Government hopeful of closing trade gap in Jan-March: Anand Sharma

MUMBAI Wed Feb 13, 2013 11:38am IST

Minister for Trade Anand Sharma looks on during the opening of the 8th World Trade Organization Ministerial Conference in Geneva December 15, 2011. REUTERS/Denis Balibouse/Files

Minister for Trade Anand Sharma looks on during the opening of the 8th World Trade Organization Ministerial Conference in Geneva December 15, 2011.

Credit: Reuters/Denis Balibouse/Files

Related Topics

MUMBAI (Reuters) - The government is hopeful that exports in January will help close the trade gap, Commerce Minister Anand Sharma said on Wednesday.

Data released separately showed exports were up 0.8 percent in January while imports rose 6 percent. The trade deficit in January stood at $20 billion.

Sharma said gold imports are a matter of concern and a balanced approach is needed towards gold import duty.

(Reporting by Neha Dasgupta; Editing by Sunil Nair)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Shares Hit Record

Sensex, Nifty rise to second consecutive record high

Sensex surges 500 points on BOJ easing, L&T gains

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.  Full Article 

REUTERS SHOWCASE

Indian Economy

Indian Economy

India's fiscal deficit in H1 almost 83 pct of full-year target.  Full Article 

M&M Earnings

M&M Earnings

M&M Q2 net profit down 4 percent, hit by poor monsoon.  Full Article 

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage