Govt keeping close watch on rupee movement: Nirmala

Last Updated: Thursday, September 10, 2015, 18:43

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.

Knee-jerk reaction not answer to emerging challenges: FinMin

Last Updated: Tuesday, September 8, 2015, 23:38

The Finance Ministry Tuesday said "knee-jerk" reaction is not the answer to the current challenges being faced by India and assured that measures initiated by the government will boost growth.

Make in India should not entirely focus on global markets: Rajan

Last Updated: Thursday, May 28, 2015, 19:51

Reserve Bank Governor Raghuram Rajan on Thursday said it was a 'worthwhile ambition' to pursue Make In India campaign but cautioned that the whole effort should not be made towards producing for overseas markets as global slowdown could create problems.

'Global slowdown, steep fall in oil prices impacted exports'

Last Updated: Friday, May 8, 2015, 15:26

The country's exports dipped by 1.2 percent to USD 310.5 billion in 2014-15.

Global slowdown impacted India's exports in 2014-15: Sitaraman

Last Updated: Sunday, April 26, 2015, 19:50

India failed to meet the exports target of USD 340 billion set for 2014-15 due to economic slowdown in many countries, Commerce and Industry Minister Nirmala Sitaraman said Sunday.

'Global slowdown hits Indian exports'

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.

Sales volume in real estate sector in Chennai declines: Study

Last Updated: Thursday, January 9, 2014, 17:37

Sales volume in the real estate sector in the city during the last one year witnessed a 33 percent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.

Immediate challenge is to go back to 8% growth: Mukherjee

Last Updated: Friday, December 20, 2013, 14:46

"Our economic growth declined during the last two years. At five percent in 2012-13, it was the lowest in the last ten years," President Pranab Mukherjee said.

More items under duty drawback scheme for exporters

Last Updated: Saturday, September 14, 2013, 20:40

Government Saturday rationalised the duty drawback and brought more items under the scheme for tax refund to exporters to give a boost to overseas shipments.

'Negative narrative' cast adverse impact on economy: Sharma

Last Updated: Saturday, August 31, 2013, 22:57

An atmosphere of 'negative narrative' in the country cast adverse impact on the economy and contributed to the present crisis, Commerce Minister Anand Sharma said Saturday.

Export outlook optimistic, says Sharma

Last Updated: Saturday, August 31, 2013, 18:32

Commerce and Industry Minister Anand Sharma today expressed optimism that the recent pick-up in exports will continue through the rest of the financial year despite the global slowdown.