
The demand scenario is “not looking very good as far as Europe is concerned, and the US also we have…
As reported, it is about $ 2 billion of payments from India to Russia got stuck over the last year.…
Exports fell 13.9% from a year earlier to $38.38 billion in March, while imports stood at $58.11 billion, down 7.9%.…
Trade deficit narrows, but export contraction a concern; exporters must not lose markets they can’t win back
Various sectors had an impact on India’s narrowing deficit, including exports of oil, electronic goods, oil meals and iron ores.
Higher services’ surplus offset double-digit merchandise deficit
The nature of the economy, its present stature, competitiveness and geo-political positioning are crucial determinants of trade fragmentation.
According to the data, imports during April-October this fiscal stood at USD 60.27 billion, while exports aggregated at USD 8.77…
According to analysts at Edelweiss Securities, the outlook for exports remains subdued, and the trade deficit may narrow going forward.
The data showed exports in the first five months of this fiscal hit $193.5 billion, up almost 18% from a…
According to Barclays, While India’s trade deficit has sequentially moderated from a record high of $30 billion in July, it…
During April-August 2022-23, exports registered a growth of 17.12 per cent to USD 192.59 billion. Imports during the five-month period…
While exports stood at just over $0.4 billion, imports spiked to almost $9.3 billion in the first quarter.
The trade deficit, which touched $99 billion in the first four months of FY23, won’t hit the “discomfort level”, he…
Global growth headwinds are likely to weigh on India’s exports going forward. However, the trade deficit may narrow (but likely…
India’s trade deficit may narrow a tad in August, easing concerns on the current account deficit, albeit to a limited…
Imports shot up by 43.61 per cent to USD 66.27 billion in the month compared to July 2021, the data…
India Ratings chief economist DK Pant said while trade deficit may ease a tad in August from the previous month,…
On top of these, elevated inflation has hurt discretionary spending in some of the advanced economies.
Economists expect the current account deficit to widen to 3% of GDP in FY23 from 1.2% from a year.
Among high-value segments, the rise in exports in June was led by petroleum products (119%), followed by electronics (61%) and…
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