July Export Growth
India's exports may reach $450 bn this fiscal: FIEO Prez Ashwani Kumar
The country's merchandise exports are expected to reach USD 450 billion by the end of this fiscal despite geo-political challenges like the Red Sea crisis, newly elected president of apex exporters body FIEO Ashwani Kumar said on Tuesday. He said that the need of the hour is to address the Red Sea crisis challenges by ensuring the availability of marine insurance and rational increase in freight charges. The exporting sector, particularly, MSMEs, needs easy and low-cost credit, and marketing support to further boost the country's exports, Kumar said, adding early conclusion of free trade agreements such as with the UK and Oman will also help push the outbound shipments. "I will focus on addressing issues of MSMEs as they are going to play. They will play a key role in achieving the USD 1 trillion goods export target by 2030. They are the backbone of the economy and they are facing certain issues pertaining to credit. I would urge banks to come forward in extending support to these
 "India's exports may reach $450 bn this fiscal: FIEO Prez Ashwani Kumar")
China's July exports rise 18% to $333 bn, with trade surplus at record high
China's export growth continued to rise in July, sending trade surplus to a record high, according to government data
 "China's July exports rise 18% to $333 bn, with trade surplus at record high")
July exports shrink 10.2%, trade deficit hits three-month high of $4.83 bn
Imports contraction falls steeply to 28% as trade deficit rises to three-month high of $ 4.83 billion
 "July exports shrink 10.2%, trade deficit hits three-month high of $4.83 bn")
Exports rise 3.94% to $22.54 bn in July; trade deficit widens to $11.45 bn
The exports rose for 11th straight month
 "Exports rise 3.94% to $22.54 bn in July; trade deficit widens to $11.45 bn")
