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FY15 trade deficit likely at $153 bn; CAD at $46.7 bn: Citigroup

Last Updated: Sunday, April 13, 2014, 12:10

The current account deficit (CAD) is the difference between outflow and inflow of foreign exchange.

Industry groups seek favourable trade policy to boost exports

Last Updated: Friday, April 11, 2014, 21:03

Attributing the drop of exports in March to various factors, including appreciation of the rupee, industry bodies asked the government to come out with a foreign trade policy that facilitates outbound shipments.

Recovery hopes fade as factory output, exports contract

Last Updated: Friday, April 11, 2014, 21:01

Dashing hopes of recovery, the factory output declined by 1.9 percent in February while exports dipped by 3.15 percent in March, prompting the industry to demand an immediate rate cut by the Reserve Bank to boost the economy.

Exports dip 3.15% in March, annual trade deficit improves

Last Updated: Friday, April 11, 2014, 19:04

India's exports grew 3.98 percent to USD 312.35 billion in 2013-14, while imports dipped 8.11 percent to USD 450.94 billion, narrowing the trade deficit to USD 138.59 billion, according to data from the Ministry of Commerce and Industry.

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.

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Last Updated: Friday, April 11, 2014, 14:39

In March, the imports of the precious metals were down by 17.27 percent to USD 27.58 billion from USD 33.33 billion in the same month previous year.

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.

Indian exports will fall short of $325 billion target: Sharma

Last Updated: Tuesday, March 25, 2014, 16:49

For the April-February period, the country's merchandise exports were up 4.79 percent to USD 282.7 billion.

India seeks more Chinese investment to bridge trade deficit

Last Updated: Monday, March 24, 2014, 18:32

India on Monday sought to increase Chinese investments into the country, especially from China's largest business hub Shanghai, to bridge the ballooning USD 35 billion trade deficit.

Japan trade deficit expands to $7.9 bn in February

Last Updated: Wednesday, March 19, 2014, 23:02

Japan`s trade deficit expanded 3.5 percent year-on-year to USD 7.9 billion in February, inflated by post-Fukushima energy bills and a jump in electronics parts imports, government data showed on Wednesday.

Growing trade imbalance cause of concern: Montek to China

Last Updated: Tuesday, March 18, 2014, 19:49

India Tuesday raised its concerns to China over "unsustainable" trade deficit of USD 35 billion per year as their top planners worked out strategies to join hands in upgrading Indian railway tracks to operate high-speed trains.

Export dip to continue on new EU norm: SBI Research

Last Updated: Tuesday, March 11, 2014, 22:25

Decline in exports, as witnessed in February for first time in eight months, is expected to continue for more time as the European Union has withdrawn preferential treatment to merchandise shipments from India, a State Bank Research report said Tuesday.