India’s exports fall 4.16% in May on global slowdown

India’s exports fell 4.16 percent year-on-year to $25.68 billion in May, while imports fell 7.36 percent year-on-year to $41.9 billion, government data showed on Monday.

May’s trade deficit was $16.3 billion, while oil imports rose 14.02 percent

Exporters ask RBI for relaxation in norms and rates: FIEO

On a day when the rupee hit a fresh all time low, the RBI met exporters and bankers to seek ways to speed up credit flow to the sector.

Exporters today asked RBI to remove some of the recent