India's merchandise trade deficit in November came at USD 37.84 billion, attributable to burgeoning imports relative to exports. Reportedly, this is the highest monthly trade deficit by far.
India's overall exports, merchandise and services combined, in November were to the tune of USD 67.79 billion, a 9.6 rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 61.85 billion.
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
The court's decision came after the NGOs argued that the Dutch government, as a signatory to the 1948 Genocide Convention, has a duty to "prevent genocide."
New Delhi [India], December 13: Aayush Wellness Limited [BSE: 539528], India's Smart nutrition Company and a prominent player in health and wellness segment is pleased to announce that the Company has received a significant order worth US $ 3 million from M/s Cosmos Holdings Pte Ltd, a leadi
New Delhi [India], December 12: SIAL India 2024, the country's leading food and beverage trade event, successfully concluded at Yashobhoomi, Dwarka, Delhi, marking a milestone in fostering global partnerships and innovation in the food sector. The event, held from December 5-7, 2024, attract
Union Minister for Commerce and Industry Piyush Goyal on Thursday expressed optimism about India's economic growth, projecting that the country's exports will surpass USD 1 trillion within the next two to two-and-a-half years.
India has a significant opportunity to capitalize on export prospects resulting from expected trade disruptions by upcoming US President Donald Trump's tariff policies, says a report by Shriram Mutual Fund.
Addressing the people and media, Modi said that India had achieved success in sectors through mantra of Reform, Perform and Transform and became the world's fifth largest economy and doubled it's economy and exports.
In a historic first, developing economies in 2023 crossed the trillion-dollar mark in their exports of digitally deliverable services, according to new data released by UN Trade and Development (UNCTAD).