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Trade deficit hits 5-month high of $10.51 bn in March

Last Updated: Friday, April 11, 2014, 17:25

India`s trade deficit hit a five-month high in March as merchandise exports fell for a second straight month, making it tougher for policymakers to lift curbs on gold imports that have helped to narrow the country`s current account gap.

Exports up 3.98% at $312.35 billion in 2013-14

Last Updated: Friday, April 11, 2014, 13:48

India's exports grew by 3.98 percent to USD 312.35 billion in FY 2013-14 while imports dipped by 8.11 percent during the period.

'India to miss exports target of $325 bn in current fiscal'

Last Updated: Wednesday, March 12, 2014, 18:33

Attributing the fall in February exports to decline in outbound shipments of gems & jewellery and petroleum, Director General of Foreign Trade Anup Pujari Wednesday said India will not be able to achieve the exports target of USD 325 billion in the current fiscal.

India likely to miss exports target of $325 bn: Industry

Last Updated: Tuesday, March 11, 2014, 17:27

Expressing concern on the decline in exports, India Inc Tuesday said the country is likely to miss the exports target of USD 325 billion in the current fiscal.

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.

Steel sector may witness temporary over-supply: Verma

Last Updated: Friday, March 07, 2014, 19:21

With around 50 percent capacity increase in the offing, India's steel industry is likely to face a temporary over-supply situation, SAIL Chairman C S Verma said.

India not to achieve $325 bn export target this fiscal: FIEO

Last Updated: Wednesday, March 05, 2014, 13:39

India's exports will not be able to achieve the target of USD 325 billion in the current fiscal and will fall short by about USD 10 billion, FIEO on Wednesday said.

Pakistan seeks level playing field for exports to India

Last Updated: Thursday, February 27, 2014, 18:31

Pakistan Thursday sought "meaningful market access" and a level playing field for its exports to India, saying "all stakeholders" had been taken into confidence on the need for better bilateral trade relations.

Export grow 3.79% in Jan; trade deficit shrinks to $9.92 billion

Last Updated: Tuesday, February 11, 2014, 18:03

The deficit was USD 18.9 billion in January, 2013.

Exports lead India growth revival in 2013

Last Updated: Sunday, December 29, 2013, 21:17

Indian shipments logged double-digit growth in the second half of 2013, lowering substantially the current account deficit, a big worry for the Indian policymakers, and boosted hopes of revival in the economy.

Exports weather global slowdown, to do better in 2014

Last Updated: Sunday, December 22, 2013, 12:57

The country's merchandise shipments, which were mostly in negative zone during the first half due to the global slowdown, started posting healthy growth during second half.