While the Indian rupee can act as an enabler for export revival, it is unlikely to be a primary driver, says the ratings agency   India Ratings and Research (Ind-Ra) says the country's export performance is likely to stay weak in FY2017 as global economies face headwinds to their...

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India's merchandise exports fell for the 13th straight month in December and were valued at $22.29 billion against $26.15 billion in the like month in the previous year, as per official trade data released on Monday.   Imports also fell during the month by 3.88 percent to $33.96...

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The Make in India campaign would have increased India's defence exports over the past six to eight months, Defence Minister Manohar Parrikar said on Monday.   Parrikar was speaking to reporters here during a two-day visit to the state.   "Actual export figures will come after...

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It is time that some major relief provisions are made in the ensuing Budget for the sugar industry, which is in the doldrums for long   At long last, after months of delay, the Cabinet Committee on Economic Affairs (CCEA) has approved the extension of subsidy for raw sugar export to...

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Apart from regular trade and industry, one area that businessmen from both nations can actively take part covers the gem and jewellery trade.  Sri Lanka is known for its gems while India is already an established leader in manufacture and export of gold jewellery   In his first...

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Both the iron ore mining and steel industries are at cross roads. It is hoped that the Union Budget will provide the much needed relief to both industries   For months now, the iron ore exporters have been seeking help from the Indian government to assist them in reviving mining...

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During the visit by Sri Lanka’s new President Sirisena, India must ensure that it enjoys the most favoured treatment, by keeping the Chinese dragon, preferred by former President Rajapakse, at bay!   Sri Lanka’s newly elected President Maithripala Sirisena is expected to visit India...

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The change in the leadership of Sri Lanka and the openness shown by PM Modi, trade and friendly relations can be given a big boost. Sri Lanka gives a great opportunity and scope for Indian companies to offer their products and services, particularly in northern part of the...

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India and Bhutan also agreed that they will not allow each other’s territory to be used for interests inimical to the other The Indian government on Monday announced that the country will exempt Bhutan from any ban or quantitative restrictions on export of items like milk powder, meat,...

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Indo-Sri Lankan bilateral trade has the definite potential to reach $10 billion in the next few years, if efforts are made by both sides, considering the existence of free trade agreement signed way back in 2000 Sri Lanka, our southern neighbour, occupies a close, strategic and religious...

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The crisis in Ukraine may give India an opportunity to export more wheat, provided we ship out more, as our central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs Despite the US and European threats and entreaties, Russia went ahead supporting the...

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China is breathing down our necks in Myanmar, all because we have so far neglected to take serious interest in this country We are neighbours, and have a 1,640 kms long border with Myanmar along with our Eastern states, with Mizoram being the closest to them. As against this, Pakistan...

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The main reason for the decline in imports and trade deficit was dip in gold and silver imports, Director General of Foreign Trade (DGFT) Anup Pujari said India's exports contracted by 4.6%, for the second consecutive month, to $23.79 billion in June 2013 compared to that in the year-ago...

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India's trade deficit worsened sharply in May, after improving in March due to seasonality. This likely explains why the rupee has been weak despite large portfolio inflows, says Nomura   After a sharp improvement in March, India's trade deficit worsened in April and much more sharply...

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During the April-June quarter, exports shrunk 1.7% to $75.2 billion while imports also dipped 6.1% to $115.26 billion from same period last year New Delhi: India's exports contracted by 5.45%, year-on-year basis, to $25.07 billion in June due to the persisting global economic slowdown,...

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Imports too dipped by (-)7.36% in May to $41.94 billion, leaving a trade deficit of $16.26 billion   New Delhi: India’s exports declined by 4.16% year-on-year in May 2012 to $25.68.billion, mainly due to demand slowdown in the western markets. In May 2011, the exports stood at...

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According to SBI chairman there is a need for more equity investment in the country and enhancing capabilities for raising exports   Bhopal: State Bank of India (SBI) chairman Pratip Choudhary has emphasised the need for enhancing equity and foreign investment in the country, besides...

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The interest rate charged on the ECR facility is equivalent to the repo rate, which is currently 8%. The move of the RBI would provide some kind of leeway to the bank to borrow up Rs30,000 crore   Mumbai: The Reserve Bank of India on Monday decided to enhance the Export Credit...

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Delhi-based Toxic Links, a key campaigner for sound management of E-waste said without monitoring and or evaluation mechanisms in place, nothing is going to change in the coming days Managing electronic waste, (E-waste) such as old computers, CDs, television sets, mobiles, etc, is the...

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India would be able to sustain 20% export growth in the current fiscal and to encourage exports the government had announced an interest subvention scheme which would give 2% interest subsidy to handlooms, handicrafts, carpets and SME sector   New Delhi: Amid global economic problems,...

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