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Exports cross $300 billion target, trade deficit zooms to $185 billion

Last Updated: Tuesday, May 01, 2012, 12:36

India's exports surpassed the target of USD 300 billion for 2011-12 despite problems in Europe and the US that led to decline in shipments by 5.71 percent in March and spurt in trade deficit to all time high of USD 185 billion in the last fiscal.

India's trade gap widens to record high at $184.9 billion

Last Updated: Thursday, April 19, 2012, 13:03

India's merchandise exports rose 21 percent from the previous year to USD 303.7 billion, a tad higher than the targeted USD 300 billion, Khullar said at a news conference.

Aussie biz need cost cuts; India, China seek new import sources

Last Updated: Tuesday, April 10, 2012, 11:08

Australian Trade Minister Craig Emerson on Tuesday suggested slashing of costs for Australian businesses to help them compete globally, as a new report said that nations like China and India are looking for alternative suppliers within Asia for imports.

CIL may import 10 MT coal in FY' 13 to meet power firms needs

Last Updated: Sunday, April 08, 2012, 14:18

Coal India may import 10 million tonnes of coal this fiscal to meet the obligation of supplying a minimum assured quantity of fuel to power companies under the Presidential directive, its CMD-designate S Narsing Rao said on Sunday.

Exports up 4.3% in Feb, imports grow by 20.6%

Last Updated: Friday, March 09, 2012, 12:37

Exports grew by 4.3 percent year-on-year to USD 24.6 billion, while imports increased by 20.6 percent in February, Commerce Secretary Rahul Khullar said on Friday.

Exports grow 10.1% in Jan to $25.34 billion

Last Updated: Thursday, March 01, 2012, 13:00

India's exports grew by 10.1 percent year-on-year in January to USD 25.34 billion despite weak demand in the Western markets, reversing a declining trend shown since the peak of July 2011.

Exports grow 10.1% in Jan; Comm Secy warns of difficult FY'13

Last Updated: Thursday, February 09, 2012, 11:43

Exports grew by 10.1 percent year-on-year to USD 25.4 billion, while imports increased by 20.3 percent in January, Commerce Secretary Rahul Khullar on Thursday said.

Exports grow 6.7% to $25 billion in December

Last Updated: Wednesday, February 01, 2012, 11:30

Exports grew by merely 6.7 percent to USD 25 billion in December 2011 compared to the same month last year due to demand slowdown in the western markets of the US and Europe.

Nov exports rise 3.9% at $22.3 bln y/y

Last Updated: Monday, January 02, 2012, 14:30

India's November exports rose an annual 3.87 percent to USD22.3 billion, while imports for the month rose 24.55 percent to USD35.9 billion, the government said in a statement on Monday.

Exports up 33% to $192.7 billion in Apr-Nov

Last Updated: Friday, December 09, 2011, 14:11

India's exports grew by 33.2 percent to USD 192.7 billion in the April-November period of the 2011-12 financial year, Commerce Secretary Rahul Khullar said Friday.

Europe crisis hits Indian exports; growth lowest in 2 years

Last Updated: Tuesday, November 08, 2011, 16:25

The Eurozone crisis has begun biting Indian exports which grew year-on-year by 10.8 percent to USD 19.9 billion in October, the lowest in the last two years, according to preliminary data released Tuesday.

India's exports up 44.2% in August, imports grow by 41.8%

Last Updated: Monday, October 03, 2011, 12:14

India's exports maintained their growth momentum in August, 2011, rising by 44.2 percent year-on-year to USD 24.3 billion despite the economic woes in traditional Western markets, according to data released by the Commerce Ministry Monday.