A steep fall in merchandise trade has caused the current account deficit (CAD) at elevated levels and India needs capital inflows of up to USD 70 billion a year for the next few years to bring it d

Exports declined by 9.74 per cent year-on-year to USD 22.3 billion in August due to the global economic slowdown.

During April-August, the shipment dipped by 5.96 per cent to USD 119.97 billion from

Exports declined by 9.74 per cent year-on-year to USD 22.3 billion in August due to the global economic slowdown.

During April-August, the shipment dipped by 5.96 per cent to USD 119.97 billion from

India's exports in July contracted 14.8 per cent, steepest fall in three years, to USD 22.4 billion, mainly due to the demand slowdown in the US and Europe.

Reflecting slowdown in the economy, im

India on Saturday said it expects exports, that have witnessed contraction for two consecutive months, to turnaround by September end.

"We are seriously monitoring the situation. I think with the

The next round of Commerce secretary-level talks between India and Pakistan is likely to to be held in two months, a top official said on Friday.

"I will be going there (to Pakistan) to finalise the

Indian corporates' business confidence has seen a sharp erosion in June on account of deterioration in the macro-economic situation during the last six months, an industry chamber survey said on Thurs

India has initiated a probe into alleged dumping of a chemical, mainly used in photography and medical applications, by China following complaints by domestic players.

India's exports fell 5.45 per cent to $25.1 billion in June, while imports fell 13.46 per cent to $35.3 billion, leaving a trade deficit of $10.3 billion, a senior trade ministry official said on Friday.

With merchandise demand slowing down in global markets, the Commerce Ministry is drawing a new strategy for achieving exports of USD 500 billion by the end of 2013-14.

"It will take around a month to