Tag: Trade deficit
India’s exports to China skyrocket but a $106 billion trade deficit looms
India’s exports to China jumped nearly 90% in November 2025, but the surge is far from a sign of broad-based growth, according to a new…
India’s trade deficit narrows to five-month low in November 2025 as US exports pick up| Business News
India’s trade deficit has narrowed to a five-month low as gold imports fell and exports to the US picked up despite punitive tariffs. The decline…
GST cuts boost demand as India posts 8.2% GDP growth, US tariff risks loom: Economists
New Delhi: The Indian Economy has shown a stellar growth trajectory as the real GDP is estimated to have grown by 8.2% in the July-September…
India’s services exports boom offsets turbulence in goods trade: FinMin report
As India’s external sector continues to be hit by a complex global environment, the persistent strength in services exports provides an important counterbalance to the…
Landlocked states to receive focused support under export promotion mission: Goyal
Commerce and Industry Minister Piyush Goyal on Tuesday said the recently approved Rs 25,060 crore export promotion mission would incorporate targeted schemes to help landlocked…
Chaired by Piyush Goyal, Board of Trade to meet on Tuesday to discuss ways to boost exports
The Board of Trade (BoT) is scheduled to meet on Tuesday, chaired by Commerce and Industry Minister Piyush Goyal, to discuss strategies to boost India’s…
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…
India’s trade deficit widens to a record as exports show impact of US tariffs| Business News
India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while…
Current Account Deficit likely to stay in check at 1.2-1.5% of GDP, progress on India-US trade talks will be crucial: Report
The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to…
China top source of imports in H1 FY26; New Delhi’s trade deficit with Beijing hits $54.4 billion
New Delhi: Mainland China emerged as India‘s top import source in the first half of this financial year with $62.89 billion worth of inbound shipments,…