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EXPORT PERFORMANCE INDIA JULY 2023
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...- DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding yearsThe government has relaxed export house status eligibility criteria for exporters. Exporters now qualify with performance in any two of thr...
- Helios Flexi Cap Fund hikes exposure in Swiggy, Paytm and 12 others; adds SBI Funds Management, 4 moreSamir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management...
- Oman-India ties to move from buyer-seller model to strategic partnerships; opportunities across sectors: EnvoyOman and India are strengthening economic ties, moving towards strategic business partnerships. A new Comprehensive Economic Partnership Ag...
- Rules eased to help exporters receive payments in rupeesIndia has eased rules for rupee-based export payments, allowing exporters to invoice and receive payments in Indian currency or foreign cur...
- India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
- India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
- India’s infrastructure output grows 5.4% in July, down from revised 6% in JuneIndia's infrastructure output grew 5.4% year-on-year in July 2026. This growth moderated from the revised 6% expansion recorded in June. Th...
- China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
- India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
- Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
- India’s exports to US hold firm after a year of Trump’s tariffsThe US continues to account for about 20% of India’s exports despite tariff tensions and New Delhi’s push to diversify trade. New agreement...
- Maruti Suzuki Fronx crosses 2 lakh exports in under 38 monthsMaruti Suzuki's Fronx has achieved 2 lakh exports in under 38 months. This Indian-made SUV is now the fastest to reach this significant exp...
- HDFC Defence Fund adds Cochin Shipyard & INDO-MIM, increases stake in HAL, Mazagon Dock, 5 othersIn July, the HDFC Defence Fund made significant moves by adding Cochin Shipyard and INDO-MIM to its portfolio. The fund also augmented its ...
- India's chemicals sector targets up to $81 billion exports by 2030: NITI Aayog reportIndia's chemicals sector aims for USD 81 billion in exports by 2030. This expansion will reduce import dependence and boost domestic produc...
- India’s July exports hit record $44.2 billion despite West Asia crisisIndia's goods exports grew significantly in July, driven by engineering and electronics sectors. Imports also increased, leading to a wider...
- PMS Tracker: Amaltas, Pluswealth Capital, Emkay, 7 others deliver up to 11% returns in JulyMulti-cap and flexi-cap PMS strategies dominated July’s top performers, with six of the 10 best portfolios gaining over 5%. Amaltas Strateg...
- India’s July trade deficit widens to $31.98 bn from $30.43 bn in JuneIndia’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 b...
- India’s gem and jewellery exports rise 0.38% to $2.35 billion in JulyIndia’s gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupe...
- India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
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