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Trade deficit falls to $12.2 bn in June; exports down 4.56%

Last Updated: Friday, July 12, 2013, 14:59

Subdued import of gold and silver pulled down the trade deficit in June to USD 12.2 billion despite 4.56 percent contraction in exports during the month.

Indian, Chinese officials hold talks to address trade deficit

Last Updated: Wednesday, May 29, 2013, 19:59

Top Indian and Chinese commerce officials held talks to take steps to reduce India's ballooning trade deficit with China and discuss follow up actions needed to broaden market access for Indian products here.

Govt sets $325 billion exports target for 2013-14

Last Updated: Wednesday, May 08, 2013, 14:26

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.

Foreign Trade Policy: Key Highlights

Last Updated: Thursday, April 18, 2013, 14:58

Following are the highlights of the annual supplement to Foreign Trade Policy announced by Commerce, Industry and Textiles Minister Anand Sharma.

Exports in FY'13 unlikely to touch last year's level: Sharma

Last Updated: Friday, March 22, 2013, 13:29

The trade deficit was USD 182 billion in the first 11 months of this fiscal.

India 19th largest exporter in world: Govt

Last Updated: Friday, February 22, 2013, 15:02

India is the 19th largest exporter with a share of 1.7 percent in the worldwide merchandise trade, Parliament was informed on Friday.

Exports to miss target; may touch $300 billion this fiscal: Sharma

Last Updated: Wednesday, February 20, 2013, 19:36

Exports in all probability will miss the target and settle at USD 300 billion in 2012-13 because of slowdown in demand in traditional markets, Commerce and Industry Minister Anand Sharma said here on Wednesday.

January export growth will help narrow trade gap: Anand Sharma

Last Updated: Wednesday, February 13, 2013, 14:07

During the April-January period of the current fiscal, the country's overseas shipments shrunk by 4.86 percent to USD 239.6 billion.

Exports rise after 8 months, trade deficit still second highest ever

Last Updated: Wednesday, February 13, 2013, 12:03

The trade deficit, which is the difference between imports and exports, however, continued to be cause of concern. It soared to a three-month high of USD 20 billion.

Exports dip 1.9% in Dec, hopes of improvement in Jan-Mar remain

Last Updated: Friday, January 11, 2013, 14:50

The decline, however, is lower compared to November last year when the shipments had declined by 4.17 percent, raising hopes of further improvement during the last quarter of the fiscal.

India, South Korea jog towards $40 billion trade target

Last Updated: Saturday, November 03, 2012, 10:26

India and South Korea expressed their determination to achieve a trade target of USD 40 billion by 2015 during a two-day visit of Indian Finance Minister P. Chidambaram who invited the South Korean businesses and industries to invest more in the Indian market, particularly in infrastructure.

India-Taiwan bilateral trade could touch $10 billion in 3-4 years

Last Updated: Wednesday, October 31, 2012, 17:17

In 2011, the two-way trade between the two countries stood at USD 7.4 billion.