Sat, Jun 15, 2024
Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.
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Sun, May 26, 2024
The trade deficit with China rose to $85 billion, Russia to $57.2 billion, Korea to $14.71 billion and Hong Kong to $12.2 billion in 2023-24 against $83.2 billion, $43 billion, $14.57 billion and $8.38 billion, respectively, in 2022-23.China has emerged as India's largest trading partner with $ 118.4 billion of two-way commerce in 2023-24, edging past the US.
Mon, Aug 28, 2023
With falling trade deficit, India's current account deficit is likely to narrow to around USD 10 billion or 1 per cent of GDP in the April-June quarter of the ongoing fiscal, according to India Ratings.
Tue, Dec 13, 2016
Non-resident Indian (NRI) deposits also witnessed a 50% decline to $2.1 billion from $4.2 billion in the same quarter of the previous fiscal.
Mon, Dec 05, 2016
Ministry of Commerce and Industry, on Monday revealed the details of gold imports in India over the past year and October’s imports which amounted to 99.62 tons valued at $3.5 billion.
Mon, Nov 28, 2016
Indian exporters are encouraged to participate in major trade fairs in China and other countries to show-case Indian products.
Tue, Nov 15, 2016
On cumulative basis, the value of exports for the period April-October 2016-17 was $154913.20 million.
Sat, Oct 15, 2016
A blanket ban on import of Chinese goods as being demanded by some sections in India is not a feasible option, Commerce Minister Nirmala Sitharaman said on Friday.
Signalling a clear reversal of the continuous decline in Indian exports, official data on Friday showed September exports at $22.88 billion grew 4.62% over exports recorded in the same month last year at $21.87 billion.
Wed, Sep 21, 2016
Contraction in CAD was mainly on account of a lower trade deficit (US$ 23.8 billion) than in Q1 of last year (US$ 34.2 billion) and in the preceding quarter (US$ 24.8 billion).
Fri, Aug 12, 2016
Exports in July 2016 declined by 6.84% to $21.6 billion (Rs 1.45 lakh crore) from $23.2 billion (Rs 1.48 lakh crore) in the same month a year ago.
Tue, Jul 19, 2016
With exports showing signs of revival, India's current account balance is likely to turn surplus in the first quarter (Q1) of the fiscal year 2016-17, said a leading research firm in its recent note.
Mon, Jul 18, 2016
Analysts say that this jump was led by increase in imports, especially oil whose prices have firmed over the past few months. Kapil Gupta and Prateek Parekh of Edelweiss Securities, in a report dated July 15, 2016 said, "Overall, exports and imports growth is recovering from lows partly helped by low base effect and the level of deficit remains very contained."
Fri, Jul 15, 2016
This was mainly due to the rise in exports for the first time after a gap of 18 months.
Mon, Jun 20, 2016
By country, the deficit with China, Japan's largest trading partner, rose 401.093 billion yen ($3 billion) in April, representing a 4 % year-on-year increase.
Mon, May 23, 2016
Remittances to India from Gulf Cooperation Council (GCC) fell last fiscal, so did its goods exports frm India and imports to India. However, it still isn't a cause for much worry. Why?
Tue, May 17, 2016
In April, exports contracted for the 17th straight month, deepening 6.7% y-o-y from 5.5% in March.
Mon, May 09, 2016
March exports were $176.6 billion, $1.5 billion less than February exports.
Thu, May 05, 2016
Sitharaman said that the global dip in trade would impact India's exports also.
Fri, Apr 22, 2016
India's trade surplus in the services sector has narrowed in February 2016, a Nomura report said on April 21, adding to worries about the state of the country's exports even in the services sector.
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