Govt may extend interest subsidy scheme for exporters by 3 years

Last Updated: Sunday, September 13, 2015, 12:06

The ministries of commerce and finance are discussing the issue and their decision is likely to be sent soon to the Union Cabinet for approval, sources said.

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.

5 CIL trade unions to support Sept 2 nationwide strike call

Last Updated: Wednesday, August 26, 2015, 20:25

To protest against the proposed stake sale in Coal India, its five major trade unions will support the September 2 nationwide strike call, on labour issues, called by all 11 central trade unions of the country.

Gold imports jump 62.2% to $2.96 billion in July

Last Updated: Friday, August 14, 2015, 20:34

After declining in June, Gold imports jumped 62.2 percent to USD 2.96 billion last month, a development which will have adverse bearing on India's current account deficit (CAD).

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.

India's exports plunge again, clouding growth outlook

Last Updated: Wednesday, July 15, 2015, 19:47

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.

Exports fall for 7th straight month, dip 15.82% to $22.2 billion in June

Last Updated: Wednesday, July 15, 2015, 19:15

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.

China wants to combine 'Make in India' with 'Made in China'

Last Updated: Thursday, July 2, 2015, 11:59

China said it is making "every effort" to address India's concerns on USD 47 billion trade deficit as it called for combining Prime Minister Narendra Modi's 'Make in India' initiative with its 'Made in China' to step up investments.

Steps to arrest decline in exports should be taken: FIEO

Last Updated: Wednesday, June 17, 2015, 17:06

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.

'Removal of benefits in foreign trade policy to hit exports'

Last Updated: Tuesday, June 16, 2015, 20:54

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.

Trade deficit narrows to 3-month low

Last Updated: Tuesday, June 16, 2015, 13:58

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.

Exports dip 20.19% in May; down 6th month in a row

Last Updated: Tuesday, June 16, 2015, 11:44

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.