![]() | Pakistan's trade deficit with neighbouring countries swellsThe 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. |
![]() | Inflation-adjusted GST revenue up 26% in FY23, says SBI chief economistOn 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. |
![]() | Rupee tanks 62 paise to close below 79 mark; trade deficit, rate hike fears dent sentimentOn 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. |
![]() | India’s trade deficit widens to $31 billion in JulyThe 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 |
![]() | Rupee faces risk of further decline to 82 vs USD in near term: ExpertsThe 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. |
![]() | Rupee value breaches 80 level against USD on offshore marketThe 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. |
![]() | Rupee plunges to record low as dollar climbs, trade deficit widensAmid these challenges, certain brokerages expect further weakness in the local unit in the coming months. |
![]() | Pakistan's trade deficit hits record-high of USD 48.66 billion as imports soarPakistan'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. |
![]() | Imports from China increased by 45.51 per cent in FY22 to Rs 7.02 trillion: Commerce Ministry dataIndia’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. |
![]() | India's exports rise 20.55% to USD 38.94 bn in May; trade deficit at record USD 24.29 bnImports 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. |
![]() | 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. |
![]() | India's trade deficit rises 88 per cent in FY22: Government dataWhile 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. |
![]() | February trade deficit widens to $21 billion: Commerce MinistryIndia’s merchandise trade deficit grew to $21.19 billion in February, according to a data released by commerce ministry on Wednesday. |
![]() | Trade gap at 5-month low of USD 17.42 billion; exports up 25 per cent in JanuaryIndia’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. |
![]() | India's exports rise by 36.76 per cent to $61.41 billion in JanuaryThe 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. |
![]() | Exports rise 42.33 per cent to USD 35.47 billion in OctoberThe merchandise imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in October 2020. |
![]() | China says retaliation ready if US tariffs go aheadSome Chinese exporters say U.S. orders have declined, but Chinese leaders express confidence the economic impact will be modest. |
![]() | Trade war: US firm on tariffs on China goods, Dragon to fight backAs 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. |
![]() | US trade deficit with China not sustainable, US President Trump warns Chinses counterpart XiThe 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. |
![]() | India's trade deficit with China stands at USD 37 billion in April-OctoberThe 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 |
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