President Donald Trump claimed the US trade deficit shrank by 78 per cent due to tariffs. However, official data showed the deficit rebounded sharply in November last year. Reports highlighted trade volatility, falling exports, rising imports, and economists' warnings about temporary fluctua
Longer-term trends indicate a structural shift in India's gold imports, with value rising sharply over time while volumes have stagnated or declined. Gold import value increased from USD 32.91 billion in FY19 to USD 58.01 billion in FY25, a 76 per cent rise over six years.
India's decision to withdraw Quality Control Orders (QCOs) on a wide range of raw materials across textiles, plastics and mining has brought major relief to industry, but Global Trade Research Initiative (GTRI) warn that the government must now closely track import surges to ensure the ab
India's merchandise export in September was up 6.75 per cent at USD 36.38 billion compared to USD 34.08 billion on a year-on-year (YoY) basis, according to the data released by the Ministry of Commerce and Industry on Wednesday.
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.