Category Archives: Indian Economy

India’s Foreign Trade for March 2014 and recent 3 months.

India’s Foreign Trade for March 2014 and recent 3 months.

India’s Foreign Trade for March 2014 and recent 3 months.

India’s Foreign Trade during last 3 months. Showing Exports, Import and Trade Balance for January 2014, February 2014 and March 2014.

Latest Data Released on 11th April 2014

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India’s Foreign Trade for March 2014

India's Foreign Trade for March 2014

India’s Foreign Trade for March 2014

INDIA’S FOREIGN TRADE: MARCH, 2014

A. EXPORTS (including re-exports)

Exports during March, 2014 were valued at US $ 29578.43 million (Rs.180469.82 crore) which was 3.15 per cent lower in Dollar terms (8.61 per cent higher in Rupee terms) than the level of US $ 30541.44 million (Rs. 166159.46 crore) during March, 2013. Cumulative value of exports for the period April-March 2013 -14 was US $ 312355.45 million (Rs 1892892.23 crore) as against US $ 300400.69 million (Rs 1634318.84 crore) registering a growth of 3.98 per cent in Dollar terms and growth of 15.82 per cent in Rupee terms over the same period last year.

B. IMPORTS

Imports during March, 2014 were valued at US $ 40085.76 million (Rs.244579.27 crore) representing a negative growth of 2.11 per cent in Dollar terms and growth of 9.79 per cent in Rupee terms over the level of imports valued at US $ 40947.77 million (Rs. 222774.70 crore) in March, 2013. Cumulative value of imports for the period April-March, 2013-14 was US $ 450949.04 million (Rs. 2719206.15 crore) as against US $ 490736.66 million (Rs. 2669161.96 crore) registering a negative growth of 8.11 per cent in Dollar terms and growth of 1.87 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during March, 2014 were valued at US $ 15783.8 million which was 17.7 per cent higher than oil imports valued at US $ 13408.2 million in the corresponding period last year. Oil imports during April-March, 2013-14 were valued at US $ 167624.6 million which was 2.2 per cent higher than the oil imports of US $ 164040.6 million in the corresponding period last year.

Non-oil imports during March, 2014 were estimated at US $ 24302.0 million which was 11.8 per cent lower than non-oil imports of US $ 27539.5 million in March, 2013. Non-oil imports during April-March, 2013-14 were valued at US $ 283324.4 million which was 13.3 per cent lower than the level of such imports valued at US $ 326696.1 million in April-March, 2012-13.

D. TRADE BALANCE

The trade deficit for April-March, 2013-14 was estimated at US $ 138593.59 million which was lower than the deficit of US $ 190335.97 million during April-March, 2012-13.

Economic Division.
Department of Commerce,
Ministry of Commerce & Industry

Source: http://www.commerce.nic.in

Review on India’s Consumer Price index for February 2014

Review on India's Consumer Price index for February  2014

Review on India’s Consumer Price index for February 2014

All India CPI numbers on Base 2010 = 100 for February 2014
General Indices for
– Rural 139.0, Inflation 8.51% (Provisional) V/s 139.2 and
Inflation 9.43% for January 2014 (Final).

– Urban 135.3, Inflation 7.55% (Provisional) V/s 135.0 and
Inflation 8.90% for January 2014 (Final).

– Combined 137.4, Inflation 8.10% (Provisional) V/s 137.4 and
Inflation 8.79% for January 2014 (Final).

Combined Inflation for February 2014 for category
– Food and Beverages stood 8.57% (Provisional) V/s
10.13% for January 2014 (Final).

– Fuel and Light stood at 6.13% (Provisional) V/s
6.54% for January 2014 (Final).

– Clothing, bedding and footwear stood at 9.22% (Provisional)
V/s 9.11% for January 2014 (Final).

Next date of release: 14.04.2014 (Monday) for March, 2014.
Source: mospi.nic.in

India’s Consumer Price Index for February 2014 and recent 4 months trend.

India’s Consumer Price Index for February 2014 and recent 4 months trend.

India’s Consumer Price Index for February 2014 and recent 4 months trend.

CONSUMER PRICE INDEX NUMBERS ON BASE 2010=100 FOR RURAL, URBAN AND COMBINED FOR THE MONTH OF FEBRUARY, 2014

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011.

Provisional indices for the month of February 2014 and also final indices for January 2014 are being released hereby for all-India and for States/UTs.

All India provisional General (all groups), Group and Sub- Group level CPI numbers for February 2014 for rural, urban and combined are given in Annex I. The General Indices for rural, urban and combined are 139.0, 135.3 and 137.4, respectively.

Provisional annual inflation rate based on all India general CPI (Combined) for February 2014 on point to point basis (February 2014 over February 2013) is 8.10% as compared to 8.79% (final) for the previous month of January 2014. The corresponding provisional inflation rates for rural and urban areas for February 2014 are 8.51% and 7.55% respectively. Inflation rates (final) for rural and urban areas for January 2014 are 9.35% and 8.09% respectively. Inflation for specified categories is indicated at Annex II.

State/UT-wise General provisional CPI numbers for rural, urban and combined are at Annex III. State/ UT wise Group level provisional indices are available in the Ministry’s website (www.mospi.gov.in).

Price data are collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Price data are received through web portals being maintained by the National Informatics Centre.

 

CPI for February ‘14 released by CSO on 12th March ’14.

Next release on CPI for March ‘14 will be released on 14th April ’14.

http://www.mospi.nic.in

Foreign Direct Investments (FDI) flows in India for January 2014 and recent 4 months

Foreign Direct Investments (FDI) flows in India for January 2014 and recent 4 months

Foreign Direct Investments (FDI) flows in India for January 2014 and recent 4 months

Foreign Direct Investments (FDI) flows in India During 2013

Foreign Direct Investments (FDI) flows in India During 2013

Foreign Direct Investments (FDI) flows in India During 2013

 

INDIA’S FOREIGN TRADE for February, 2014 released on 11th, March 2014.

INDIA’S FOREIGN TRADE for February, 2014 released on 11th,  March 2014.

INDIA’S FOREIGN TRADE for February, 2014 released on 11th, March 2014.

EXPORTS (including re-exports):

Exports during February, 2014 were valued at US $ 25,688.94 million (Rs.159,858.16 crore) which was 3.67 % lower in Dollar terms (11.47 % higher in Rupee terms) than the level of US $ 26,668.77 million (Rs. 143,407.85 crore) during February, 2013. Cumulative value of exports for the period April-February 2013 -14 was US $ 282,777.02 million (Rs 17,12,422.41 crore) as against US $ 269,859.25 million (Rs 14,68,159.38 crore) registering a growth of 4.79% in Dollar terms and growth of 16.64% in Rupee terms over the same period last year.

IMPORTS:

Imports during February, 2014 were valued at US $ 33,819.14 million (Rs.2,10,451.11 crore) representing a negative growth of 17.09 per cent in Dollar terms and a negative growth of 4.06 per cent in Rupee terms over the level of imports valued at US $ 40,791.98 million (Rs. 2,19,353.56 crore) in February, 2013. Cumulative value of imports for the period April-February, 2013-14 was US $ 410,863.28 million (Rs. 24,74,626.88 crore) as against US $ 449,788.89 million (Rs. 24,46,387.26 crore) registering a negative growth of 8.65 per cent in Dollar terms and growth of 1.15 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during February, 2014 were valued at US $ 13,696.8 million which was 3.1 per cent lower than oil imports valued at US $ 14,134.3 million in the corresponding period last year. Oil imports during April-February, 2013-14 were valued at US $ 151,840.9 million which was 0.8 per cent higher than the oil imports of US $ 150,632.3 million in the corresponding period last year.

Non-oil imports during February, 2014 were estimated at US $ 20,122.3 million which was 24.5 per cent lower than non-oil imports of US $ 26,657.7 million in February, 2013. Non-oil imports during April-February, 2013-14 were valued at US $ 259,022.4 million which was 13.4 per cent lower than the level of such imports valued at US $ 299,156.6 million in April-February, 2012-13.

TRADE BALANCE:

The trade deficit for April-February, 2013-14 was estimated at US $ 128,086.26 million which was lower than the deficit of US $ 179,929.64 million during April-February, 2012-13.

Source:

Economic Division, Department of Commerce.

Ministry of Commerce & Industry.

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