Tag: merchandise trade deficit

CAD widens marginally on widening trade deficit
Posted in Economy

CAD widens marginally on widening trade deficit

India’s current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the same period…

Continue Reading
The Reserve Bank of India reported a current account deficit of $9.7 billion for April-June, driven by a $65.1 billion merchandise trade deficit. Net services receipts increased to $39.7 billion, while remittances rose, supporting future export growth.(Reuters)
Posted in Business

India’s current account deficit gap widens in April-June: RBI

India’s current account deficit widened on-year in the April-June quarter, largely due to a higher merchandise trade deficit, the central bank said on Monday. The…

Continue Reading
Inside Image (1).
Posted in Economy

February exports decline 8.8%, trade deficit at $17.43 billion

India‘s merchandise exports fell for a third consecutive month in February, pulled down by a slowdown in global demand, while the trade deficit narrowed to…

Continue Reading