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Urgent Measures Needed To Reduce Trade Imbalances With Russia: S Jaishankar
External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.
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Chinese Exports Dip 4.6% After 7 Years Amid Economic Crisis: Report
Amid the economic crisis, Chinese exports saw a downfall for the first time since 2016 after global demand for Chinese-made goods slowed in 2023, CNN reported citing the Customs data released on Friday.
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NITI Aayog Begins Planning To Bridge India's Trade Deficit With China
NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India's trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains.
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"India's Heart With US": Minister On Staying Out Of China-Led Trade Bloc
At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.
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Merchandise Trade Deficit For January At $17.75 Billion, Lowest In A Year
January merchandise exports were $32.91 billion, compared with $34.48 billion in December, while imports fell to $50.66 billion from $58.24 billion, data showed.
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India's Soaring Russian Oil Imports Render Rupee Trade Futile: Report
India's love for discounted Russia oil is widening its trade deficit with Moscow and the casualty is their much-touted rupee trade plan.
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Rupee Could Remain Under Depreciation Pressure Due To Widening CAD: Economic Survey
The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
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Current Account Deficit May Widen, Needs Monitoring: Economic Survey
The country's current account deficit widened to 4.4 per cent of the GDP in the quarter ending September, from 2.2 per cent of the GDP during the April-June period due to a higher trade gap, according to the latest Reserve Bank data.
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Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
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India-China Trade Rises To $136 Billion, Trade Deficit Crosses $100 Billion Mark For First Time
The total India-China trade for 2022 has climbed to $135.98 billion, overtaking the 1$25 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data.
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Current Account Deficit Grows To 4.4% Of GDP In September Quarter
Underlying the current account deficit in July-September 2022-23 was the widening of the merchandise trade deficit to $83.5 billion from $63 billion in first quarter of 2022-23.
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Fall In Commodity Prices To Shrink India's Trade Deficit, Lift Rupee: Report
On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
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Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
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Trade Deficit Between India, China Falls To $51.5 Billion This Fiscal
The deficit during 2021-22 had jumped to $73.31 billion as compared to 44.03 billion in 2020-21, according to the data provided by commerce and industry minister Piyush Goyal in a written reply.
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India Considering Curbing Import Of Private Jets
India has proposed curbing the import of private jets and helicopters as the South Asian nation seeks to plug a widening trade deficit, according to a document from the country's aviation ministry seen by Bloomberg.
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Urgent Measures Needed To Reduce Trade Imbalances With Russia: S Jaishankar
External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.
-
Chinese Exports Dip 4.6% After 7 Years Amid Economic Crisis: Report
Amid the economic crisis, Chinese exports saw a downfall for the first time since 2016 after global demand for Chinese-made goods slowed in 2023, CNN reported citing the Customs data released on Friday.
-
NITI Aayog Begins Planning To Bridge India's Trade Deficit With China
NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India's trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains.
-
"India's Heart With US": Minister On Staying Out Of China-Led Trade Bloc
At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.
-
Merchandise Trade Deficit For January At $17.75 Billion, Lowest In A Year
January merchandise exports were $32.91 billion, compared with $34.48 billion in December, while imports fell to $50.66 billion from $58.24 billion, data showed.
-
India's Soaring Russian Oil Imports Render Rupee Trade Futile: Report
India's love for discounted Russia oil is widening its trade deficit with Moscow and the casualty is their much-touted rupee trade plan.
-
Rupee Could Remain Under Depreciation Pressure Due To Widening CAD: Economic Survey
The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
-
Current Account Deficit May Widen, Needs Monitoring: Economic Survey
The country's current account deficit widened to 4.4 per cent of the GDP in the quarter ending September, from 2.2 per cent of the GDP during the April-June period due to a higher trade gap, according to the latest Reserve Bank data.
-
Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
-
India-China Trade Rises To $136 Billion, Trade Deficit Crosses $100 Billion Mark For First Time
The total India-China trade for 2022 has climbed to $135.98 billion, overtaking the 1$25 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data.
-
Current Account Deficit Grows To 4.4% Of GDP In September Quarter
Underlying the current account deficit in July-September 2022-23 was the widening of the merchandise trade deficit to $83.5 billion from $63 billion in first quarter of 2022-23.
-
Fall In Commodity Prices To Shrink India's Trade Deficit, Lift Rupee: Report
On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
-
Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
-
Trade Deficit Between India, China Falls To $51.5 Billion This Fiscal
The deficit during 2021-22 had jumped to $73.31 billion as compared to 44.03 billion in 2020-21, according to the data provided by commerce and industry minister Piyush Goyal in a written reply.
-
India Considering Curbing Import Of Private Jets
India has proposed curbing the import of private jets and helicopters as the South Asian nation seeks to plug a widening trade deficit, according to a document from the country's aviation ministry seen by Bloomberg.
