Stock Market News Updates Today: Sectorally, all the indices were rising, with 1.8% rise in media, financial services, PSU Bank and private banking indices.

China had emerged as India's biggest trade partner in the first half of the financial year 2020-21 too, pipping the US, which had held that position since 2018-19. In 2020, two-way trade between India and China stood at $77.7 billion

\"Total export is about Rs 338 crore worth of COVID vaccine,\" the minister said

As India's imports fall, exporters are facing a shortage of containers

India Stock Market News Updates Today: Sensex scaled record high of 51,073.27 while the Nifty hit record high of 15,014.65 level in early trade. SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack

India is well on the way to breaking into new frontiers and exporting goods such as mobile phones and other electronic goods, says Commerce Secretary Anup Wadhawan

Cumulative exports during April-January 2020-21 exhibited a negative growth of 13.66 per cent at $228.04 billion, as compared to $264.13 billion during the same period last year

Imports during the month rose 2 per cent to $ 42 billion, leaving a trade deficit of $ 14.75 billion, the Commerce Ministry data showed

The core sectors had expanded by 3.1 per cent in December 2019, according to the provisional data released by the Commerce and Industry Ministry on Friday

Union Budget 2021 expectations: India reportedly has a very low share in the global toys market and accounts for less than 0.5 per cent of international demand at $100 million

Accelerator programme will provide startups with an opportunity to showcase their business proposition to partner VC firms - Sequoia Capital India and Fireside Ventures - and also a chance to win a total equity-free grant of $50,000 from Amazon

The moves will further increase tensions with China, Washington's strategic rival in Asia, days before President-elect Joe Biden takes office on Wednesday

Exports in December 2019 was $27.11 billion, while imports stood at $39.5 billion

Exporters' community is hopeful that outbound shipments would start recording healthy growth rates from April 2021, helped by growth in demand in developed as well as developing countries

Earlier this month, the Indian government had also extended the relaxed norms for onion imports until January 31 in an attempt to boost domestic supply of onions while also ensuring the stability of its price

India and Australia can combine complementary skills and expertise to develop new innovations by leveraging Australian expertise with Indian expertise including in data analytics, biotech, and mobile applications

Importers of coking coal, steam coal and bituminous coal would have to gain a permit ahead of deliveries, the commerce and industry ministry

Other recommendations include extending tax deduction on product development, providing deemed export status to Indian industry under the global bidding of procurement, ECGC coverage to the banks for export finance, and higher budget allocation to the Department of Commerce

Exim Bank expects India's non-oil exports to witness a marginal positive annual growth in December quarter, after three consecutive quarters of contraction

For April-November period of the current fiscal, exports dropped by 17.76 per cent to $173.66 billion, while imports declined by 33.55 per cent to $215.69 billion, resulting in a trade deficit of $42 billion