Steps to arrest decline in exports should be taken: FIEO
While expressing concern on sharp decline in India's export for May 2015, FIEO Southern Region Chairman, A Shaktivel said that continuous decline in export need to be arrested at any cost.
Jun 17, 2015, 17:06 PM IST
'Removal of benefits in foreign trade policy to hit exports'
Removal of benefits on exports to African countries in the new foreign trade policy will affect shipments of value added products like cotton dyed and printed fabrics, textile industry body said on Tuesday.
Jun 16, 2015, 20:54 PM IST
Trade deficit narrows to 3-month low
India's trade deficit narrowed to a three-month low in May, helped by lower gold imports, bolstering the outlook for its current account balance.
Jun 16, 2015, 13:58 PM IST
Exports dip 20.19% in May; down 6th month in a row
Trade deficit narrowed to a three month low of USD 10.4 billion in the month under review compared with USD 11.23 billion in May 2014, according to data released by the commerce ministry.
Jun 16, 2015, 11:44 AM IST
GDP growth to slow to 7.2% in January-March quarter: Moody's
As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.
May 28, 2015, 14:37 PM IST
Gold imports up 19.5% at $34.32 billion in FY15
Gold imports surged 19.5 percent to reach USD 34.32 billion in 2014-15 due to declining prices and easing of restrictions by the Reserve Bank.
May 04, 2015, 15:29 PM IST
South Korea seeks expansion of free trade pact with India
South Korea, with which India has trade deficit of over USD 8 billion, has sought widening of the scope of free trade agreement by including more products under the pact.
Apr 23, 2015, 14:36 PM IST
'Global slowdown hits Indian exports'
Persistent slowdown in global markets has hit Indian exports which fell sharply by 21 percent in March, the industry said Friday.
Apr 17, 2015, 21:24 PM IST
Exports dip sharply in March; 2014-15 target missed
Falling exports and an increase in gold imports have widened the trade deficit to four-month high of USD 11.79 billion in March.
Apr 17, 2015, 18:44 PM IST
Trade deficit widens to $137 billion in FY15
India’s exports contracted by 21.06 percent to USD 23.95 billion, while imports also fell by 13.44 percent to USD 35.74 billion in March.
Apr 17, 2015, 18:05 PM IST
New FTP to be unveiled tomorrow; sops for exporters likely
The FTP, which is being announced at a time when India's exports are declining, may extend interest subsidy scheme and other incentives for labour intensive sectors such as leather and handicrafts.
Mar 31, 2015, 14:10 PM IST
Foreign Trade Policy soon: Nirmala
The government will soon unveil the much-delayed Foreign Trade Policy (FTP) which is expected to roll out steps to boost exports.
Mar 23, 2015, 18:14 PM IST
India's raises market access issue with China
India Friday raised the problems faced by domestic business in accessing markets in China with which the country has a trade deficit of USD 37 billion.
Jan 16, 2015, 23:01 PM IST
Trade deficit falls to 10-month low of $9.43 billion in December
India's trade deficit declined to 10-month low of USD 9.43 billion in December mainly on account of falling imports due to slump in crude prices, though exports too have come down.
Jan 15, 2015, 19:36 PM IST
Trade deficit dips to 10-month low in December
India's trade deficit dipped by 44 percent to 10-month low of USD 9.43 billion in December last year.
Jan 15, 2015, 18:09 PM IST
Gold imports slump to 39 tonnes in December
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
Jan 07, 2015, 20:44 PM IST
India's trade deficit jumps 22 times since 1990-91
Experts attributed declining growth of manufacturing sector to the widening of trade deficit.
Dec 25, 2014, 17:45 PM IST
'India's gold imports may go up to 75 tonnes per month'
The country's gold imports are likely to rise to about 70-75 tonnes per month against the present average of 50-60 tonnes, a senior industry official said here.
Oct 01, 2014, 19:17 PM IST
Gold imports up 65% in June to $3.12 billion
After declining for seven months in a row, gold imports grew by 65.13 percent to USD 3.12 billion in June.
Jul 17, 2014, 11:46 AM IST
Exports rise most in 6 months; up 12.4% at $28 billion in May
Trade deficit stood at USD 11.23 billion in May compared to USD 10.1 billion in April, and USD 19.37 billion in May 2013.
Jun 11, 2014, 12:33 PM IST
