Exports may fall to USD 155 bn in 2009-10: FIEO

India`s exports may fall to USD 150-155 billion in 2009-10 from USD 168 billion in the previous fiscal and the declining trend could be reversed from January, president of FIEO A Sakthivel said on Friday.

China economic data surprises on upside; policy intact

Chinese industrial output, investment and credit growth accelerated in August, suggesting the economic recovery is on a solid course, but Beijing is unlikely to hit the policy brakes too hard to avoid derailing it.

Exports stay downhill; traders pin hopes on Christmas

India`s exports contracted for
the eleventh month in a row in August by 19.7 per cent on a
yearly basis, but exporters are pinning hopes on Christmas
orders from markets in the West.

Exports drop 28.4%; demand seen returning next year

India`s exports dropped 28.4 percent in July, the tenth straight month to record a fall, even as the Planning Commission saw a recovery next year when demand returns in rich nations.

Venezuela will continue oil exports to US: Chavez

Venezuelan President Hugo Chavez said that Caracas will continue exporting oil to the United States because it is in the interest of his country.

Tax sops in FTP to cost exchequer extra Rs 2,200 crore

Tax concessions to exporters announced in the new Foreign Trade Policy will cost the exchequer an extra Rs 2,200 crore.

India`s jewellery exports regain sheen in July

India`s gems and jewellery exports, which lost a lot of glitter due to recession in the developed world, are regaining shine with July dispatches showing a rise over June.

Need to look at newer markets for exports: Scindia

India needs to look at newer markets, including West Asia and South Africa, for exports apart from the three primary markets of the EU, the US and Japan, MoS for Commerce and Industry Jyotiraditya Scindia said on Wednesday.

Exports to revive by year-end: FICCI

Though signs of an economic turnaround were starting to appear, a complete recovery for India`s crisis-stricken exports sector would happen only by the year-end, according to an industry survey.

Early signs of recovery in exports: Finance Ministry official

Impacted by the global turmoil, exports fell for the nine month in a row in June, but there are early signs of recovery in overseas sales, which could register growth from September onwards, a Finance Ministry official said.

Exports remain downhill; dip by 26.2% in July

India`s exports stayed downhill for the tenth month in a row as estimates for July showed a decline of 26.2 per cent to USD 13.6 billion due to a slump in
global demand.

Exports Promotion Council plans strategy to boost handicrafts sector

The Exports Promotion Council for Handicrafts (EPCH)is looking at newer markets and capacity development to boost demand amidst the slowdown.

Govt releases $53.5 mn to upgrade textile industry

India has released USD 53.5 mn of subsidies to textile firms to upgrade their technology.

This was disclosed by Union Textiles Minister Dayanidhi Maran while addressing a press conference here on Thursday.

Sharma to take up exporters` demand on taxes refund

Commerce and Industry Minister
Anand Sharma may discuss the demands of exporters like setting up of an inter-ministerial grievance cell and refund of state indirect taxes with noted industrialists next week.

India`s exports decline by 27.7% in June

India`s exports declined by 27.7
percent in June over the same month last year, contracting
for the ninth month in a row, as overseas shipments were
hit by a slowdown in major global markets like the US and

SEZ exports may touch Rs 1 lakh crore this fiscal

Exports from special economic
zones are likely to grow by about 10 percent to Rs 1,10,000
crore in 2009-10 financial year, Parliament was told on Wednesday.