Business

Trade Agreements signed with Australia, UAE will open infinite opportunities for Indian Textiles: Piyush Goyal

Commerce and Industry Minister Piyush Goyal today said that new Economic Cooperation and Trade Agreements with Australia and UAE will open infinite opportunities for Textiles, Handloom and Footwear. Addressing a function in New Delhi, he said that Indian textile exports to Australia and UAE would now face zero duty and […]

Exports of agricultural products, including marine, for the year 2021-22 have crossed the 50 billion dollar mark, which is the highest level ever achieved in it. The Commerce and Industry Ministry in a statement on Wednesday said, as per the provisional figures released by Directorate General of Commercial Intelligence and Statistics, DGCIS, the agricultural exports have grown by 19.92 percent during 2021-22. This achievement over the past two years will go a long way in realising the Prime Minister’s vision of improving farmers’ income. The Ministry said, the highest ever exports have been achieved for staples like rice, wheat, sugar, other cereals and meat which resulted in benefiting farmers in many states. This achievement is the result of sustained efforts on the part of the Department of Commerce and its various export promotion agencies. It said, even in the Russia-Ukraine war crisis, the world is looking at India for supplies of wheat and other food grains. The Department of Commerce is continuing efforts to promote agriculture export so that the momentum gained over the past two years is sustained and agriculture exports touch new highs over the coming years.

The Sensex and the Nifty on Wednesday witnessed losses for the second day in a row. Both indices slipped amid weak cues from global share markets. The BSE Sensex closed near 59,600 points and the NSE Nifty ended near 17,800 level. The Sensex plunged 566 points, or 0.94 percent to […]