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Exports hit demand barrier in April, imports remain muted
India’s trade deficit remained stagnant at about $13 billion in April, compared to the year-ago period, after touching a record high of $185 billion, or 10 per cent of the gross domestic product (GDP), in 2011-12. If this trend persists, the current account deficit, which had touched four per cent of GDP in the first nine months of the previous financial year, may be narrowed. Exports rose just

Exporters with high import content to be hit

The Reserve Bank of India’s directive to exporters to reduce foreign currency holdings may help prop the rupee in the short term. However, it would hit exporters with high import content and

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RPT-Payment issues hinder Iranian buying team in India
story issued late on Monday)

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Payment issues hinder Iranian delegation in India

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Gold customs duty rise may reduce investment demand

Gold imports are expected to have touched $60 billion in the previous financial year, justifying the government's move to raise customs duty to four per cent, as high gold and oil imports led to the

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FY12 exports up 21% at $303.7 bn trade deficit at record $184.9 bn

Merchandise exports reached $303.7 billion in 2011-12, a rise of 21 per cent over $251.1 billion in 2010-11, while imports stood at $488.6 billion, rising 32.1 per cent compared with $369.8 billion

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Pranab holds pre-Budget consul...
Pranab holds pre-Budget consultations with industrialists

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