New Delhi, Apr 29 (PTI) The escalating geopolitical tension may have implications for the country's exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body FIEO said.
The global uncertainties caused by continuing war between Russia and Ukraine has impacted India s outbound shipments in 2023-24, which recorded a decline of 3.11 per cent to USD 437 billion. Imports too dipped by over 8 per cent to USD 677.24 billion.
The government is evaluating ways to enhance export competitiveness by examining the export credit landscape. Seeking insights from exporters, it aims to address challenges and improve access to financial resources crucial for international trade. With a focus on reducing the cost of export credit, officials are studying best practices from other countries. This initiative comes as India s goods exports declined in FY24, prompting exporters to seek longer-term funding amid global uncertainty.
iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO – Get Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $112.33 and last traded at $111.23, with a volume of 183732 shares changing hands. The stock had previously closed at $111.94. iShares U.S. Oil & […]
iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $108.11 and last traded at $107.93, with a volume of 165027 shares changing hands. The stock had previously closed at $106.97. iShares U.S. Oil & […]