close
This ad will auto close in 10 seconds

India's merchandise exports slide as commodity prices dip

India's merchandise exports will be between USD 265-268 billion in 2015-16, significantly lower than USD 310.5 billion in the previous fiscal, stung by the sharp erosion in commodity prices globally, according to Assocham.

Devaluation of yuan to impact handicraft export: EPCH

Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan.

Response to deal with yuan devaluation impact soon: FinMin

Mehrishi pushed for RBI cutting interest rate to encourage manufacturing and boost exports, arguing risks are not much as inflation is low.

Indian exports may face adverse prospects in TPP markets

The Trans-Pacific Partnership (TPP) impact on India and South Asia will be much more than the short-term tariff-preference erosions for the region's exports, a senior researcher at Singapore?s Institute of South Asian Studies (ISAS) says.

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."

Services exports fall 4.5% to $13.01 bn in Apr

Services export in 2014-15 fiscal stood at USD 167.01 billion, down 4 percent from the year-ago period while imports were at USD 88.19 billion, up 3.8 percent from 2013-14 fiscal.

Good demand for Indian spices; export touch $2,432.85 mn

In 2014-15, chilli, cumin, turmeric, coriander and ginger accounted for more than 70 percent of the total volume of spice export whereas mint, chilli, spice oils & oleoresins, cumin and pepper accounted for around 70 percent of the total export earnings.

Exports may remain flat at $310 bn in FY16: Assocham

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

Exports decline 14% in April; 5th straight month of contraction

Raising fresh concerns about economic growth, India's exports contracted by about 14 percent in April to USD 22 billion due to a sharp dip in petroleum, gems and jewelery shipments, registering decline for the fifth straight month.

Exports contracts 14% in Apr to $22 bn

The slump in exports is mainly due to global slowdown, dip in crude oil prices and rupee appreciation.

Export infra on mind, Commerce Ministry seeks Rs 300 cr from Finance Ministry

Port infrastructure needs to be modernised to reduce transaction costs and boost shipments.

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.

Modi for impetus to exports, promotion councils for states

The states will soon be allowed to form their own Export Promotion Councils, Prime Minister Narendra Modi said on Saturday as he underscored the need for the Centre and states to work in tandem to give a fresh thrust to exports.

Exports likely to grow further on global demand, budget push

Buoyed by the double digit growth in outbound shipments in June, exporters today said the momentum was likely to continue in the coming months on the back of higher demand helped by an uptick in global economies and measures announced in the Union Budget.

Mining ban hurting economy, exports: Sharma

But for the ban on mining, he said, India could have earned by exporting around 100 million tonnes of iron ore.

'Indian exports to US face demurrage threat due to shutdown'

Indian exports to the US face the demurrage threat due to shutdown in the world's largest economy, engineering exporters' body EEPC India said on Tuesday.

'Indian exports to US face demurrage threat due to shutdown'

Engineering exports are close to 20 percent of the total export basket of the country.

Shutdown of US government to hit Indian exports: Industry

"The shutdown of the US government will certainly hit Indian exports because of crippling of the trade facilities at the ports and airports," Assocham President Rana Kapoor said.

Poor infra, complex procedures hurting exports: PHDCCI

Majority of respondents termed poor infrastructure and complex procedures as lead cause of falling exports, the survey said.

India's exports to Iran to touch $6 bn in 2013-14: FIEO

The value of Indian exports to Iran is expected to touch USD 6 billion in 2013-14 from the present USD 4.5 billion, according to apex exporters body FIEO.