trade deficit

Pakistan's trade deficit with neighbouring countries swells

The government has allowed maximum imports from Afghanistan in the rupee on a land route in the post-Taliban regime period. The figures did not reflect those imports made in rupees.

published on : 9th August 2022

Inflation-adjusted GST revenue up 26% in FY23, says SBI chief economist

On the concern over the ballooning trade deficit, Gosh said that the trade deficit comes at 8.5% of its GDP projections for FY23, much lower than the peak deficit of 10.7% of GDP achieved in FY13.

published on : 5th August 2022

Rupee tanks 62 paise to close below 79 mark; trade deficit, rate hike fears dent sentiment

On Tuesday, the rupee rallied 53 paise, its best single-day gain in over 11 months, to close at an over one-month high of 78.53 against the US dollar.

published on : 4th August 2022

India’s trade deficit widens to $31 billion in July

The trade deficit in the same month last year (2021) stood at $10.63 billion. In the April-July 2022 period, the trade deficit crossed $100 billion, almost 2.5 times the trade deficit in the same peri

published on : 3rd August 2022

Rupee faces risk of further decline to 82 vs USD in near term: Experts

The US Fed in its July 26-27 meeting may increase the interest rate by 50-75 basis points, which could result in flight of capital from emerging nations like India.

published on : 24th July 2022

Rupee value breaches 80 level against USD on offshore market 

The currency unit pared some of its losses to close at 79.88 to the dollar. Forex market analysts like KN Dey of United Financial Consultants expect it to weaken further.

published on : 15th July 2022

Rupee plunges to record low as dollar climbs, trade deficit widens 

Amid these challenges, certain brokerages expect further weakness in the local unit in the coming months.

published on : 6th July 2022

Pakistan's trade deficit hits record-high of USD 48.66 billion as imports soar

Pakistan's trade gap widened by more than 32 per cent to touch USD 4.84 billion in June, from USD 3.66 billion a year ago, driven largely by almost double the increase in imports compared to exports.

published on : 3rd July 2022

Imports from China increased by 45.51 per cent in FY22 to Rs 7.02 trillion: Commerce Ministry data

India’s exports to China grew by 0.61% in FY22, which increased in FY21 by 33.59%. The major items of exports included iron and steel, ores, slag and ash and organic chemicals. 

published on : 22nd June 2022

India's exports rise 20.55% to USD 38.94 bn in May; trade deficit at record USD 24.29 bn

Imports during May 2022 grew by 62.83 per cent to USD 63.22 billion. Petroleum and crude oil imports during May 2022 surged 102.72 per cent to USD 19.2 billion.

published on : 15th June 2022

Trade deficit widens to USD 23 billion in May 2022

“India has achieved a monthly value of merchandise export in May 2022 amounting $37.29 billion, an increase of 15.46% over $32.30 billion in May 2021.

published on : 3rd June 2022

India's trade deficit rises 88 per cent in FY22: Government data

While total exports during last fiscal year increased to a record high of USD 417.81 billion, imports too soared to USD 610.22 billion, leaving a trade gap of USD 192.41 billion.

published on : 4th April 2022

February trade deficit widens to $21 billion: Commerce Ministry 

India’s merchandise trade deficit grew to $21.19 billion in February, according to a data released by commerce ministry on Wednesday. 

published on : 3rd March 2022

Trade gap at 5-month low of USD 17.42 billion; exports up 25 per cent in January

India’s merchandise trade deficit shrunk to a five-month low of $17.42 billion as export witnessed a 25.28% year-on-year growth to $34.50 billion in January 2022.

published on : 16th February 2022

India's exports rise by 36.76 per cent to $61.41 billion in January

The country's merchandise exports grew by 25.28 per cent to $34.50 billion in January 2022 from $27.54 billion recorded in January 2021.

published on : 15th February 2022

Exports rise 42.33 per cent to USD 35.47 billion in October

The merchandise imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in October 2020.

published on : 1st November 2021

China says retaliation ready if US tariffs go ahead

Some Chinese exporters say U.S. orders have declined, but Chinese leaders express confidence the economic impact will be modest.

published on : 6th September 2018

Trade war: US firm on tariffs on China goods, Dragon to fight back

As reported earlier, the US has imposed 25 per cent duties on about $34 billion worth of Chinese products including industrial machinery, medical devices and auto parts.

published on : 6th July 2018

US trade deficit with China not sustainable, US President Trump warns Chinses counterpart Xi

The US trade deficit with China increased by 13 percent in 2017, the first year of Trump's presidency, to 1.87 trillion yuan ($288 billion), according to official figures released.

published on : 17th January 2018

India's trade deficit with China stands at USD 37 billion in April-October

The bilateral trade between India and China stood at USD 50.19 billion during the April-October period, as against USD 71.45 billion in the entire 2016-17

published on : 18th December 2017
1 2 >