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The other sector that will be affected is the leather industry. According to the Council for Leather Exports, the total number of people employed in the leather industry is around three million.

Leather exports to rise 10 per cent by 2019: Chaudhary

The exports of leather goods is linked to demand in developed regions like Europe.

17 Oct 2017 9:40 AM IST

During April-December period, exports grew marginally by 0.75 per cent USD 198.8 billion.

Export soars 25.67 per cent to USD 28.61 billion in Sept

Trade balance stood almost flat at USD 8.98 billion in September 2017 against USD 9 billion in September 2016.

13 Oct 2017 7:02 PM IST

Research shows that people who are taught to appreciate the natural flavours of coffee are best able to reduce their sugar intake in the beverage (Photo: Pixabay)

India's coffee output pegged at record 3.5 lakh tons in 2017-18

The final output stood lower by 10.34 per cent at 3.12 lakh tonnes in 2016-17.

4 Oct 2017 12:53 PM IST

A finance ministry report said India should sign more free trade agreements and make tax and labour reforms to drive leather exports

Crackdown on Muslim-run leather units dents exports, hits jobs

The industry is also grappling with a GST, introduced in July, which has pushed up production costs by 6-7 per cent.

4 Oct 2017 10:37 AM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

April-Oct trade deficit soars 60 pc to $88 billion: report

Current account deficit widening by 40 bps for every 10 per cent increase in crude prices.

22 Nov 2017 4:35 PM IST

Onion prices crashed by Rs 321 to Rs 250 per quintal on Wednesday.

Onion export jumps 56 per cent in April-July

The new kharif crop is likely to be lower by 10 per cent as area sown is less by 30 per cent.

12 Nov 2017 11:22 AM IST

Ralhan said that petroleum exports which has a major contribution in the exports basket has continued to growth with a positive growth of well over eight per cent. (Representational Image)

Govt notifies new duty drawback rates from October 1

AEPC said the refund rates for garments will come down to 2 pc as compared to the 7.7 pc drawback available till now.

23 Sept 2017 12:20 PM IST

Onion prices crashed by Rs 321 to Rs 250 per quintal on Wednesday.

Onion exports decline 14 per cent in April-June

Total value of exports stood at Rs 1,098.58 crore and the volumes 9.45 lakh tonnes in April-June of 2017-18.

13 Sept 2017 3:30 PM IST

The local currency had ended 4 paise higher at 66.67 in yesterdays trade, rising for the second consecutive day.

Moderation in export to narrow India's trade deficit to USD 10.3...

According to official data, India's trade deficit stood at USD 11.44 billion in July.

10 Sept 2017 11:35 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil prices rise on signs that Iranian crude exports fall further

US West Texas Intermediate (WTI) crude futures were down by 24 cents, or 0.3 per cent, at $74.53 a barrel.

9 Oct 2018 10:43 AM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

India's external sector prospects look bright: Economic Survey

India remained the eighth largest exporter in commercial services in the world in 2016 with share of 3.4 per cent.

29 Jan 2018 2:09 PM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

Exports up 12.36 per cent in Dec; trade deficit widens to 3 year high

Exports had totalled USD 274.64 billion in 2016-17, up from USD 262.29 billion in the preceding industry.

16 Jan 2018 10:32 AM IST