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FM Sitharaman leaves for US to attend World Bank, IMF meetings

Finance Minister Nirmala Sitharaman will be leaving for the US later on Sunday to attend the spring meetings of the World Bank and the IMF as well as G20 finance ministers and central bank governors (FMCBG). During the official visit to the US, Sitharaman will take part in bilateral meetings with several countries, including Indonesia, …

Wheat exports in FY23 to beat target of 10 MT, India aims to supply 3 MT to Egypt: Piyush Goyal

Commerce and industry minister Piyush Goyal on Friday exuded confidence that India’s wheat exports in the current fiscal will breach the initial target of 10 million tonne and may even touch 15 million tonnes. The country’s wheat exports have witnessed a quantum jump in recent years — from just 2,17,000 tonnes in FY20 to two …

Exports up nearly 20% to $42 billion in March

Services exports scaled a fresh peak of $250 billion in FY22, while outbound shipments of merchandise exceeded an ambitious target to hit a record $419.5 billion last fiscal, commerce and industry minister Piyush Goyal said on Wednesday. Services exports were to the tune of $206 billion in FY21, down over 3% from a year before, …