Search For "services exports"
India's GDP likely grew by 7% in Q4FY25; current fiscal year GDP to settle
Updated : 9 months, 2 weeks ago IST
As per a report by ICICI Bank, this marked a stronger growth momentum in the second half of the financial year compared to the first half, powered by a rise in government spending and a pick-up in rural demand, domestic travel and services exports.
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Aiming USD 1 trillion worth exports in 2025-26: FIEO
Updated : 9 months, 3 weeks ago IST
The FIEO President said they are eyeing 12 per cent and 20 per cent growth in merchandise and services exports during the fiscal year, respectively.
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Higher US tariffs & China offloading will delay Private Capex pick up
Updated : 11 months ago IST
The recovery in private corporate investment in India may face further delays due to weak corporate sentiment triggered by higher U.S. tariffs and the risk of China offloading excess manufacturing capacity, according to a recent report by UBS.
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India's CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge
Updated : 1 year, 2 months ago IST
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.
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Exports up by 9.6%, imports rise 27.5% in November; trade deficit widens t
Updated : 1 year, 2 months ago IST
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.
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Developing economies surpass $1 trillion mark in digitally deliverable ser
Updated : 1 year, 3 months ago IST
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).
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Finance ministry flags export challenges over softening demand in develope
Updated : 1 year, 3 months ago IST
India's export recovery may encounter challenges due to softening demand in developed markets, the Ministry of Finance in its monthly report said on Monday.
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India's services exports rise 9.8 pc to USD 180 billion in FYTD25: Bank of
Updated : 1 year, 4 months ago IST
The current account deficit (CAD) for FY25 is expected to remain within 1 per cent to 1.2 per cent of GDP. Stable Foreign Direct Investment (FDI) flows and strong Foreign Portfolio Investment (FPI) inflows, driven by favorable interest rate differentials and policies aimed at integrating Ind
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In August, India's exports decline 2.4%, imports rise 3.5%; trade deficit
Updated : 1 year, 5 months ago IST
India's overall exports, merchandise and services combined, in August were to the tune of USD 65.4 billion, a dip of 2.4 per cent on a yearly basis, Commerce Ministry data showed on Tuesday. Same month last year it was USD 67.0 billion.
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India's July exports up 2.8% at USD 62.4 billion, trade deficit widens to
Updated : 1 year, 7 months ago IST
During the first four months of 2024-25 (April-July), India's total exports now stand at around USD 260 billion. The government has expressed optimism about reaching its full-year target of USD 800 billion
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India's service sector continues to contribute to GDP accounting for 55pc
Updated : 1 year, 7 months ago IST
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the
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Our export in goods and services will be around USD 800 billion: Union Min
Updated : 1 year, 8 months ago IST
Addressing a gathering in Mumbai at an event organised by the Gems and Jewellery Export Promotion Council (GJEPC), he said, "We expect that this year will see positive growth in goods and services exports, our exports will be around USD 800 billion."
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