Weak oil prices may hit remittances from Gulf nations: Crisil

Weak oil prices may hit remittances from Gulf nations: Crisil

Continuing weakness in oil prices may impact remittances from Gulf countries into India, a report by domestic ratings agency Crisil said.

17 out of 30 sectors in negative zone in March in terms of exports

17 out of 30 sectors in negative zone in March in terms of exports

Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negative zone in March due to a fall in global commodity prices amid tepid demand.

India's exports unlikely to improve in a hurry, says DBS

India's exports unlikely to improve in a hurry, says DBS

India's exports shrank 16 percent in 2015-16, and going ahead, it is unlikely to improve in a hurry due to its close correlation with global imports, a DBS report says.

Govt to take steps to expedite clearances for exports, imports

Concerned over procedural delays in exports and imports, the government has decided to initiate a joint exercise by officials from the ministries of finance and shipping for expediting the clearance process.

Bulk drug exports to grow 12-14% till 2018-19: Assocham

India's bulk drug exports are likely to grow at an average rate of 12-14 percent till 2018-19 on the back of increasing shipments to countries including the US and Europe, an Assocham study said on Monday.

Gold imports contract 29.5% to $1.39 bn in February

Gold imports contract 29.5% to $1.39 bn in February

After a sharp rise in January, gold imports in February declined 29.49 percent to USD 1.39 billion, which is expected to keep a lid on the country's current account deficit (CAD).

Exchange rate not impacting exports: Rajan

Exchange rate not impacting exports: Rajan

Brushing aside the contention that exchange rate is impacting exports, RBI Governor Raghuram Rajan today said the shipments can only be increased by raising productivity, improving infrastructure and simplifying regulations, which is in the domain of the government

China February exports down 25.4%, worst fall since May 2009

China February exports down 25.4%, worst fall since May 2009

Exports fell 25.4 percent from a year earlier, twice as much as markets had feared as demand skidded in all of China`s major markets, while imports slumped 13.8 percent, the 16th straight month of decline.

Economy growing at over 7% despite export ordeal: Nirmala

The country's economy is growing at over 7 percent despite the weakness in exports sector, Commerce and Industries?Minister Nirmala Sitharaman said Tuesday.

Exports may end up at $260 billion in FY16: FIEO

As exports fell for the 14th month in a row, exporters said the country may end up with outbound shipments of USD 260 billion in 2015-16, sharply lower than the USD 310.5 billion mark achieved in the previous fiscal.

Gold imports up 85% to nearly $3 billion in January

Gold imports up 85% to nearly $3 billion in January

Driven by dip in global prices, India's gold imports increased by 85.16 percent to USD 2.91 billion last month.

Exports shrink for 14th straight month, down 13.6% in January to $21 bn

Exports shrink for 14th straight month, down 13.6% in January to $21 bn

India's exports contracted 13.6 percent in January - 14th month in a row - to USD 21 billion due to a steep fall in shipment of petroleum products and engineering goods amid tepid global demand.

Govt approves first-ever policy for capital goods sector

Govt approves first-ever policy for capital goods sector

The policy envisages increasing exports to 40 percent of production, from the current 27 percent, while increasing the share of domestic production in India's demand to 80 percent from 60 percent, potentially making India a net exporter of capital goods.

China exports, imports slump in January: Customs

China exports, imports slump in January: Customs

Chinese trade slumped in January, authorities said today, as both exports and imports tumbled with feeble domestic and global demand dragging on the world's second-largest economy.

Govt reaches out to exporters on inputs to push shipments

Govt reaches out to exporters on inputs to push shipments

The Commerce Ministry Tuesday asked exporters to come up with specific suggestions which could be taken up with various ministries, including Finance, to improve ease of doing business and boost waning exports.

Mega trade pact TPP to certainly impact exports: Nirmala

Mega trade agreement TPP will certainly have an impact on India's exports in sectors such as pharmaceuticals, textiles and chemicals, Commerce and Industry Minister Nirmala Sitharaman said today.

CommMin pushes for service tax exemption for exports in Budget

To boost waning exports, the Commerce Ministry has suggested that exporters be exempted from payment of service tax in the upcoming Budget.

Germany trims 2016 growth forecast as foreign trade drags

Germany trims 2016 growth forecast as foreign trade drags

Germany has lowered its growth forecast for 2016 in the face of an emerging market slowdown that is dampening exports, leaving domestic demand as the sole pillar of support for Europe`s biggest economy this year.

US to 'look at' export controls to help Indian firms: Barack Obama

US to 'look at' export controls to help Indian firms: Barack Obama

President Barack Obama Sunday promised to "look at" export controls to make sure Indian firms have the same access to American technologies as "closest allies" and expressed the hope that the new year will see deals for the US companies to build new reactors in India.

Exports contract for 13th consecutive month; dips 15% in December

Exports contract for 13th consecutive month; dips 15% in December

India's exports contracted for the 13th month in a row, dipping about 15 percent in December to USD 22.2 billion due to steep decline in engineering and petroleum shipments.