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However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

Greenlam acquires Decolan

Post acquisition, Decolan SA is going to be managed as a subsidiary of Greenlam Asia Pacific.

21 May 2019 4:00 AM IST

Chinas loss is Indias gain. Atleast, thats what, when it comes to chemicals, especially, specialty chemicals market.

China's loss in specialty chemicals benefits India

The domestic chemicals industry in China is witnessing a slowdown as a result of an overall slower economic growth.

21 May 2019 3:48 AM IST

The tea exports to Pakistan during the first 10 months of 2018 rose 22 per cent to 13.07 million kg as compared to 10.65 million kg.

Tea exports to Pakistan rising

India's tea export to Pakistan could rise to 20-25 million kg in 2019 from 15.83 million kg in 2018.

20 May 2019 4:36 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

FIIs bet big on warehousing parks

Interestingly, the total amount of equity commitments to such platforms is at least $2.5 billion over the last two...

17 May 2019 12:18 AM IST

The acquired facility includes land, building and two sortex plants and has a production capacity of 800 MT per day.

GRM to develop warehouse near Mundra port

The acquisition has been funded through a combination of bank borrowings and internal accruals.

16 May 2019 6:41 AM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

Exporters want IES to cover entire MSME sector

EEPC has asked RBI for carving out an exporter-friendly interest rate structure for exporters.

14 May 2019 2:41 AM IST

Sanjiv Puri appointed ITC Chairman

Puri, who has been Managing Director, will now be Chairman and Managing Director, the company said.

14 May 2019 2:19 AM IST

According to the Cotton Association of India (CAI), total stock held by spinning mills and stockists as on April 30, 2019 is estimated at 87.75 lakh bales of 170 kg each, which is equal to about 93 to 94 lakh running bales.

Cotton output to drop by 5 per cent

Due to small crop size and a very tight cotton balance sheet, closing stock as on September 30, 2019 is estimated at 13...

13 May 2019 4:07 AM IST

Vahdam Teas comes to duty free outlets in India

India's domestic and International traffic grew at 16.52 per cent year on year to reach 308.75 million in FY18,...

11 May 2019 3:42 AM IST

Colgate India highlights the power of smile

And that seems to be the new message that Colgate-Palmolive Ltd, the market leader in oral care in India, wants to put...

11 May 2019 3:39 AM IST

The Supreme Courts order on the SC/ST Act, that no arrests can be made under it without a prior probe, led to protests across the country. (Representational image)

Lodhas suffer setback in SC

The judgement was delivered by the Supreme Court Division Bench comprising Justice R Banumathi and Justice R Subhash...

11 May 2019 2:33 AM IST

The bike is likely to be launched by June 2019.

Bike owners now sensitive about fuel consumption

The JD Power study also found that the greater emphasis on fuel economy can mostly be attributed to an increase in fuel...

8 May 2019 6:03 AM IST