News for 's-r-rao'

L&T approaches govt to surrender SEZ

L&T approaches govt to surrender SEZ

Rediff.com7 Mar 2013

Four developers, including L&T Chennai Projects and Welspun Anjar, have approached the Commerce Ministry to surrender their IT and textile zones respectively.

Govt gives extra time to 14 SEZ developers

Govt gives extra time to 14 SEZ developers

Rediff.com4 Apr 2013

At a recent meeting, the Board of Approval headed by Commerce Secretary S R Rao, also allowed three SEZ developers to surrender their project.

India's exports grow by 4.25% in Feb

India's exports grow by 4.25% in Feb

Rediff.com11 Mar 2013

Imports also rose by 2.6 per cent to $41.1 billion in the month under review, leaving a trade deficit of $14.92 billion.

India's exports up 1.6% at $24.16 bn in April

India's exports up 1.6% at $24.16 bn in April

Rediff.com13 May 2013

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.

Govt steps to boost investment, exports soon

Govt steps to boost investment, exports soon

Rediff.com28 Aug 2012

India's exports during the April-July period have shrunk by 5.06 per cent to $80.4 billion. Industrial output in the April-June quarter too contracted by 0.1 per cent this fiscal.

Exports to grow 20% this fiscal: Commerce Secretary

Exports to grow 20% this fiscal: Commerce Secretary

Rediff.com20 Jul 2012

Despite the slowdown in world economies, the government expects exports to increase 20 percent in the current fiscal, a senior commerce ministry official said here on Friday.

Exports decline 9.7% in August

Exports decline 9.7% in August

Rediff.com13 Sep 2012

During April-August, the shipment dipped by about six per cent to $120 billion from $127.6 billion in the same period last year, Commerce Secretary S R Rao told reporters in New Delhi.

India's trade deficit drops to 15-month low

India's trade deficit drops to 15-month low

Rediff.com13 Jul 2012

Sharp compression in imports and declining exports has narrowed the country's trade deficit to 15-month low of $10.3 billion in June.

Exports contract 5.45% in June to $25 bn

Exports contract 5.45% in June to $25 bn

Rediff.com13 Jul 2012

Imports also declined by 13.46 per cent to $35.37 billion, leaving a trade deficit of $10.30 billion, according to the Director General of Foreign Trade A Pujari.

Govt appoints new commerce, agriculture secretary

Govt appoints new commerce, agriculture secretary

Rediff.com29 May 2012

The government on Monday appointed S R Rao as commerce secretary, in place of Rahul Khullar, who was made chairman of the Telecom Regulatory Authority of India after he retired earlier this month.

India's exports up 13.47 % in October

India's exports up 13.47 % in October

Rediff.com11 Nov 2013

Imports stood at $37.8 billion, leaving a trade deficit of $10.56 billion as against $20.2 billion in October 2012, official data showed.

Export grows by 11.6% to $25.83 billion in July

Export grows by 11.6% to $25.83 billion in July

Rediff.com12 Aug 2013

During April-July this fiscal, exports grew by 1.72 per cent to $98.2 billion. Imports too increased by 2.82 per cent to $160.7 billion during the period.

Anand Sharma's prescription for the ailing economy

Anand Sharma's prescription for the ailing economy

Rediff.com27 Aug 2013

Sharma was addressing the members of the Board of Trade, a body comprising captains of Indian industry.

'US shutdown won't hit India's exports'

'US shutdown won't hit India's exports'

Rediff.com9 Oct 2013

India's exports grew for the third consecutive month by 11.15 per cent to $27.68 billion in September.

Sharma for easing gold import norms to check smuggling

Sharma for easing gold import norms to check smuggling

Rediff.com24 Dec 2013

To check rising current account deficit, the government has raised import duties and the Reserve Bank of India had imposed curbs on import of the yellow metal and also laid down various pre-conditions for inward shipments of the precious metal.

Ministry seeks easier gold import norms

Ministry seeks easier gold import norms

Rediff.com18 Aug 2013

In order to contain current account deficit, the Reserve Bank last month imposed restrictions on gold imports by banks and other authorised agencies.

Gold, silver imports dip 80.55% to $1.05 bn

Gold, silver imports dip 80.55% to $1.05 bn

Rediff.com11 Dec 2013

Gold and silver imports declined 80.55 per cent to $1.05 billion in November after a slew of measures taken by the government to curb inbound shipments of the metal, aimed at narrowing the current account deficit.

Commerce Min seeks liberalised packing credit scheme from RBI

Commerce Min seeks liberalised packing credit scheme from RBI

Rediff.com9 Jul 2013

India's trade deficit widened to $20.1 billion in May because of high gold imports while exports declined by over a per cent, raising concerns about economic recovery.

Gold, silver imports dip 68.8% to $1.77 billion in December

Gold, silver imports dip 68.8% to $1.77 billion in December

Rediff.com10 Jan 2014

India's current account deficit, which is the excess of foreign exchange outflows over inflows, touched a historic high of 4.8 per cent of GDP in 2012-13, mainly due to rising imports of gold and petroleum products.

India's gold, silver imports up 62.5% in Oct

India's gold, silver imports up 62.5% in Oct

Rediff.com11 Nov 2013

After recording significant decline in September, gold and silver imports jumped by 62.5 per cent to $1.3 billion in October this year.

24 SEZ developers seek more time for projects

24 SEZ developers seek more time for projects

Rediff.com16 Jan 2014

As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.

Deadlock over RBI's 80:20 gold import norm ends

Deadlock over RBI's 80:20 gold import norm ends

Rediff.com20 Sep 2013

The Reserve Bank of India in July introduced 80:20 scheme under which 20 per cent of the total gold imports was to be exported back.

India says US visa Bill against WTO rules

India says US visa Bill against WTO rules

Rediff.com20 Jun 2013

All companies that have 50% or more employees from outside the US to pay a higher visa fee of $10,000 for each such staffer, against $4,500 at present.

Govt refutes Novartis' allegations on patents

Govt refutes Novartis' allegations on patents

Rediff.com28 Aug 2013

The Supreme Court had rejected the company's plea for a patent on cancer drug Glivec in April.

Govt allows gold exports from SEZs after value addition

Govt allows gold exports from SEZs after value addition

Rediff.com17 Jun 2013

Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 per cent.

Commerce secy sees double-digit growth in exports

Commerce secy sees double-digit growth in exports

Rediff.com3 Sep 2013

Exports had risen over 11 per cent in July, year-on-year.

Trade deficit widens to 7-month high; exports down 1.1% in May

Trade deficit widens to 7-month high; exports down 1.1% in May

Rediff.com17 Jun 2013

Exports in May 2012 stood at $24.77 billion.

July exports euphoria a statistical illusion

July exports euphoria a statistical illusion

Rediff.com29 Aug 2013

Many economists say only a substantial rise from October would point to a real recovery.