Tuesday, Feb 2 2021 | Time 17:48 Hrs(IST)
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  • CBSE releases class 10, 12 exam date-sheet
  • Pak violates ceasefire in Poonch, India retaliates
  • Increase in January export indicates improvement in economy: FIEO
  • TVS Racing crowned champion at 2020 Indian National Rally C'ship
  • Military Turkey issues arrest warrants for 301 military personnel over 2016 coup attempt: Reports
  • LS ADJOURNED TILL 1900 HRS AFTER OPPOSITION UPROAR OVER FARM LAWS
  • Political parties in Punjab unanimously support farmers' protests
  • Nursery admissions to start soon in Delhi: CM
  • Musk takes temporary break from Twitter
  • Amendment bills to negate farm laws to be brought again in Punjab Assembly: Amarinder
  • Punjab all-party meet passes resolution seeking immediate withdrawal of farm laws
  • Australia postpone S Africa tour due to COVID-19
  • Uproar in LS over new farm laws, House adjourned till 1700 hrs
  • Budget can lift India to above 8 pc growth: CEA
  • Defence Minister Rajnath Singh inaugurates second plant of LCA in HAL
Business EconomyPosted at: Feb 2 2021 5:19PM


Increase in January export indicates improvement in economy: FIEO

New Delhi, Feb 2 (UNI) Federation of Indian Export Organsations (FIEO) on Tuesday said growth in January exports indicates sign of improvement for both, the Indian and international economy.
FIEO president Sharad Kumar Saraf said the monthly exports further moved northward towards positive territory with almost all major export category products showing impressive growth with signs of further revival of the coronavirus-battered economy.
Effectiveness of the Covid-19 vaccines have also led to bring both life and economy back on growth trajectory with a V-shaped recovery projected not only in world trade but the Indian economy as well, he added.
Mr Saraf said the government must address some of the key issues including release of the required funds for RoDTEP, MEIS and clarity on SEIS benefits, adequate availability of containers, softening of freight charges, resolving risky exporters issues and allocation of funds for NIRVIK Scheme.
FIEO President added that January exports also signals that our traditional and labour-intensive sectors of exports (except apparels and leather) have already passed the most challenging and testing times.
UNI SV SB 1718
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