Early signs of turnaround visible in some export sectors: RBI
Early signs of a turnaround are visible in some export sectors such as readymade garments, pharmaceuticals and electronics despite persistent weakness in global trade, the Reserve Bank said Tuesday.
Dec 01, 2015, 13:53 PM IST
US crude down 4% to hit 6-1/2-year low on surprise stock build
US crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low and almost break below $40 per barrel, as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.
Aug 20, 2015, 08:59 AM IST
India's exports to Greece fall 15% on debt crisis: Govt
The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.
Aug 05, 2015, 19:40 PM IST
Bipartisan bill introduced to end ban on crude oil export
An influential group of Senators from both the Republican and Democratic parties have introduced a legislation in US Senate to end the 1975 ban on crude oil export, which could benefit gas and oil deficient countries like India.
May 14, 2015, 21:30 PM IST
Strong India rupee stings Modi's export ambitions,
Ajit Lakha, who runs a mid-sized garment export business in the north Indian textile hub of Ludhiana, prays daily before leaving for work that the rupee will weaken and the euro recover to cut the losses he is taking on his overseas sales.
Apr 27, 2015, 03:25 AM IST
India's exports may fall short by $30-32 bn in 2014-15
India's exports may again miss the target in 2014-15 and be in the range of USD 308-310 billion as against the target of USD 340 billion, a senior Commerce Ministry official has said.
Apr 12, 2015, 10:48 AM IST
Government cuts minimum export price of onion to $250/tonne
The government has slashed the minimum export price (MEP) of onion by USD 50 per tonne to USD 250 per tonne, a move which would help in encouraging exports of the commodity.
Apr 08, 2015, 23:29 PM IST
Current account deficit doubles to $8.2 bn of GDP in Dec quarter
India's current account deficit (CAD) doubled to USD 8.2 billion or 1.6 percent of gross domestic product (GDP) in the October-December quarter on a year-to-year basis.
Mar 10, 2015, 17:59 PM IST
Export from Indore SEZ likely to touch Rs 3,500 cr in FY15
Export from the Special Economic Zone (SEZ) in Madhya Pradesh's Indore can touch Rs 3,500 crore in the current financial year if the bullish sentiment in global demand continues to drive the growth.
Feb 22, 2015, 17:48 PM IST
Rupee gains 14 paise against dollar in early trade
The rupee recovered by 14 paise at 62.20 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters.
Feb 20, 2015, 09:49 AM IST
Govt removes minimum export price on potato
The government has decided to remove the minimum export price of potato as its availability has increased and prices have eased in domestic markets.
Feb 19, 2015, 21:17 PM IST
US challenges Chinese export subsidies
The United States on Wednesday launched a legal challenge to Chinese subsidies supporting billions of dollars of exports across a wide swathe of industries from steel to shrimp.
Feb 12, 2015, 17:12 PM IST
Rupee up 7 paise against dollar in early trade
Recovering from nearly four-week low, the rupee today rose by seven paise to 62.10 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of dollars by exporters.
Feb 10, 2015, 10:07 AM IST
Trade deficit widens to $16.8 bn; gold imports surge 6-fold
An over six-fold jump in gold imports in November has pushed country's trade deficit to one-and-a-half year high of USD 16.86 billion in the month, causing fresh concerns for economic policy makers.
Dec 15, 2014, 20:10 PM IST
Denmark cuts growth forecast as demand for exports slackens
Output growth is now expected to reach 0.75 percent this year, down sharply from a prediction of 1.4 percent made in August
Dec 11, 2014, 20:36 PM IST
Government relaxes export norms for cotton
The government Monday relaxed export norms for cotton and cotton yarn, doing away with the need to register contracts, to help boost outbound shipments of the commodity.
Dec 08, 2014, 20:19 PM IST
India's coffee exports pegged at 5.02 mn bags this year: USDA
India's coffee exports are expected to increase marginally to 5.02 million bags in the ongoing 2014-15 marketing year even as Indian coffee remains high-priced in the global markets, says the latest USDA report.
Nov 19, 2014, 14:59 PM IST
BHP to export ultralight oil, testing US crude ban
Mining giant BHP Billiton said Wednesday it plans to ship ultralight oil from the United States without the government`s explicit permission in a move that will test a four-decade-long ban on crude exports.
Nov 05, 2014, 13:58 PM IST
Wider US trade deficit, weak exports point to slower growth
The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year.
Nov 04, 2014, 21:44 PM IST
'Plans to export Alto K10 to Africa,Latin America,Middle East'
India's largest car maker, Maruti Suzuki, plans to export its next generation small car Alto K10 to Africa, Latin America and the Middle East, a top official said here today.
Nov 04, 2014, 16:26 PM IST
