https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 27 Jul 2023 03:22:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/07/27/rbi-permits-banks-to-open-vostro-accounts-from-22-nations-for-rupee-trade/ Thu, 27 Jul 2023 03:22:07 +0000 https://thenfapost.com/?p=288343 As on July 23, 20 banks in India have been permitted to open SRVAs of partner banks from 22 countries, including Bangladesh, Belarus, Botswana, Fiji, Germany, Guyana and Israel New Delhi, NFAPost: The Reserve Bank of India has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner […]]]> https://thenfapost.com/2023/06/15/seafood-exports-up-4-31-to-8-09-billion-in-2022-23-on-jump-in-shrimp-trade/ Thu, 15 Jun 2023 01:52:09 +0000 https://thenfapost.com/?p=276135 India’s seafood exports rose by 4.31 per cent to $8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the commerce ministry said New Delhi, NFAPost: India’s seafood exports rose by 4.31% to $8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the commerce […]]]> https://thenfapost.com/2023/04/11/centre-to-come-up-with-single-trade-body-to-promote-exports-report/ Tue, 11 Apr 2023 02:45:33 +0000 https://thenfapost.com/?p=255802 Last month, the Centre unveiled its new foreign trade policy (FTP 2023) setting a target of achieving $2 trillion in exports by 2030 New Delhi, NFAPost: The Centre is working on creating a single trade body to promote India’s exports with a focus on specific products and markets to achieve exports of $2 trillion by […]]]> https://thenfapost.com/2023/04/03/current-account-deficit-narrows-to-2-2-of-gdp-in-q3-rbi-data/ Mon, 03 Apr 2023 02:30:07 +0000 https://thenfapost.com/?p=253816 Non-resident deposits recorded net inflows of $2.6 billion in the third quarter of the current fiscal as compared to net inflows of $1.3 billion in the year-ago period New Delhi, NFAPost: India’s current account deficit, a key indicator of the country’s external sector, declined to $18.2 billion or 2.2% of the GDP in the December […]]]> https://thenfapost.com/2023/03/16/indian-exports-dip-for-third-consecutive-month-by-8-8-to-33-88-billion-in-feb/ Thu, 16 Mar 2023 02:57:15 +0000 https://thenfapost.com/?p=248597 India’s exports dipped in February for the third consecutive month by 8.8% to $33.88 billion against $37.15 billion in the same month last year, according to the data by commerce ministry New Delhi, NFAPost: India’s exports dipped in February for the third consecutive month by 8.8 per cent to $33.88 billion against $37.15 billion in […]]]> https://thenfapost.com/2021/05/14/indias-overall-april-exports-up-93-21-per-cent-yoy/ Fri, 14 May 2021 14:27:31 +0000 https://thenfapost.com/?p=80968 India’s overall exports, merchandise and services combined, in April are estimated to be USD 51.79 billion, exhibiting a positive growth of 93.21 per cent over the same period last year. Overall imports in April are estimated to be USD 58.72 billion, exhibiting a positive growth of 122.24 per cent over the same period last year. […]]]> https://thenfapost.com/2021/04/02/indian-exports-registers-record-growth-of-58-23-to-cross-34-billion-in-march-2021/ Fri, 02 Apr 2021 06:07:51 +0000 https://www.thenfapost.com/?p=67787 India’s trade deficit up by 41.4% to touch $14.11 billion as compared to $9.98 billion in March 2020 India’s merchandise exports in March 2021 touched $34.0 billion compared to $21.49 billion in March 2020, registering a growth of 58.23%, states a report released by the Ministry of Commerce and Industry India’s merchandise imports in March […]]]> https://thenfapost.com/2021/01/29/indian-economy-to-take-two-years-to-return-to-pre-pandemic-levels-economic-survey/ Fri, 29 Jan 2021 13:28:11 +0000 https://thenfapost.com/?p=48638 The Indian economy will take at least two more years to return to the growth levels achieved in the pre-pandemic period, the 2020-21 Economic Survey said. The document, which was tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha today, states that the rebound will be led by the low base and continued normalization […]]]> https://thenfapost.com/2020/09/18/cnh-industrial-india-exports-100-tractors-to-bangladesh/ Fri, 18 Sep 2020 07:26:21 +0000 https://thenfapost.com/?p=14534 Chennai, NFAPost: CNH Industrial India has emerged as the first company in India to export 100 agricultural tractors to Bangladesh in an inaugural run of a freight train from the Inland Container Depot (ICD) in Dadri, India which started on September 2. The 25-wagon freight train carrying the tractors was seen off by Vikas Kikan, […]]]>