Search For "trade deficit"
PM Modi highlighted how BRICS is becoming more effective as global force f
Updated : 1 year, 5 months ago IST
Prime Minister Modi's address at the BRICS Summit emphasised the global potential of India's UPI system for international payments. As he prepares for crucial talks with Chinese President Xi Jinping, issues such as border disputes and trade deficits are expected to dominate discussions, pote
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India's services exports rise 9.8 pc to USD 180 billion in FYTD25: Bank of
Updated : 1 year, 5 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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Despite signs of export recovery in September, trade outlook remains uncer
Updated : 1 year, 5 months ago IST
The widening trade deficit poses a concern, especially with the U.S. imposing higher tariffs on Chinese imports, potentially leading to a surge in Chinese exports to Asian markets, including India.
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India's exports up by 4.86 pc, imports and trade deficit up much higher i
Updated : 1 year, 5 months ago IST
India's exports, merchandise and services combined increased by 4.86 per cent year on year, standing at USD 393.22 for April-September 2024-25, as Commerce Ministry data showed on Wednesday.
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Piyush Goyal says opposition 'forced' India to join RCEP group, free-trade
Updated : 1 year, 5 months ago IST
Union Minister Piyush Goyal has spoken out against India's previous involvement in the Regional Comprehensive Economic Partnership (RCEP) negotiations, stating that the country was "forced" to join the grouping by the previous government's executive action.
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Government will have to increase the speed of Capex expenditure to meet ta
Updated : 1 year, 5 months ago IST
The central government will have to increase the speed of spending capital expenditure by 41 per cent in the remaining months of this fiscal year to meet the capital expenditure growth targets.
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Decreased oil exports, because of lower crude prices increasing India's tr
Updated : 1 year, 6 months ago IST
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in the country's overall exports in August, according to a report by CRISIL.
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High Gold imports has driven India's trade deficit to 10-month high in Aug
Updated : 1 year, 6 months ago IST
The surge in trade deficit in the month of August was primarily driven by record gold imports totalling USD 10.1 billion, said a report by Emkay.
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In August, India's exports decline 2.4%, imports rise 3.5%; trade deficit
Updated : 1 year, 6 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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Congress' Manish Tewari gives adjournment notice in Lok Sabha urging discu
Updated : 1 year, 7 months ago IST
Congress MP Manish Tewari gave an adjournment notice in Lok Sabha to discuss the "border situation and the huge trade deficit with China" in the House on Monday.
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Congress MP Manish Tewari gives adjournment notice in Lok Sabha to discuss
Updated : 1 year, 7 months ago IST
Congress MP Manish Tewari on Friday gave an adjournment motion notice in the Lok Sabha to discuss the "border situation and the huge trade deficit with China."
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