New Delhi: Exports of top five sectors — engineering, petroleum, gems and jewelery, textiles and pharmaceuticals — fell by about 25 per cent to $13.33 billion in August due to global demand slowdown.These five sectors
Mumbai: As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya on Monday said it must fall further to help domestic exporters."It (further fall in the rupee) is required, otherwise exports will
New Delhi: Contracting for the eighth month in a row, India's exports were down 10.3 per cent in July to USD 23.13 billion, hit by global slowdown and dip in crude oil prices which impacted
New Delhi : The government is planning to issue sovereign gold bonds linked to the price of the yellow metal, a proposal aimed at reducing demand for gold and control trade deficit.In a draft outline,
New Delhi: Raising fresh concerns about economic growth, India's exports contracted by about 14 per cent in April to USD 22 billion due to a sharp dip in petroleum, gems and jewelery shipments, registering decline
New Delhi: The residents of Delhi have to once again loosen their wallets as the prices of vegetables are constantly moving upwards.Unseasonal rainfall and exports to Pakistan are being blamed for the hike in prices.vegetables
New Delhi: India's telecom exports may drop by about 40 per cent if uncertainty about Nokia's plant near Chennai continues and production is affected, the Telecom Equipment & Services Export Promotion Council said. “This year,
New Delhi: India's exports grew by 3.98 per cent to USD 312.35 billion in FY 2013-14 while imports dipped by 8.11 per cent during the period.Imports declined to USD 450.94 billion, narrowing the trade deficit
New Delhi : The government should expeditiously clear Rs 19,000 crore of duty refund claims as the mounting arrears are hurting shipments, demanded exporters.Federation of Indian Export Organisations (FIEO) President Rafeeque Ahmed regretted that despite
New Delhi: After falling for five months in a row, India's gems and jewellery exports rose by 21.8 per cent year-on-year in October to $3.37 billion boosted by rising demand from western markets ahead of
Chennai: Exhorting traders to push exports by cashing in on attractive exchange rate, Finance Minister P Chidambaram today said imports cannot be “compressed” too much as they are the lifeline of many domestic industries.“The trade
New Delhi: Recovery in global markets pushed the country's exports to a two year high of 13.47 per cent to $27.2 billion in October even as trade deficit worsened on account of rise in gold
New Delhi: Rising exports and declining imports in September narrowed the trade deficit to a 30-month low of USD 6.76 billion, which may help the rupee to stabilise after excessive volatility in the past few
NEW DELHI: India's trade deficit for the month of August narrowed to $10.9 billion, versus $12.26 billion in July. The deficit narrowed on the back of improving exports and declining imports, and was down 11%
New Delhi: Exports grew by 11.64 per cent to $25.83 billion in July, snapping two consecutive months of decline, on the back of demand from Africa, Asean and Far East regions. Imports also declined by
Mumbai, Mar 9: Cotton textile exports are expected to grow by 9 per cent at USD 9.56 billion in the current fiscal as against USD 8.42 billion in the previous year despite adverse market conditions
New Delhi, Dec 26: Faced with a widening trade deficit, the government on Wednesday announced a slew of incentives to reverse decline in exports which will still fall much short of the $360 billion target
New Delhi, Dec 11: Continuing with its downward slide, exports dipped for the seventh month in a row in November by 4.17 per cent to $22.3 billion, a development which may prompt government to come
New Delhi, Aug 18: India's exports are unlikely to achieve the USD 360 billion target for this fiscal and will be about USD 334 billion, the Prime Minister's Economic Advisory Council said on Friday.The PMEAC,
New Delhi, May 27: Car major Toyota Kirloskar Motor is planning to rev up exports from India in order to partly offset losses, which has touched Rs 60 crore in the last four months due
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