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Indian exports will fall short of $325 billion target: Sharma

Last Updated: Tuesday, March 25, 2014, 16:49

For the April-February period, the country's merchandise exports were up 4.79 percent to USD 282.7 billion.

Beijing to end anti-dumping wine probe after European 'deal'

Last Updated: Friday, March 21, 2014, 22:21

Beijing will end an anti-dumping inquiry into wine imports from the European Union, China's commerce ministry said on Friday , after what it said was a deal between producers.

Curbs on gold import norms leading to smuggling: Sharma

Last Updated: Friday, March 21, 2014, 14:59

Commerce and Industry Minister Anand Sharma has favoured a review of curbs on gold import norms saying the restrictions are leading to smuggling.

More banks importing gold can bring down prices: Chakrabarty

Last Updated: Thursday, March 20, 2014, 18:50

According to sources, RBI has permitted Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank to import gold.

Coal imports jump 20% in Feb as prices dip

Last Updated: Thursday, March 13, 2014, 18:03

Coal imports in the 11 months to end-February rose 15 percent to 143.5 million tonnes.

Gems and jewellery exports dip 4% to $3.59 bn in Feb

Last Updated: Thursday, March 13, 2014, 17:33

Declining for the fourth month in a row, gems and jewellery exports in February fell by 4.15 percent to USD 3.59 billion due to sluggish demand in key markets such as the US and Europe.

Gold price extends gains to 4-1/2 month high on safe-haven demand

Last Updated: Wednesday, March 12, 2014, 10:25

Gold price gained 0.6 percent to USD 1,357.11 an ounce after earlier hitting USD 1,359.25 - its highest since October 29.

CAD to narrow to 6-yr low of 2% in FY14: Crisil

Last Updated: Tuesday, March 11, 2014, 21:49

India's current account deficit (CAD) was likely to narrow to a 6-year low of 2 percent of GDP this fiscal, but may expand to 2.7 percent in FY15 as the imports pick up, ratings agency Crisil today said.

US asks India not to increase Iran oil imports till mid-2014

Last Updated: Tuesday, March 11, 2014, 21:43

The US has asked India not to increase crude oil imports from Iran until the middle of 2014 as it tests Tehran's resolve to cooperate with world powers on its controversial nuclear programme.

Gold, silver imports dip 71.42%

Last Updated: Tuesday, March 11, 2014, 14:25

Gold and silver imports dipped 71.42 percent to USD 1.63 billion in February from year earlier.

Exports shrink first time in 8 months; trade deficit narrows

Last Updated: Tuesday, March 11, 2014, 13:18

The trade deficit in February, as per data released by the government today, narrowed to USD 8.13 billion, the lowest level in five months.

China reports first trade deficit in 11 months

Last Updated: Saturday, March 08, 2014, 14:23

China reported a large trade deficit in February mainly due to distortion by the Chinese New Year holidays, marking the first deficit since April 2013.