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Devaluation of yuan to impact handicraft export: EPCH

Last Updated: Monday, August 17, 2015, 14:10

Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan.

Sensex down by 288 points in late morning trade

Last Updated: Monday, August 17, 2015, 10:17

The BSE Sensex resumed higher at 28,093.54 and hovered in a range of 28,095.97 and 27,739.13 before quoting at 27,779.23 at 1100 hrs, a fall of 288.08 points or 1.03 per cent from its last close.

Response to deal with yuan devaluation impact soon: FinMin

Last Updated: Sunday, August 16, 2015, 13:37

Mehrishi pushed for RBI cutting interest rate to encourage manufacturing and boost exports, arguing risks are not much as inflation is low.

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.

Govt should sort out internal challenges: Tata Steel

Last Updated: Saturday, August 15, 2015, 17:13

The government should sort out internal challenges at a time when the domestic steel industry is facing challenges from China, Tata Steel Managing Director (India and South East Asia) T V Narendran said Saturday.

Exporters worried as outbound shipments continue to slide

Last Updated: Friday, August 14, 2015, 23:59

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.

Exports continue to slide for 8th month; dip 10.3% in July

Last Updated: Friday, August 14, 2015, 19:26

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.

Middle class woes to continue as wholesale onion prices touch 22-month high

Last Updated: Friday, August 14, 2015, 11:06

Woes for the Indian middle class seems to be far from over due to constant escalation in wholesale price of onion.

Yuan devaluation is challenge; but India can overcome: SBI chief

Last Updated: Wednesday, August 12, 2015, 20:06

State-run SBI chief Arundhati Bhattacharya Wednesday said Chinese currency Yuan devaluation is a challenge and expressed hope that India has potential to overcome this challenge.

World economies must take note of yuan devaluation: CEA

Last Updated: Wednesday, August 12, 2015, 13:14

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.

India's exports to be hit by yuan devaluation: FIEO

Last Updated: Wednesday, August 12, 2015, 00:32

"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese exports.

China yuan devaluation to hit India's exports: FIEO

Last Updated: Tuesday, August 11, 2015, 21:57

India's exports will be hit and the trade deficit might widen after the devaluation of Chinese currency yuan by 2 percent, which is bound to raise the competitiveness of outbound shipments from the neighbouring country, exporters' body FIEO said Tuesday.