July Exports Shown Double-Digit Growth Too: FIEO Chief Ganesh Kumar Gupta

Responding to the July, 2018 trade data, FIEO President, Mr Ganesh Kumar Gupta said that consecutively for third month in a row exports have shown double-digit growth, however the rate of growth has declined. MSME units particularly labour-intensive sectors such as marine products, RMG of all textiles, cotton yarn/fabs/made-ups, agri products, leather & leather products
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The World Trade Organization (WTO) has lowered its prospects for trade growth in the third quarter of 2018 calendar year. The main reason is the sudden dip in export orders globally brought about by an escalating trade war between two of the world’s largest economies, the US and China. In its quarterly forecast of global
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APM Terminals Pipavav (Gujarat Pipavav Port Ltd), announced the standalone financial results for the first quarter ended June 30, 2018. The company reported a net profit of INR 471 million for Q1FY19 as against INR 557 million in Q1FY18. Revenue from operations for the quarter under consideration stood at INR 1760 million as against INR
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India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said, as it suggested the Country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of the growth
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The solar industry equipment transportation market is estimated to rise at a significant CAGR (compounded annual growth rate) of 7.24 per cent during the period 2017 to 2021, according to a report. The report has focused on types, applications, key drivers, challenges and opportunities to determine the overall attractiveness and profitable trends to gain a
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The International Monetary Fund (IMF), in its near-term macroeconomic outlook for India, has forecast growth to rise to 7.3 per cent in FY 2018/19 and 7.5 per cent in FY 2019/20, on strengthening investment and robust private consumption. Headline inflation is projected to rise to 5.2 per cent in FY 2018/19, as demand conditions tighten,
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NEW DELHI: Exports of farm and processed food products registered near 6 per cent growth in dollar terms to $4.68 billion during the April-June quarter over the corresponding period last year. In rupee terms, the growth was higher, at around 10 per cent, touching Rs. 31,397 crore as against Rs. 28,564 crore in the corresponding
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LONDON: The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the World’s major economies. While there may be clouds on the horizon in the form of tariff and trade war fears, economic fundamentals are likely to win-out in the long run, according to the Global
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NEW DELHI: Growth of eight core sectors expanded to 7-month high of 6.7 per cent in June due to better performance by cement, refinery and coal segments, as per official data released recently. The eight sectors, which also include fertilisers, steel, natural gas, electricity and crude oil, had expanded by 1 per cent in June
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BRUSSELS: The European Union’s statistics agency said the combined gross domestic product of the 19 Countries that use the euro–the broadest measure of the goods and services they produce–increased at an annualized rate of 1.4% in the second quarter, down from 1.5% in the first. In the U.S., growth according to the same measure was
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