Indian exports grow, imports dip, trade deficit narrows

India's exports grew by 3.98 per cent to USD 312.35 billion US dollars in Financial Year 2013-14 while imports dipped by 8.11 per cent during the period. Imports declined to over 450.94 billion dollars, narrowing the trade deficit to USD over 138 billion dollars in the last fiscal. In 2012-...

Indian exports grow, imports dip, narrows trade deficit

India's exports grew by 3.98 per cent to USD 312.35 billion US dollars in Financial Year 2013-14 while imports dipped by 8.11 per cent during the period. Imports declined to over 450.94 billion dollars, narrowing the trade deficit to USD over 138 billion dollars in the last fiscal. In 2012-...

Indian exports grow, imports dip, narrowing trade gap

India's exports grew by 3.98 per cent to USD 312.35 billion US dollars in Financial Year 2013-14 while imports dipped by 8.11 per cent during the period. Imports declined to over 450.94 billion dollars, narrowing the trade deficit to USD over 138 billion dollars in the last fiscal. In 2012-...

US condemns use of energy as tool of coercion by Russia against Ukraine

The United States has condemned, what it called, Russia's efforts to use energy as a tool of coercion against Ukraine. The spokeswoman for the US State Department, Jen Psaki said the price now Ukraine has to pay Russia for its gas following recent price hikes was clearly not set by market f...

Argentina transport hit by strike against goivt 's economic policies

In Argentina, public transport has been severely disrupted by a huge nationwide strike against the economic policies of the government of President Cristina Fernandez de Kirchner. Most buses, commuter trains and metro lines across Argentina did not operate. Airlines were forced to cancel flights and...

Auto industry faces demand slump; car sales fall for 2nd consecutive fiscal

Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent as the auto industry continued to struggle with demand slump. Market analysts say the slump is due to a sluggish economy that has led to an estimated job loss of around 1.5 lakh across the entire value ...

Will meet fresh Russian escalation with additional sanctions : Obama on Ukraine

The United States President Barack Obama threatened fresh sanctions against Moscow if it escalates the crisis over Ukraine, as pro-Russia separatists faced today's deadline from Kiev to lay down their arms.The White House said in a statement that the president stressed that the United State...

Gold, silver imports decline, help lower CAD

Gold and silver imports declined 40 per cent to 33.46 billion US dollars in 2013-14 mainly due to restrictions imposed by the government on inbound shipments of the precious metal to narrow the current account deficit. Imports of gold and silver in 2012-13 stood at over 55.79 billion dollars. In Mar...

Indian exports grow, imports dip, narrow trade gap

India's exports grew by 3.98 per cent to USD 312.35 billion US dollars in Financial Year 2013-14 while imports dipped by 8.11 per cent during the period. Imports declined to over 450.94 billion dollars, narrowing the trade deficit to USD over 138 billion dollars in the last fiscal. In 2012-...

World Telecom Devpt Conf adopts Dubai Action Plan for tech upgrade