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Exemption on export products should continue under GST: FIEO

Exporters body FIEO on Thursday said under the Goods and Services Tax (GST) regime, exemption on final export products should continue to promote overseas shipments.

Exports: 17 out of 30 sectors decline in January

Exports: 17 out of 30 sectors decline in January

Exports of over half of the sectors, out of the 30 closely monitored by the Commerce Ministry, were in the negative zone in January due to a fall in global prices and demand.


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.

Interest subsidy scheme to boost shipments: Exporters

Government's decision to extend the interest subsidy scheme for five years will help in controlling dip in exports and increasing competitiveness of domestic products in the global market.


Declining exports: ComMin to hold exporters meet on Oct 7

Worried over continued decline in exports, the Commerce Ministry will hold a meeting of exporters on October 7 to discuss ways to contain the dip in the outbound shipments.

Exports of 10 key agricultural products in negative zone in July

Cereals, oil meals, oil seeds, fruits and vegetables, marine products, dairy and poultry products too recorded negative growth during the month, according to the Commerce Ministry.

Decline in exports "pulled down" GDP growth by 3%: FIEO

Exporters body FIEO on Thursday said the decline in outbound shipments has "pulled down" India's GDP growth in the April-June quarter by over 3 percent.

India's exports to be hit by yuan devaluation: FIEO

"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese exports.

China yuan devaluation to hit India's exports: FIEO

India's exports will be hit and the trade deficit might widen after the devaluation of Chinese currency yuan by 2 percent, which is bound to raise the competitiveness of outbound shipments from the neighbouring country, exporters' body FIEO said Tuesday.

FM assures on-time payment of tax refund to exporters

Finance Minister Arun Jaitley Monday assured exporters of timely payment of tax refund and promised steps to boost shipments, exporters body FIEO said.

Exports losing steam, may lead to job losses: FIEO

"If exports continue to move in the negative territory, it will sooner or later put pressure on CAD (current account deficit) and may derail the rebuilding of economy."

Steps to arrest decline in exports should be taken: FIEO

Steps to arrest decline in exports should be taken: FIEO

While expressing concern on sharp decline in India's export for May 2015, FIEO Southern Region Chairman, A Shaktivel said that continuous decline in export need to be arrested at any cost.

Govt restricts free export of goods for promotion activities

The government Thursday restricted free outbound shipments of goods by large exporters for export promotion activities to Rs 10 lakh.

Duty refund claims touch Rs 6,423 cr; impacting exports: FIEO

The government should expeditiously clear Rs 6,423 crore of duty refund claims as the mounting arrears are hurting shipments, exporters have demanded.

Strong India rupee stings Modi's export ambitions,

Ajit Lakha, who runs a mid-sized garment export business in the north Indian textile hub of Ludhiana, prays daily before leaving for work that the rupee will weaken and the euro recover to cut the losses he is taking on his overseas sales.

Exports likely to remain below $300 bn in FY16: FIEO

The country's exports in 2014-15 fiscal stood at USD 310.5 billion. India had set a target of USD 340 billion for 2014-15.

'Global slowdown hits Indian exports'

Persistent slowdown in global markets has hit Indian exports which fell sharply by 21 percent in March, the industry said Friday.

India may fall way short of 2014-15 exports target

India is likely to miss the exports target of USD 340 billion set for 2014-15, falling short of the mark by almost 8 percent at around USD 314 billion, a top official said.

'No Board of Trade meeting before FTP'

"There will be no such meeting this time. All the work is over for the FTP. The ministry has consulted all the stakeholders for the policy," a senior official told PTI.

'Direct FTP export incentives to 3 nations for better results'

Incentives in the new foreign trade policy (FTP), to be unveiled by month-end or first week of April, should focus on only three nations for boosting exports, traders body FIEO said today.