India's current account deficit (CAD) will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country's external financial position, projected a recent report by Bank of Baroda.
The World Trade Organisation (WTO) has expected world merchandise trade volume to grow 2.6 per cent in 2024 and 3.3 per cent in 2025, following a larger-than-expected decline of -1.2 per cent in 2023.
WTO economists said on April 5, that the volume of world merchandise trade is expected to grow by 1.7 per cent this year following 2.7 per cent growth in 2022.
The World Trade Organisation (WTO) said that UAE's trade in goods with the rest of the world hit USD 1.024 trillion in 2022 as the share of both exports and imports increased on the back of higher crude oil prices. Imports accounted for 22 per cent of that amount while exports grew by 41 per
India's overall exports on Wednesday posted a 14.57 per cent increase year-on-year in January 2023 to USD 65.15 billion, against USD 56.86 billion on January 2022, the Union Commerce ministry stated in a release.
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
India's overall exports (merchandise and services combined) in April-October 2022 are estimated to be USD 444.74 billion, exhibiting a positive growth of 19.56 per cent over the same period last year.
New Delhi [India], July 4 (ANI): India's merchandise exports rose by 16.8 per cent to $37.9 billion in June 2022, while imports soared by 51.02 per cent to $63.58 leading to a trade deficit of $25.63 billion during the month, as per the government data released on Monday.
Dubai [UAE], April 7 (ANI): Ties between India and the United Arab Emirates got a major boost with the Comprehensive Economic Partnership Agreement (CEPA), signed recently between the two countries which is expected to increase bilateral non-oil merchandise trade to USD 100 billion in the ne
New Delhi [India], March 14 (ANI): India's merchandise exports rose by 25.1 per cent to $34.57 billion in February led by a healthy performance of engineering, petroleum and chemicals sectors, while the country's imports during the month jumped to $55.45 billion resulting in a trade deficit
New Delhi [India], March 2 (ANI): India's merchandise exports rose by 22.36 per cent to USD 33.81 billion in February 2022 from $27.63 billion recorded in the same month last year led by strong growth in the sectors like engineering, petroleum and chemicals, the government data showed on Wed