Merchandise exports in December 2021 were $37.81 billion, as compared to $27.22 billion in December 2020, exhibiting a positive growth of 38.91 per cent.
In 2020-21 there was a deceleration in textile exports due to pandemic disrupting the supply chain and demand.
During the first week of this month, imports rose about 33 per cent to $11.60 billion as compared to $8.72 billion in the same period of 2021.
The safety protocols activated during the previous waves of Covid-19 have resulted in the adoption of an effective remote working model, and the digital nature of work has enabled STPI units to maintain continuity of services without disruption.
Outbound shipments during April-December 2021 crossed US$ 300 billion, exceeding the exports of 2020-21, as per data by the commerce ministry.
Two-wheeler exports for the calendar year 2021 stood at an impressive over 2.2 million units while three-wheeler and quadricycle sales added another 0.3 million-plus units.
Currently, plucking of tea leaves takes 10 to 15 days due to acute shortage of experienced tea pluckers. It should be 7 to 8 days if one wants to collect quality leaves, says Santosh Saha.
"By 2024-2025, we will be achieving the target of exporting defence products worth USD 5 billion as fixed by Prime Minister Narendra Modi. I can assure him that 90 per cent of the defence products will be made in India soon," he said
Total merchandise imports in October, however, rose 62.5 per cent to $55.37 billion.
The company’s CEO Adar Poonawalla said the company would be able to export 20 to 30 million Covid-19 vaccine doses in November this year.
Overall trade balance for September 2021 stood at a negative $14.43 billion. It was $4.23 billion in September 2020.
The Republican Senator Jim Risch welcomed the India’s decision to resume export of Covid-19 vaccine, saying it is ‘crucial’ for entire Indo-Pacific region and the world as well.
The Indian Government discontinued vaccine exports under the 'Vaccine Maitri' programme when it was hit by the second wave of the Covid-19 pandemic.
Moody's Analytics said social distancing is weighing on the current quarter, but economic recovery will resume by the year-end.
On Wall Street, the S&P 500 dipped 0.2 per cent to 4,246.59 as the Federal Reserve began a two-day meeting on interest-rates and other policies.
China's trade surplus in May was $45.53 billion, down 26.5% from a year earlier
Manish Sisodia said the Centre should now ensure that the vaccines manufactured in the country are provided to the states that are facing a shortage.
The auto giant achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.