latest Market News

NEW DELHI: Apex apparel body AEPC has organised a two-day fair in Gurgaon beginning today to attract foreign buyers and boost exports from the sector which has been hit hard by the global demand slowdown. Buyers from countries such as Greece, Australia, South Africa and the US are participating in the fair - India Market Days. The event would help the exporters find the right partners for their business," Apparel Export Promotion...

  • Posted on : Wednesday , 10th April 2013
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The government has permitted export of 8,587 tonnes of raw sugar under tariff-rate quota (TRQ) to the US, for the US fiscal year 2013 (1 October 2012 to 30 September 2013). The export will be made through Indian Sugar Exim Corporation Ltd, New Delhi, under the generalised system of preferences, the Directorate General of Foreign Trade (DGFT) said in a release. The release said existing procedures in respect of preferential sugar export to...

  • Posted on : Wednesday , 10th April 2013
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The Special Economic Zone (SEZ) in Indore has recorded exports worth Rs 1,927 crore in the just concluded fiscal year, up about 17 per cent from Rs 1,637 crore clocked in 2011-12. It has been a remarkable year (FY13) for Indore SEZ on account of physical and financial parameters, the zone’s Development Commissioner, A K Rathore, said here today. Exports from the trade enclave rose to Rs 1,927 crore in the last financial year from Rs...

  • Posted on : Wednesday , 10th April 2013
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India’s carpet exports met the $1 billion target in 2012-13, registering a growth of over 12 per cent, on strong demand in the US, China and Latin American markets. During 2011-12, these exports stood at $955 million, according to the data provided by the Carpet Export Promotion Council (CEPC). “Carpets exports touched $1.07 billion mark in the last fiscal on account of growing demand not only from American market, but also...

  • Posted on : Wednesday , 10th April 2013
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MUMBAI: With infrastructure and construction sectors expected to see a revival over the next two-three years, equipment manufacturer Action Construction Equipment (ACE) is eyeing nearly Rs 2,000 crore revenue by FY16, a top company official has said. "We are bullish about revival in the construction industry over the next few years. Therefore, we have set a target of Rs 2,000 crore revenue by FY16," ACE Executive Director Sorab...

  • Posted on : Saturday , 6th April 2013
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