A current account deficit is when a country's total value of imports exceeds the total value of exports. The CAD numbers are a key indicator for any economy.
Gandhinagar (Gujarat) [India], December 25: Gujarat Raffia Industries Ltd (GRIL), a leading manufacturer and exporter of HDPE Tarpaulins, Plastic Sheeting, and Ground Sheeting is eying foray in the solar power. Along with expanding capacity in its core business and expanding export footprint
The year 2023 was a landmark year for the Ministry of Defence as it witnessed defence exports reaching an all-time high--almost Rs 3,000 crore more than the previous financial year--and defence productions crossing the figure of Rs one lakh crore for the first time.
Amid low foreign direct investment (FDI) and nominal export growth, the Pakistan Industrial and Traders Associations Front (PIAF) on Sunday said that foreign remittance flows are crucial to supporting the country's financial balance, Frontier Post reported.
The event is particularly focused on the petrochemical sector of the state. Holding the highest share in India's chemical and petrochemical exports, Gujarat is emerging as the country's hub for speciality chemicals.
According to a press release by the Ministry of Commerce and Industry, the data from April to November 2023 reveals remarkable progress in various agricultural products, with Oil Meals and Fruits and vegetables leading the way with growth rates of 34.33 per cent and 15.10 per cent, respectiv
Speaking on the subject, Agrawal stated, "Global market of alcoholic beverages stands today at USD 130 billion and Indian exports of these products was USD 325 million in 2022-23. As the global demand for Indian spirits is growing, we expect that in a few years exports of Indian spirits will
Coimbatore (Tamil Nadu) [India], December 19: Cotton Council International (CCI) held its annual Cotton Day in Coimbatore, India, this week, featuring an insightful seminar tying in the Indian cotton textile industry's evolution with its U.S. cotton consumption. CCI Representative Peush Nara
According to Fitch Ratings, with higher costs impacting regions like Europe and Latin America, producers in Asia, North America, and the Middle East, benefiting from lower production costs, are strategically targeting these markets for exports.
"Assam had exported agricultural products worth Rs 4000 crore in 2022-23. Tea is a major exported product, but there are many other agricultural, and horticulture products. The farmers of the state now realise that there is a big market for their produced products," Atul Bora said.