exports fell by 11.4 per cent in October — the lowest fall in any month this fiscal.
This is the 13th straight month when exports have fallen. However, the rate of fall in exports has been continuously slowing down since June. The worst fall in exports this fiscal was in May at 39.2 per cent.
The October export data prompted, the commerce secretary, Mr Rahul Khullar, on Wednesday, to...
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Coffee exports took a heavy beating last financial year due to the economic downturn. However, with the new crop likely to be better than last year, an uptick in its exports is expected, says Coffee Board of India chairman G V Krishna Rau in an interview with Nayanima Basu. Excerpts:When do you see a revival of coffee exports? How much did India export in the last financial year? Export is a factor...
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The Indian export market for gems and jewellery grew by 1.45 per cent in fiscal year 2009 over the previous year.The growth in the sector was primarily driven by gold jewellery exports. Exports of cut and polished diamonds saw a decrease.The UAE is the largest export destination, followed by Hong Kong and the United States.The Gem & Jewellery Export Promotion Council is the apex body for this industry...
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Minister for Coir and Cooperation G. Sudhakaran demanded here on Wednesday that the Centre ban export of coir husk urgently to save the coir industry in the State from crisis.The Minister said in an official release that the export of coir husk had increased four-fold this year compared to the previous year. If 4,198 tonnes of husk had been exported up to September 2008, the export during the corresponding...
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exports contractedat a lower rate in October than in recent months following a positive growth ina number of sectors in the recent months, suggesting that demand may bebeginning to look up in the developed world.A part of theimprovement could, however, be due to the base effect, a decline in exports inOctober 2008 due to a sudden deterioration in global trade because of thefinancial crisis. That the...
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steel ministry wants a new policy on iron ore that will turn India from an exporting country into one shipping value-added items.steel minister Virbhadra Singh said, “We are a major producer of iron ore, much of which we export at low prices. We should rather work towards a policy of encouraging value-added exports which fetch us better revenues.“I have proposed that we increase the tax on iron ore...
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Aaswa Trading and Exports reports net profit of Rs 0.01 crore in the September 2009 quarterAaswa Trading and Exports reported...
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must set an export target of $300 billion by 2014 as global economies would recover by then, says the Associated Chambers of Commerce and Industry of India (Assocham)."Export zone requires sustained support as it has suffered the most during the economic downturn," said Assocham president Swati Piramal in an assessment report on export submitted to the commerce ministry."A national goal for exports...
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Yangon - Myanmar exported 670,000 tons of rice in the fiscal year that ended March 31 despite the devastation wrought by Cyclone Nargis and expected to export up to 1 million tons this fiscal year, media reports said Sunday."The export volume of rice is expected to increase this year, maybe reaching a million metric tons by the end of the 2009-2010 financial year," an official from the Myanmar Rice...
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Exports declined by 13.8 per cent in September, but the fall was lowest in the current financial year, showing gradual signs of recovery in the country’s export sector.In September, export figures stood at $13.6 billion, against $15.8 billion the same month last year. However, the rate of decline had been arrested since June. Exports fell 28.4 per cent and 19.5 per cent in July and August, respectively,...
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