Tag: india trade deficit
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pc
New Delhi: India’s gold imports rose by 34 per cent year-on-year to USD 3.41 billion in May, driven by high prices of the precious metal,…
India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…
India’s biggest trade bet comes with six red flags
India’s free trade agreement playbook is expanding rapidly, but a new report suggests the results are becoming harder to celebrate. As New Delhi pursues trade…
Measures like tax relief, import curbs can shield India from West Asia crisis: Report
New Delhi: India needs to undertake measures such as tax moderation to boost export competitiveness, targeted import curbs on non-essential and demerit goods, and time-bound…
India’s trade deficit pressures could persist through 2026 as electronics imports surge, export outlook stays fragile
New Delhi, India’s trade deficit is likely to remain under pressure in the coming months as elevated crude prices, supply-side disruptions and a potential global…
India’s trade deficit widens to $28.38 billion in April as imports surge amid Gulf conflict
India’s merchandise trade deficit widened to $28.38 billion in April, coming in above market expectations, as the ongoing conflict in the Middle East disrupted shipments,…
India’s trade deficit narrows to $20.67 billion in March on West Asia risks
India’s merchandise trade deficit narrowed sharply to $20.67 billion in March, coming in well below market expectations, after escalating tensions involving Iran raised fresh risks…
Finance Ministry flags rising external risks as trade deficit and CAD expand
New Delhi: External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministry‘s Monthly…
India’s exports to hold in March despite global turmoil, says Piyush Goyal
New Delhi: India’s trade remains resilient despite global disruptions and the deficit is manageable, commerce and industry minister Piyush Goyal said in the Lok Sabha…
India’s trade deficit narrows before Iran war impact shows on economy| Business News
India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…