Search For "trade deficit"
Nepal President stresses economy push in last joint parliamentary address
Updated : 3 years, 1 month ago IST
Addressing the joint session of the newly elected parliament on Friday, Bhandari said, "The economic condition of the nation is at a complicated turn and we all know about it and are worried. We cannot achieve success until we find immediate, short and long-term solutions. Though silver lini
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Current account deficit for first half of 2022-23 at 3.3 pc of GDP: RBI Gu
Updated : 3 years, 1 month ago IST
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."
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Pakistan textile firm owners threaten protest over delay in clearance of i
Updated : 3 years, 2 months ago IST
The report quoted All Pakistan Textile Mills Association (APTMA) Chairman Hamid Zaman as saying that the textile industry will be forced to protest if the government doesn't clear the imported cotton
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Japan registers highest ever trade deficit in 2022
Updated : 3 years, 2 months ago IST
A trade deficit is typically the amount by which the cost of a country's imports exceeds the overall value of its exports.
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India's exports grew 0.6 pc in November
Updated : 3 years, 3 months ago IST
India's overall export, which included both merchandise and services, stood at USD 58.22 billion in November, which showed a 10 per cent growth over the same period last year.
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Steps taken by Centre to reduce reliance on import: Govt
Updated : 3 years, 3 months ago IST
Some of the steps include creating/enhancing of domestic capacity, incentivising domestic manufacturing through Production-Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of free trade agre
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Pak economy continues to remain in shambles due to structural imbalances
Updated : 3 years, 3 months ago IST
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
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"Indian Rupee has performed much better...," FM Sitharaman on Rs vs USD
Updated : 3 years, 5 months ago IST
Washington [US], October 16 (ANI): Union Minister for Finance & Corporate Affairs Nirmala Sitharaman on Saturday (local time) said that Indian Rupee has performed much better than many other emerging market currencies in reference to the value of Rs dropping against the USD as geo-pol
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India's exports rise by 1.62 per cent in August; trade deficit widens
Updated : 3 years, 6 months ago IST
New Delhi [India], September 14 (ANI): India's merchandise exports rose by 1.62 per cent to $33.92 billion in August 2022 as compared to $33.38 billion recorded in the same month last year while imports surged by 37.28 per cent year-on-year leading to widening in the trade deficit, as per th
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India's merchandise exports fall marginally to $33 billion in August
Updated : 3 years, 6 months ago IST
New Delhi [India], September 3 (ANI): India's merchandise exports fell marginally to $33 billion in August 2022 as compared to $33.38 billion recorded in the same month last year, as per the government data released on Saturday.
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S. Korea posts trade deficit of USD 10.2 billion during first 20 days of A
Updated : 3 years, 7 months ago IST
Seoul [South Korea], August 23 (ANI/Global Economic): South Korea's exports rose nearly 4 per cent year-on-year on August 20, but posted a trade deficit of more than USD 10 billion as imports also increased by 20 per cent.
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India can reduce imports from China by 40 per cent: PHD Chamber
Updated : 3 years, 7 months ago IST
New Delhi [India], August 18 (ANI): India has the potential to reduce imports from China by around 40 per cent in the coming years, according to an analysis conducted by industry body PHD Chamber of Commerce and Industry.
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