Fall in crude prices responsible for dip in exports: Govt

Last Updated: Tuesday, August 25, 2015, 23:18

As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.

Govt working on various fronts to push up exports: Comm Secy

Last Updated: Thursday, August 20, 2015, 19:31

Commerce Secretary Rita Teaotia said the ministry is focusing on exports sectors with a huge potential such as pharmaceuticals, ready-made garments, leather, gems and jewellery, chemicals and agro-chemicals.

Flipkart makes selling easy with 'F-1 Stop'

Last Updated: Thursday, August 20, 2015, 16:44

'F-1 Stop' will equip sellers with necessary information and procedures to kickstart and grow their business online.

WTO trade pact ratification on govt's table: Govt

Last Updated: Wednesday, August 19, 2015, 15:01

TFA seeks to simplify Customs procedures and rules, increase transparency and reduce transaction costs for traders.

China stocks extend slide amid warning of severe trade pressure

Last Updated: Wednesday, August 19, 2015, 11:11

Chinese stock markets tumbled for a second straight day on Wednesday as investors crowded the exits, fearing a government campaign to prop up share prices was faltering and unnerved by a steady stream of gloomy economic news.

Wal-Mart's drug problem: Pharmacy business drags on profit

Last Updated: Wednesday, August 19, 2015, 08:49

The company warned that the margin squeeze would continue for at least the remainder of the year.

Snapdeal raises $500 million from Alibaba, Foxconn and SoftBank

Last Updated: Wednesday, August 19, 2015, 08:36

Snapdeal, which bills itself as India`s version of Alibaba, did not break out individual investments. EBay Inc is selling part of its stake in a transaction which also involves fresh funding.

Govt mulling interest rate sops to leather industry

Last Updated: Sunday, August 16, 2015, 11:20

The Commerce Ministry has circulated a draft note on providing benefits of interest subvention scheme to exporters and the Cabinet is expected to take a decision on the sops by the end of this month, an official said.

Oriental Bank of Commerce cuts lending rate by 0.1%

Last Updated: Friday, August 14, 2015, 15:52

The bank has reduced base rate to 9.90 percent from 10 percent.

E-commerce in Middle East to reach $4.9 billion in 2015

Last Updated: Tuesday, August 11, 2015, 16:08

The rapidly evolving e-commerce in the Middle East has grown tremendously over the last decade and its value is expected to reach USD 4.9 billion this year.

Groupon India being rebranded as 'nearbuy'

Last Updated: Monday, August 10, 2015, 19:25

Sequoia Capital, a venture capital firm specialised in start-up investments, is helping Groupon India split from its Chicago-headquartered parent firm Groupon.

Govt trying to talk to countries on sugar exports: Sitharaman

Last Updated: Sunday, August 9, 2015, 18:47

"We just started working on it. Because quantum of sugar is annually getting accumulated. In the last four years it (the accumulation of sugar) has been quite substantial," she told reporters here.