Search For "trade deficit"
Rupee slumps to new record low of 79.38 against US dollar
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): The Indian rupee slumped to a new record low of 79.38 against the US dollar on Tuesday amid continued foreign fund outflows and a widening trade deficit.
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India's merchandise exports jump 16.8 pc to USD 37.9 bn in June
Updated : 3 years, 8 months ago IST
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.
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Gold prices in India rise further after hike in import duty
Updated : 3 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Gold prices in India extended their gains from the previous week as the Centre raised the import duty on the yellow metal, a measure to disincentivize the imports amidst the widening trade deficit. The Centre has raised the basic import duty on the gold from
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India's current account deficit falls to $13.4 billion in Q4 of 2021-22
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): India's current account deficit (CAD) declined to $13.4 billion in January-March 2022 from $22.2 billion recorded in the previous quarter, according to data released by the Reserve Bank of India (RBI) on Wednesday.
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India's trade deficit widens to record $24.29 billion in May
Updated : 3 years, 9 months ago IST
New Delhi [India], June 15 (ANI): India's trade deficit widened to a record $24.29 billion in May 2022 from $6.53 billion in the same month last year due to a sharp jump in the country's imports, as per data released by the Ministry of Commerce and Industry on Wednesday.
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India's exports jump by 24 pc to $62.21 billion in May
Updated : 3 years, 9 months ago IST
New Delhi [India], June 15 (ANI): India's overall exports, merchandise and services combined, rose by 24.03 per cent year-on-year to $62.21 billion in May, the government data showed on Wednesday.
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India's exports rise 15.46 per cent to $37.3 billion in May
Updated : 3 years, 9 months ago IST
New Delhi [India], June 2 (ANI): India's merchandise export rose by 15.46 per cent to USD 37.3 billion in May 2022 as compared to $32.30 billion in the same month last year, the government data showed on Thursday.
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India's exports rise 30.7 per cent to $40.19 billion in April
Updated : 3 years, 10 months ago IST
New Delhi [India], May 13 (ANI): India's merchandise exports rose by 30.7 per cent year-on-year to $40.19 billion in April 2022 as compared to $30.75 billion in the corresponding month of the last year, led by strong growth in sectors like petroleum products, electronic goods and chemicals,
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 3 years, 10 months ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Pakistan's trade deficit swells to USD 39.3 billion in ten months
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
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India's exports rise by 24 per cent to USD 38.19 billion in April
Updated : 3 years, 10 months ago IST
New Delhi [India], May 3 (ANI): India's merchandise exports rose by 24.22 per cent year-on-year to USD 38.19 billion in April 2022 on the back of healthy growth in the sectors like petroleum products, electronic goods and chemicals, the government data showed on Tuesday.
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US trade deficit jumps to record high amid Russia-Ukraine war
Updated : 3 years, 11 months ago IST
Washington [US], April 28 (ANI): US Gross Domestic Product contracted by 1.4% in the first quarter of this year, the Commerce Department said Thursday in a preliminary estimate for the period which compared with a growth of 6.9% in the fourth quarter of 2021.
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