Search For "trade deficit"
India's exports rise by 2.14 per cent; trade deficit widens to $30 billion
Updated : 3 years, 7 months ago IST
New Delhi [India], August 12 (ANI): India's exports increased by 2.14 per cent year-on-year to $36.27 billion in July while imports surged by 43.61 per cent to USD 66.27 billion during the month leading to an almost three-fold jump in the trade deficit, according to the official data release
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Pakistan's trade deficit with neighbouring countries swells
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 9 (ANI): Pakistan is currently witnessing a deep trade deficit with neighbouring countries as the country's imports to nine regional countries have risen almost twice in comparison to the exports of the South Asia nation, media reports said citing latest data rel
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India's exports fall marginally to $35.24 billion in July
Updated : 3 years, 7 months ago IST
New Delhi [India], August 2 (ANI): India's merchandise exports declined marginally to $35.24 billion in July 2022 as compared to USD 35.51 billion recorded in the same month last year, as per the government data released on Tuesday.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Report says Pakistan is victim of Chinese trade deficit
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 25 (ANI): Merged with a debt trap, the Chinese Belt and Road Initiative has jolted the financial stability of many other countries including Pakistan which faces a severe deficit in trade balance with Beijing.
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Indian economy remains resilient despite global headwinds: RBI
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
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India's current account deficit expected to deteriorate in FY23: Finance M
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry o
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India's overall exports jump 23 per cent to $64.91 billion in June
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): India's overall exports, merchandise and services combined, rose to $64.91 billion in June 2022, registering a year-on-year growth of 22.95 per cent, as per the government data released on Thursday.
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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South Korea logs 5.5 bln USD of trade deficit in first 10 days of July
Updated : 3 years, 8 months ago IST
Seoul (South Korea), July 11 (ANI/Xinhua): South Korea logged a trade deficit in the first 10 days of this month due to faster growth in imports than export, caused by higher energy costs, customs office data showed Monday.
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US trade deficit continues to narrow in May amid cooling demand
Updated : 3 years, 8 months ago IST
Washington [US], July 7 (ANI/Xinhua): The US trade deficit shrank by 1.3 per cent in May after a significant drop in the previous month, hitting the lowest level of the year, the Commerce Department reported on Thursday.
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Widening trade deficit pushes India to disincentivize gold imports
Updated : 3 years, 8 months ago IST
New Delhi [India], July 6 (ANI): India is experiencing a widening trade deficit, this essentially means that it is buying more goods and services than it is shipping out. India's trade deficit widened to a record $25.63 billion in June 2022, whereas it stood at $70.25 billion during April-Ju
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