In his letter, Stalin described the situation as an "escalating crisis" for Tamil Nadu's economy, underlining the State's critical role in India's export ecosystem.
Reacting to Rahul Gandhi's visit to the BMW factory in Munich, Aam Aadmi Party's Delhi chief Saurabh Bharadwaj remarked that the Congress leader "could have said this even while being here in India." He cited falling exports and a depreciating rupee as evidence of economic downturn.
Indian steel exports are expected to see less growth in the coming months as overseas orders start to dry up. According to an Elara Capital report, exports jumped by 83 per cent in October to 0.73 million tonnes. This fast pace is unlikely to continue as the surge happened because buyers in
India's external sector outlook remains broadly stable despite recent volatility in trade data, with the current account deficit (CAD) expected to remain around 1 per cent of GDP in FY26, supported by easing commodity prices, resilient services exports and moderating trade pressures, accordi
Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing fina
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
Union Minister of Commerce and Industry Piyush Goyal held discussions with Tatsuo Yasunaga, Chairman of the Japan-India Business Cooperation Committee (JIBCC), to explore ways to further strengthen trade and economic ties between India and Japan.
India's trade deficit narrowed to USD 24.53 billion in November from USD 41.68 billion in October, said the data released by the government on Monday. This was driven by a fall in gold, oil and coal imports, it said.
During 2025-26, exports began at USD 1.39 billion in April, climbed to USD 1.62 billion in May, and after a brief moderation in the mid-year months, gained momentum from September onward. Exports rose from USD 1.46 billion in September to USD 1.63 billion in October, reaching a peak of USD 2
Overall trade, including merchandise and services, recorded exports of USD 73.99 billion in November 2025, up from USD 64.05 billion in the same month last year. Imports during the period declined marginally to USD 80.63 billion from USD 81.11 billion.
The services exports of the country, which have been the strongest part of the country's growth story for more than two decades, have seen a sharp slowdown in recent years, even though long-term growth remains among the best globally, highlighted a report by DSP Asset Managers.