Cumulative exports during April-October 2017-18 increased by 9.62 per cent to USD 170.28 billion, while imports grew by 22.21 per cent to USD 256.43 billion, leaving a trade deficit of USD 86.14 billion.
Exports during October 2017 were valued at United States $23,098.18 million as compared to $23,360.61 million during October 2016, registering a decline of 1.12%, according to data released by the Ministry of Commerce and Industry on Tuesday.
"The contraction in merchandise exports in October partly reflects an unfavourable base effect, as well as upfronting of shipments to the previous month", she added.
Trade deficit in October 2017 over previous month increased to $3.041 billion, 8.68 percent higher over $2.798 billion for September 2017.
"There is an immediate need for remedial measures to prevent further decline in exports otherwise the situation may be worse for November", the Federation of Indian Export Organisations (FIEO) said in a statement.
Export of ready-made garments (39.2%), gems and jewellery (24.5%), and drugs and pharmaceuticals (8.8%) declined, Mint reported. The decline in these highly employment-intensive sectors is a worrisome sign, said Mr Gupta.
Verna ban: Twitterati are fuming!
And while the makers are doing everything in their power to get the film released on November 17, Twitter is enraged! Images has reached out to Shoaib Mansoor regarding the ban and is awaiting a response .
Commenting on the data, exporters body FIEO said the fall was expected as exporters were facing liquidity problem to pay GST for four months in a row without getting any refund.
As a result, non-oil/non-gold imports rose only 4.9 per cent, sharply lower than the 19.8 per cent in September and 20 per cent in August, indicating industrial production would suffer again in October.
In October, petroleum, engineering and chemicals exports grew by 14.74 per cent, 11.77 per cent and 22.29 per cent, respectively.
Goods imports last month were $ 37.12 billion, a gain of 7.6% from a year ago, data from the commerce and industry ministry showed.
Rating agency Icra's principal, economist Aditi Nayar said that it is estimate every $1 increase in the price of the Indian crude oil basket would bloat annual net oil imports and the current account deficit by $1.2 billion.
The rising oil imports come at a time when the global crude oil prices are surging each day, pushing even fuel prices at home higher.
Naples Global Advisors LLC grew its stake in J P Morgan Chase & Co by 7.9% in the 1st quarter. (NYSE:JPM) for 13,750 shares. Larry Foley increased its stake in Coca Cola Co (KO) by 92% based on its latest 2017Q2 regulatory filing with the SEC.
This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. Outperform is an analyst recommendation which means that a stock is expected to do slightly better than the market return.
And if I'm real winded ... "He knows if he needs me to play a few reps, snaps, one snap, 60 snaps, that I can do it". He practiced on Monday, but it's unknown if he will play against Dallas. "It's not going to change going forward".
Following the completion of the sale, the vice president now owns 18,232 shares of the company's stock, valued at $1,120,903.36. The Connecticut-based Northcoast Asset Management has invested 2.57% in Express Scripts Holding Company (NASDAQ: ESRX ).
Calamos Advisors Llc increased Varian Medical Systems Inc (NYSE:VAR) stake by 7,297 shares to 37,295 valued at $3.85M in 2017Q2. The stock of Ally Financial Inc (NYSE:ALLY) earned "Overweight" rating by Barclays Capital on Thursday, October 26.
The regional bloc is expected to hit North Korea for its missile tests , in a draft Chairman's statement . The "latest statistics", noted Duterte, showed "robust" ties between the 10-member ASEAN and South Korea.
Nintendo just released a brand new trailer showcasing what appears to be Ultra Necrozma in Pokémon Ultra Sun and Moon . The beachwear style reflects the tropical region of Alola that acts as the setting for the Sun and Moon games.
Assuming PowerPass is relaunched in a functional manner sometime in 2018, this is still not the outcome GameStop wanted right now. A couple of weeks ago, game retailer GameStop soft-launched its new subscription-based game lending program , PowerPass.
The company has experienced volume of 2,385,081 shares while on average the company has a capacity of trading 2.54M share. Virtu Financial, Inc . (VIRT) has a Return on Assets of 0.70%. 205,806 are owned by Lombard Odier Asset Mgmt (Usa).
According to reports, 8 people have been arrested relating to the incident. "In a democracy everyone has right to protest". They had issued warnings that they would set theatres on fire if the movie was screened.
Jon Stewart "Stunned" by Louis CK Scandal
He laughed off the question and answered, "So the Internet said Louis harassed women?" "I didn't see the tweets", he went on. The idea that there was this added layer of pressure and manipulation and fear and humiliation.
Dicks Sporting Goods Inc Takes a Hit Despite Earnings Beat
TRADEMARK VIOLATION NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The dividend is payable in cash on December 29, 2017 to stockholders of record at the close of business on December 8, 2017.
Brian Robison Nominated for NFL Sportsmanship Award
The Art Rooney Award was created in 2014 and is named after Art Rooney, the late founder of the Pittsburgh Steelers. I have heard him tell players this is what we have to do, but I have to do it just as well as you have to do.
Thomas Chandy contemplating moving SC after high court rap
The court also questioned how he can continue to be a minister despite filing a petition against the state government. Speaking to the media later, Tankha said they are studying the verdict and will decide on what needs to be done.
Trump's incoherent message to America's allies in Asia
Trump kicked off his trip in Hawaii on November 3, before traveling to Japan , South Korea , China, Vietnam and the Philippines. He has cultivated a close relationship with Chinese leader Xi Jinping , resulting in China going far beyond mandated U.N.
OncoSec Medical Incorporated (NASDAQ:ONCS) showed P/E ratio
After a recent check, Oncosec Medical's 14-day RSI is now at 84.63, the 7-day stands at 90.93, and the 3-day is sitting at 94.67. Snap Inc ., a United States of America based Company, belongs to Technology sector and Internet Software & Services industry.
One Tree Hill Cast Accuse Showrunner of Sexual Harassment
And for every male cast mate and crew member who has reached out to our group of women to offer their support these last few days. Sometimes we wouldn't luck out and he'd just squeeze his disgusting body in between us and put his arms around us, grinning.