Even as UNCTAD flagged a "highly uncertain and generally pessimistic," outlook for 2024 -- in its report released on 11 December 2023 citing factors like ongoing geopolitical tensions, escalating debt, and widespread economic fragility, India navigated the stormy waters to also take its overall exports -- which includes a combination of merchandise and services shipments -- in February 2024 to an estimated USD 73.55 billion, exhibiting a positive growth of 14.20 per cent over February 2023. Merchandise imports also grew at USD 60.11 billion in February 2024, showing an increase of over 12 per cent as compared to USD 53.58 billion in February 2023, the latest Commerce Ministry data shows.
According to Commerce Secretary Sunil Barthwal, the surge in exports has come amidst a difficult set of circumstances led by tight monetary policies in the Western world and, fall in commodity prices for a considerable amount of time. Though the government had, a few months back, sensed green shoots of recovery, Barthwal admitted that the export growth in February had surpassed all expectations. “If you look at the 11 months of the financial year, this is the highest export growth we have achieved in both merchandise and overall,” says the Commerce Secretary.
To add to this very heartening development, there are positive signs that India’s exports of this current financial year may even beat last year’s record. There has been a fair amount of speculation on this, agrees the Commerce Secretary, pointing to the February export figures, which if taken cumulatively, show that India has overshot last year’s figure.
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LG direct for immediate appointment of 2,346 Home Guards
Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.
'Discoms colluding with AAP for windfall gains'
The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.
Delhi faces unusually high temperatures in Nov
This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"
Govt. distributes heaters to curb winter pollution and help night workers
The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.
OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1
Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.
AAP TO CONDUCT SURVEY FOR ALL SEATS
Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.
MCD fines Rs 2.69 cr for violations of dust pollution norms
The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.
