Congress MP Manish Tewari on Wednesday gave an adjournment motion notice in the Lok Sabha 'to have a discussion on the border situation and the huge trade deficit with China'.
Congress MP Manish Tewari on Tuesday gave an adjournment motion notice in the Lok Sabha demanding a discussion on the border situation and the huge trade deficit with China.
Congress MP Manish Tewari gave an adjournment notice on Monday in the Lok Sabha, urging discussion on the border situation and huge trade deficit with China.
In his letter to the Secretary-General of Lok Sabha, Tewari highlighted ongoing border clashes between India and China and pointed out that China recently rejected the inauguration of the Seva tunnel and claimed parts of Arunachal Pradesh as its territory.
Congress MP Manish Tewari on Monday gave an adjournment motion notice in the Lok Sabha demanding a discussion on border clashes between India and China and India's trade deficit with China.
India's exports in the first quarter of 2024-25 (April-June) crossed the USD 200 billion mark and the government is optimistic about reaching the full-year target of USD 800 billion.
In June 2024, the trade deficit stood at USD 8.00 billion, up from USD 7.00 billion in June 2023. This USD 1 billion increase highlights a growing gap between the country's imports and exports, raising concerns among economists and policymakers about the underlying economic dynamics.
Talking to ANI during the official visit of Prime Minister Narendra Modi to Russia, Kostin said, "Our bank, our task is to help our the companies and the Indian companies who want to trade with Russia to promote business to promote economic relationship, and I think there's a lot we can do.
Congress general secretary Jairam Ramesh on Monday hit out at Prime Minister Narendra Modi over his visit to Russia asking a series of questions which included whether the PM would question Russian President Vladimir Putin about the unsustainable trade deficit between the two countries.
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
India's overall exports, merchandise and services combined, in the month of June were to the tune of USD 68.29 billion, a 10.2 rise on a yearly basis, commerce ministry data showed on Friday.
India's trade deficit faces limited near-term challenges from ongoing geopolitical uncertainties, though it remains an important area to monitor, says a recent outlook report by Crisil on India's trade deficit.