'Govt reviewing FTAs, will try to address issues'

Terming rupee hitting life-time low of 59.93 vs dollar as "bad news" for the economy, exporters today said it will not only raise imports bill but would also lead to volatility affecting their business. Besides, global buyers are putting pressure on exporters ...

India plans to increase its trade transactions with Iran in the current year, Director General of the Federation of Indian Exports Organization Ajay

Expressing concern on the adverse impact it would have on the rising current account deficit, members of India Inc said that they would wait and watch to see the average quarter-on-quarter value of the rupee before commenting specifically on the ...

With rupee touching a of 57.77 against dollar, global buyers are putting pressure on exporters to offer discounts between 10 per cent and 15 per cent. The Federation of Indian Export Organisations (FIEO) said the continuous fall in the domestic currency would not help exporters much as international buyers are asking for discounts. "Global buyers are putting pressure for more and more discounts. They are asking for about 10-15 per cent. They want to re-negotiate the deals," Director-General of ...

New Delhi, June 10: Chief economic adviser Raghuram Rajan today said the weakness in the rupee could be temporary. "India has a large current account deficit (CAD), and currencies of emerging markets (with) large CAD have depreciated more. This ...

Source: IRIS (03-JUN-13) Comments | Post Comment A true reflection of the exponential growth in bilateral trade of the two countries, from just USD 7.6 billion in 2003, to USD 66 billion last year, with China emerging as one of India's largest trade ...

India's imports marginally rose by 0.3% to $491 billion in 2012-13 from $489.3 billion in the previous year, driven by petroleum products, edible oils along with still elevated demand of gold. However, decline in precious pearls & stones, besides ...

Petroleum products remained the largest item in India's export basket during 2012-13, accounting for a fifth of outbound shipments and rising 7.7 per cent to $60.3 billion in 2012-13 from $56 billion the previous year, enabling the total exports to ...

There is optimism on export growth this year among those involved in the trade and experts are betting on a revival in demand in some of the newer markets and the older ones. The government is projecting a 10 per cent growth after the unsatisfactory ...