Export National News

India’s Exports Declines 6% In May 2023

India’s overall exports, both merchandise and services combined, in May 2023 are estimated to be USD 60.29 billion, registering a decline of about 6 per cent from May 2022, official data revealed on Thursday. Overall imports in May 2023 are estimated to be USD 70.64 Billion, down 7.45 per cent from May 2022. India’s overall […]

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Government International News Trade

India, Russia Aim For $50Bn In Bilateral Trade In 2023

India and Russia aim to reach a bilateral trade volume of USD 30 billion by 2025, Ved Prakash Singh, First Secretary and Head of the Economic and Commercial Department of the Embassy of India in Moscow said on Wednesday, TV Brics reported. TV BRICS covers the economic agenda of the five countries. The list of […]

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Export Food National News

India’s Seafood Exports Hit Record High In 2022-23

India’s seafood exports, both in terms of volume and value, achieved an all-time high in 2022-23. It shipped 1.7 million tonnes of seafood worth Rs 63,969.14 crore (USD 8.09 billion) during the financial year, growing 26.73 per cent in quantity terms and 4.31 per cent in value terms over 2021-22. According to a press statement […]

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Brands Companies Electronics News

Apple’s Vision Pro Competes With Meta’s Quest 3

Apple launched its first augmented reality headset, Apple Vision Pro, at its 2023 Worldwide Developers Conference on Monday. According to Variety, a US-based media outlet, the headset will be priced starting at $3,499, available starting in early 2024 in the U.S. (with other countries later in the year). “I believe that augmented reality is a […]

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Brands Companies Electronics News

Apple Unveils New 15-Inch MacBook Air, M2 Ultra Chip, watchOS 10 At WWDC 2023

At its 2023 Worldwide Developers Conference, Apple launched a new 15-inch MacBook Air, the M2 Ultra chip and watchOS 10 on Monday. 15-inch MacBook Air According to The Verge, an American technology news website, the new model is 11.5mm thick, which Apple says makes it the world’s thinnest 15-inch laptop. It has two USB-C Thunderbolt […]

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Companies Electronics Interviews News Retail

Vijay Sales Expects 50% YoY Growth In Wearables Segment, Eyes Online Sales Boost

Vijay Sales, a consumer electronics retailer’s a major growth driver is the kitchen segment, following the wearables segments which include smartwatches, fitness trackers and other wearable devices. The Indian wearables market reported 80.9 per cent year-on-year (YoY)  growth in first quarter of the year 2023. While talking about the growing wearable market in India, Nilesh […]

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Companies News People

Alibaba Denies Layoffs Rumours, Plans To Hire 15,000 People In 2023

Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20 per cent of its workers. In a post on the firm’s official Weibo account, Alibaba said that among the 15,000, more than 3,000 people […]

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Export News

India’s Exports Reaches $775.87 Bn In 2022-23, Showing Growth of 14.7%

India’s overall exports in the just concluded financial year 2022-2023 were worth USD 775.87 billion, a growth of over 14 per cent and almost USD 100 billion more than last year’s figures, official data released by commerce ministry showed on Monday. In 2021-22, the overall exports were at USD 676.53 billion. In 2022-23, India’s merchandise […]

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E-commerce & Marketplaces Feature Logistics News

India’s Ecommerce Logistics Market All Set To Witness Exponential Growth

India’s logistics sector has emerged as a market differentiator, with an increasing emphasis on efficiency and visibility within the supply chain. Recently, India made significant progress on the World Bank’s Logistics Performance Index (LPI) in 2023, climbing six places to reach the 38th position among 139 countries.  “India’s impressive six-spot jump in the World Bank’s […]

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Air Expo India 2023: Showcasing The Latest Of General Aviation And Business Jets In New Delhi

The Minister of Civil Aviation Jyotiraditya M. Scindia has given his consent for organizing the Air Expo India 2023, which will be the first-of-its-kind exhibition of General Aviation / Business Jets at Indira Gandhi International Airport New Delhi in December 2023. Civil Aviation is poised to play a significant role in India’s growing economy. The […]

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