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May 21, 2013
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exports
Weaker yen fuels economic optimism in Japan
The Japanese government Monday revised upward its evaluation of the economy given the weakness of the yen, which is helping to push exports and encouraging companies to increase production.
'Govt can get Rs 25K cr by export of 17MT wheat lying in open'
The government could garner over Rs 25,000 crore by just exporting 17 million tonnes of wheat that are lying in open storage facilities of FCI, an Assocham study said.
India's cotton exports may drop by 34% in 2012-13: USDA
In its latest report, the US Department of Agriculture (USDA) said that it has upped India's cotton exports forecast to 9.2 million bales from 7.2 million bales for 2012-13 marketing year.
Exports may grow by 10% in FY14 as US market improving: Com Secy
India's exports are likely to register a growth of at least 10 percent in the current financial year on account of improving demand situation in major developed markets like the US.
'US natural gas exports to India, a 'win-win' proposition'
"As shale gas has become economically viable to produce, the US has emerged as one of the world's most important gas producing countries," Indian Ambassador to the US Nirupama Rao said, while speaking at the American Enterprise Institute (AEI), a Washington-based think-tank.
Govt sets $325 billion exports target for 2013-14
The government has set an export target of USD 325 billion for the current financial year on the back of slowdown in the global markets, Parliament was informed on Wednesday.
China's foreign trade jumps by 15.7%, beats expectations
Surpassing expectations and proving scepticism unfounded, China's foreign trade volume grew by 15.7 percent year-on-year in April, higher than the 12.1 percent increase in March.
Gems, jewellery exports may rise up to 15% in FY14: GJEPC
In FY13, the overall gems and jewellery exports marginally rose to Rs 2,12,638.89 crore compared to Rs 2,06,080.09 crore in FY12.
Govt may reduce export price of FCI wheat: Thomas
Amid poor response from private traders for wheat export bids, Food Minister K V Thomas on Tuesday said the government may consider reducing the benchmark price of the grain to make exports viable and clear surplus stocks.
Textiles export at $28.4 bn in Apr-Feb, below FY'13 target
India's textiles exports were USD 28.4 billion during the April-February period, way below the target for 2012-13 fiscal that ended on March 31.
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