For Quick Alerts
For Daily Alerts

India's December trade deficit at $10.14 billion

India's December trade deficit at $10.14 billion
India's trade deficit rose marginally to $10.14 billion for the month of December, as against $9.22 billion for the month of November.

Imports fell 15.3 per cent for the month of December in comparison to November.

Imports fell to $36.49 billion.

December exports were modest due to lower petro products shipping. Gold and silver imports were placed at $1.77 billion as against $1.05 billion, month on month. The trade Secretary said that it was up to the government to decide on easing of gold imports.

Crude imports increased for the month of December to $13.89 billion.

Trade deficit has been one of the worries for the government as it pushes the current account deficit higher. This leads to pressure on the Indian currency.

Story first published: Friday, January 10, 2014, 12:09 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more