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Draw export strategy of $300 bn: Assocham to govt20-NOV-09
India should aim to increase its merchandise exports to $300 billion by 2014 and adopt a multi-pronged strategy to accelerate competitiveness of domestic goods in global markets, Assocham said.
Textile firms renew demand for banning cotton exports20-NOV-09
With the price of domestic cotton rising and a high level of export contracts, the Confederation of Indian Textile Industry (Citi) has renewed its demand for restricting the latter.
Sensex gains for third straight day18-NOV-09
India’s benchmark stock index rose for a third day. Software exporters gained as aretail sales rebounded in the US, their largest export market.
After 20 yrs, India may import rice18-NOV-09
To buy from Thailand, Vietnam; not to import wheat as it has surplus stock.
Seafood exporters go for quality tag17-NOV-09
Seafood exporters in the state have decided not to purchase black tiger shrimp (aquaculture shrimp) from aqua farmers, who are not registered with the Coastal Aquaculture Authority of India or the Andhra Pradesh fisheries department. The move is aimed at meeting international standards.
TCS diversifying client base, pursuing new biz model16-NOV-09
India's largest software services exporter, Tata Consultancy Services (TCS), is aiming to move beyond its traditional Western market to serve new transnational companies in the emerging markets to become a truly global company.
Japan's eco posts strongest growth since 200716-NOV-09
Japan's economy grew at the fastest pace in two and a half years in the third quarter of 2009, smashing market forecasts and extending a recovery from the worst downturn in decades, data showed today.
Ore exports to China may cost more15-NOV-09
India’s iron ore price for cash sales to China may rise about 4 per cent this month as supplies shrink from one of India’s biggest producing states following a government directive to mines to halt work.
Textile industry demands ban on cotton exports13-NOV-09
Unnecessary, says ministry, as the country has enough stock.
Cashew kernel exports dip 7.6%13-NOV-09
The recessionary trend in major consuming countries, such as the US, Europe and Australia, and marginal appreciation of the rupee against the dollar have affected the country’s cashew kernel exports during the current financial year.
Pomegranate exports hit all-time low13-NOV-09
Pomegranate exports from Karnataka have hit an all-time low of 1,865 metric tonnes during 2008-09, a drop of 41 per cent compared to previous fiscal. The state, which had seen a peak export of 30,000 tonnes in 2004-05, has been witnessing drop in both production and exports since then due to the attack of devastating bacterial blight disease (BBD) in all the growing areas of the state.
Credit downgrades hit record high13-NOV-09
Sectors with export focus account for a majority of downgrades.
Suspend cotton exports to help textiles ind: FIEO12-NOV-09
Exporters today appealed to Prime Minister Manmohan Singh to suspend export of raw cotton saying rising prices of the commodity has become a double whammy for textiles industry, hit by the global demand slump.
Exports still in red, at $14.1 bn in Oct12-NOV-09
India’s exports for October stood at $12.5 billion, down 11.4 per cent from $14.1 billion in the same month last year, on the back of weaker demand for Indian goods in the traditional markets of the US, EU and Japan.
Cotton exports to double on China, Pak demand12-NOV-09
Cotton exports from India, the second-biggest grower, will more than double this crop season as China and Pakistan seek more fiber to make up for a shortfall in supplies from the US, a government official said.
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