New Delhi: Country's merchandise exports grew by 1.6 per cent to $24.16 billion in April this year, whereas imports increased by 10.9 per cent. Imports during the reported month stood at $41.95 billion.
Exports in April 2012 stood at $23.7 billion, while imports were at $37.8 billion. Due to high imports, the trade deficit rose to $17.8 billion, Commerce Secretary SR Rao told reporters on Monday.
Rao attributed the widening of trade deficit in the first month of the current fiscal to high gold imports. Gold and silver imports during April, 2013 jumped by 138 per cent to $7.5 billion against $3.1 billion in the year-ago period.
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01:45 PM, May 13, 2013
Mumbai: Filmmaker Kunal Kohli rues how people have started viewing art as an investment rather than appreciating it as art itself. The son of art curator Yash Kohli says people should focus more on real art and not commercialise it. "Nowadays, what happens is that art has become more of an investment. Now people don't look at art as art, they look at art more as an investment. This has...
03:20 PM, Apr 27, 2013
New Delhi: E-retailing firm HomeShop18 on Thursday said its promoter Network 18 and Hong Kong-based hedge fund OCP Asia will invest USD 15 million each - totalling about Rs 164 crore - in the company. The e-commerce firm added that it has been valued at USD 330 million (about Rs 1,799 crore). "HomeShop18 has entered into an agreement with funds managed by OCP Asia Ltd and Network18 to inject a...
08:56 PM, Apr 11, 2013
Kolkata: Gujarat Chief Minister Narendra Modi has been on an overdrive for the past one week addressing various meets to articulate his views on various issues before the country and his vision and ideas to make India a developed country. He has used the different platforms to project himself a workaholic, visionary and a leader who has thew vision to transform India. While Modi hit out at Congress Vice President...
12:49 PM, Apr 09, 2013
New Delhi: Gujarat Chief Minister Narendra Modi on Monday reached out to women, saying they are ahead of men today while addressing the FICCI Ladies Organisation in New Delhi. Calling for the need to integrate and financially empower women to achieve growth and make India a developed country, Modi said that they constitute 50 per cent of the country's population and India could become a developed nation only if the...
02:38 PM, Apr 08, 2013
New Delhi: Gujarat Chief Minister Narendra Modi on Monday reached out to the women of the country saying women and mothers are supreme and are held in the highest regard in the country. Addressing the FICCI Ladies Organisation, Modi said, "A mother's place is supreme in our culture and values. We call river Ganga our mother, India is also mother India. A mother's place and a woman's place in our...
12:57 PM, Apr 08, 2013
Faced with muted exports, the government on Wednesday said it will come out with a "pragmatic" Foreign Trade Policy (FTP) on April 18, which among other things, would provide incentives to push shipments. ...
02:20 PM, Apr 03, 2013
Two top officials of an online shopping portal have been arrested in New Delhi for allegedly duping people by taking money from them for articles which were never delivered, police said on Saturday. Arindam Bose (47), an electronics engineer, and Harish Ahluwalia (35), Director and Chief Operations Officer respectively of on-line shopping portal timtara.com, were apprehended following investigations into over 200 complaints from victims claiming that they had paid money...
01:50 AM, Mar 31, 2013
Students from the prestigious Sri Ram College of Commerce aren't just about number-crunching. They use social entrepreneurship to help underprivileged people in the national capital from facilitating micro-credit for autorickshaw drivers to reaching out and arranging vocational training to puppeteers, manual scavengers to helping manual scavengers earn a decent living. ...
09:20 AM, Mar 05, 2013
Google is the most trusted online brand in the country, with Facebook coming in at number two, says a study by Brand Trust Advisory. Yahoo has emerged as the second-most trusted search engine after Google, says the report. ...
11:00 PM, Feb 25, 2013
Union Finance Minister P Chidambaram on Wednesday lashed out against Indian Army for its reluctance to make amendments to controversial AFSPA. ...
11:58 PM, Feb 06, 2013
In his first public address at the Shri Ram College of Commerce since his re-election as the Gujarat CM, Narendra Modi cleverly interwove facts and figures with wit to drive home his agenda. ...
11:57 PM, Feb 06, 2013
BJP leaders have consistently maintained that party parliamentary board will decide on its PM candidate. However, Gujarat Chief Minister Narendra Modi has made his intentions clear. He has shown a marked alacrity in seeking a role for himself in national politics. ...
11:11 PM, Feb 06, 2013
The Gujarat Chief Minister addressed the students of Delhi University at Shri Ram College of Commerce, calling them India's biggest resource and saluted them for making India a global power. ...
10:07 PM, Feb 06, 2013
"Don't leave, speak a little more," shouted students at the Shri Ram College of Commerce, University of Delhi, as Gujarat Chief Minister Narendra Modi finished his hour-long address and prepared to leave. According to the college student union's vice-president, the 62-year-old was able to successfully connect with them. ...
09:38 PM, Feb 06, 2013
Pitching himself as a leader and a visionary who can harness India's untapped potential and make it a developed country, Gujarat Chief Minister Narendra Modi reached out to the youth, calling them India's biggest resource while addressing the students at Shri Ram College of Commerce on Wednesday. ...
04:57 PM, Feb 06, 2013
Gujarat Chief Minister Narendra Modi, who some party colleagues want to see as prime ministerial candidate, will speak at a leading Delhi University college on Wednesday. ...
08:12 PM, Feb 05, 2013
There has been a lot of momentum behind e-commerce businesses in India over the past two years. In terms of investments, the sector has had a roller-coaster ride from very high valuations to what can now be called muted interest. I explore some of the key challenges Indian e-commerce players will need to navigate in 2013. ...
03:36 PM, Jan 09, 2013
Against the backdrop of a missed deadline for normalising trade relations with India, Pakistan on Friday said the federal cabinet had reiterated its resolve to grant Most Favoured Nation-status to the neighbouring nation. ...
06:33 PM, Jan 04, 2013
mazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in customer satisfaction of any major online retailer this holiday season, according to a survey released on Thursday. ...
11:22 AM, Dec 27, 2012
