Last Updated: Monday, May 4, 2015, 15:29
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.
Last Updated: Friday, April 24, 2015, 19:36
India will take up the issue of a widening trade deficit and greater market access for domestic products during Prime Minister Narendra Modi's visit to China later this month, a top commerce ministry official said.
Last Updated: Thursday, April 23, 2015, 14:36
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.
Last Updated: Friday, April 17, 2015, 21:24
Persistent slowdown in global markets has hit Indian exports which fell sharply by 21 percent in March, the industry said Friday.
Last Updated: Friday, April 17, 2015, 18:44
Falling exports and an increase in gold imports have widened the trade deficit to four-month high of USD 11.79 billion in March.
Last Updated: Friday, April 17, 2015, 18:05
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.
Last Updated: Tuesday, March 31, 2015, 14:10
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.
Last Updated: Monday, March 23, 2015, 18:14
The government will soon unveil the much-delayed Foreign Trade Policy (FTP) which is expected to roll out steps to boost exports.
Last Updated: Wednesday, March 18, 2015, 06:04
Japan`s trade deficit nearly halved year-on-year in February as lower oil prices helped reduce the cost of imports, official data showed Wednesday.
Last Updated: Friday, March 13, 2015, 19:26
Falling for the straight third month, India's exports declined steeply by over 15 percent to USD 21.54 billion in February, even as trade deficit narrowed to USD 6.85 billion.
Last Updated: Friday, March 13, 2015, 18:16
Exports in February declined by 15.02 percent to USD 21.545 billion while imports were also down 15.65 percent to USD 28.39 billion leaving the trade deficit at a 17-month low of USD 6.8 billion.
Last Updated: Saturday, February 28, 2015, 01:20
U.S. economic growth braked more sharply than initially thought in the fourth quarter amid a moderate increase in business inventories and a wider trade deficit, but strong domestic demand brightened the outlook.
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