dollars have come in 17 months
- Amazon doubles cumulative export target from India to $20 billion by 2025"Excited by the momentum in businesses joining the global selling program and by the growing demand for Made in India products across the w...
- Oil falls 8% on Russia-Ukraine talk hopes, China lockdownsBrent futures fell $8.64, or 7.7%, to $104.03 a barrel by 10:59 a.m. EDT (1459 GMT). U.S. West Texas Intermediate (WTI) crude fell $8.74, o...
- Gold prices drop 1% as yields, risk appetite reboundGold prices fell on Thursday, as U.S. Treasury yields rose while investors opted for riskier assets amid a retreat in oil prices after the ...
- The great Indian cucumber: A snack for Americans, yet to find stronghold in domestic marketIndia earned $223 million in 2020-21 from exports of 223,000 tonnes of cucumbers.
- Gold flat; set for biggest weekly dip in 10 after hawkish FedGold was flat on Friday and set for its sharpest weekly decline since November, as markets digested the U.S. Federal Reserve's policy tight...
- How retail industry is adopting soy as a protein-rich feed for livestock; experts discussIndustry expert Jaison John, Team Lead – India, U.S. Soybean Export Council (USSEC), Dr Suresh Itapu, Nutraceutical Expert, Director, Nutri...
- Food products with health additives see uptick in demand as second COVID-19 wave surgesSince April 2020, the sector has seen a surge in demand for products including those related to digestive health, sleep and stress, said in...
- Palm oil climbs to near one-month high on stronger soyoil, crudeThe benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange rose 58 ringgit, or 2.12%, to 2,796 ringgi...
- MSME Minister Nitin Gadkari urges Amazon to give micro segment of Indian MSMEs a pushIndian MSMEs are increasingly seeing e-commerce exports as an opportunity to grow their business. The number of exporters on Amazon has gro...
- Gadkari asks Amazon to handhold Indian MSMEs on its platformSpeaking of access to finance for micro units, Gadkari said that the government will look at formulating a policy to enable microfinance or...
- IG International all set to import fresh lemons from ArgentinaIG International will be currently importing around 500 MT (2020) for consumption majorly in Delhi, Mumbai and Bangalore among other cities.
- Sensex cools down after 2-day euphoric rally; Nifty gives up 11,600All eyes are now on the Reserve Bank of India’s rate-setting monetary policy next week.
- Sugar firms' margins to benefit from higher realisations: Ind-RaMedian interest coverage of major sector remained comfortable at 2.6x, although it fell YoY from 3.2x in 1QFY19.
- Experts' take On money trends for the weekExperts' take on money trends for the week.
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