Decline in exports "pulled down" GDP growth by 3%: FIEO
Exporters body FIEO on Thursday said the decline in outbound shipments has "pulled down" India's GDP growth in the April-June quarter by over 3 percent.
Sep 03, 2015, 18:28 PM IST
Exporters worried as outbound shipments continue to slide
With India's outbound shipments contracting for the eighth month in a row, exporters on Friday expressed concern over the continuous slide, saying government needs to immediately step in and chalk out a strategy to give them a competitive edge.
Aug 14, 2015, 23:59 PM IST
Exports continue to slide for 8th month; dip 10.3% in July
Hit by global slowdown, India's exports contracted for the eighth straight month by 10.3 percent in July to USD 23.13 billion, pushing the trade deficit to USD 12.81 billion.
Aug 14, 2015, 19:26 PM IST
World economies must take note of yuan devaluation: CEA
World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy and exports, Chief Economic Advisor Arvind Subramanian said Wednesday.
Aug 12, 2015, 13:14 PM IST
Commerce Ministry moves Cabinet note on interest subvention scheme
To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme.
Aug 09, 2015, 10:53 AM IST
CEA Arvind Subramanian pegs growth at 8-10%, with exports rider
Chief Economic Advisor (CEA) Arvind Subramanian on Monday said India can grow at 8-10 percent, provided exports put up a strong show.
Jul 27, 2015, 22:26 PM IST
India's cotton exports to China plunge 56.7% in 2014-15
Cotton prices in the domestic market are subdued due to 56.72 percent fall in India's exports to China in 2014-15, Parliament was informed today.
Jul 22, 2015, 15:57 PM IST
Govt to soon announce interest subvention scheme for exporters
Concerned over a continuous decline in exports, the government on Friday said it will soon announce an interest subsidy scheme for exporters.
Jul 17, 2015, 13:53 PM IST
Banks can factor export receivables to improve cash flow: RBI
The Reserve Bank on Thursday allowed banks to factor export receivables on a non-recourse basis, so as to enable exporters to improve their cash flow and meet their working capital requirements.
Jul 16, 2015, 23:09 PM IST
India's exports plunge again, clouding growth outlook
Imports in June fell 13.4 percent from a year earlier to USD 33.12 billion, their seventh consecutive decline, chiefly reflecting a slide in prices for oil - India`s top import.
Jul 15, 2015, 19:47 PM IST
Exports fall for 7th straight month, dip 15.82% to $22.2 billion in June
India's exports contracted for the seventh straight month in June, government data showed on Wednesday, marking a 15.82 percent drop year-on-year because of a slump in global demand.
Jul 15, 2015, 19:15 PM IST
Centre, states discuss ways to boost exports
The Commerce Ministry on Wednesday asked states to expedite infrastructure development process and formulate a trade policy in order to boost exports.
Jul 15, 2015, 17:13 PM IST
Rajan did not imply world facing new Great Depression: RBI
"We need rules of the game in order to effect a better solution. I think it is time to start debating what should the global rules of the game be on what is allowed in terms of central bank action," he said.
Jun 28, 2015, 18:40 PM IST
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
Exports to China to pace up at 14% a year in 2020-30: HSBC
Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.
May 28, 2015, 12:35 PM IST
'Weak exports to hit growth by 0.40% in 2015'
A slowdown in exports is likely to bring down India's growth rate by 0.40 percentage point in 2015, a report by global brokerage firm HSBC has said.
May 26, 2015, 13:59 PM IST
High standard products important to access discerning markets: Kher
The government on Thursday asked the industry to manufacture and fix high standard for accessing discerning markets and enhance competitiveness of goods.
May 21, 2015, 14:22 PM IST
