Tag: Trade deficit
China market access slow; Make in India, import balancing key to cutting trade deficit: Sitharaman
India’s efforts to secure better market access for its goods in China continue to move slowly, Finance Minister Nirmala Sitharaman said, underlining that boosting domestic…
Gold, silver prices at record highs: Why India may increase duties on their imports
India’s gold and silver imports surged to record levels last year, sparking concern among policymakers, with the government having few effective tools to curb inflows…
Rupee at 92/$: Imports, overseas education, travel hurt; exporters gain
New Delhi: The rupee hitting a historic low of 92 against the US dollar on January 23 is likely to make imports ranging from crude…
CRISIL flags strong headwinds for merchandise exports
Kolkata: Ratings firm CRISIL said that merchandise exports are likely to be buffeted by stronger headwinds due to the continuing impasse on the US-India trade…
Union Budget 2026: India mulls barriers to cut import dependence, narrow trade gap
New Delhi: India is weighing higher customs duties and targeted incentives for a range of goods where imports remain high despite local production, in a…
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…