Page 2 Trade Deficit: Latest News and Updates, Top Stories, Videos, Photos About Trade Deficit

Surge In Crude Oil Prices Ups Risk Of A Decline In Rupee's Valuation

Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee. On Monday, the international benchmark for oil prices- Brent crude futures (February)- rose 8 cents or 0.2% to $50.05 a barrel and ...

On Sharp Fall In Imports, India Records Highest Ever Current Account Surplus In Apr-June

India's current account surplus rose to $19.8 billion or 3.9 percent of GDP (gross domestic product) in the June quarter as merchandise imports declined sharply amid the COVID-19 pandemic, the Reserve Bank of India said on Wednesday. The current account ...

India Returns To Trade Deficit In July

In July, India posted a trade deficit of $4.83 billion in goods after reporting its first trade surplus in over 18 years in the previous month. Data from the Ministry of Commerce & Industry released on 14 August showed that India's ...

India's Trade Deficit With China Reduces To $48.66 Billion

According to government data, India's trade deficit with China has fallen to $48.66 billion in the financial year 2019-20 on account of a decline in imports from the neighbouring country. During the year, exports to China stood at $16.6 billion, while ...

India's Merchandise Exports In April Fell Over 60%, But Trade Deficit Narrows

According to data released by the Ministry of Commerce & Industry on Friday, India's overall exports for the month of April has been estimated to be $27.96 billion, 36.65 percent lower than the same period last year. Overall imports in April ...

India's Trade Deficit Narrows In Feb As Exports Rise For The First Time In 7 Months

The country's trade deficit sharply narrowed in February to $9.85 billion from $15.17 billion in the previous month, on account of a rise in exports, as per data released by the Commerce Ministry on Friday. Trade deficit stood at $9.72 billion ...

India’s Exports Falls For The 6th Straight Month In Jan; Trade Deficit Widens

In January, India's exports fell by 1.66 percent to $25.97 billion, the sixth straight month of contraction, on account of a significant fall in shipments of petroleum, plastic, carpet, gems and jewellery, and leather products. Trade deficit to a seven-month high ...

June Trade Deficit Narrows To $15.28 Billion; Exports Fall

After a period of nine months, the country's exports of goods declined by 9.7% for the month of June to $25 billion. Also, during the same time, imports shank by 9.06% to $40.29 billion. The trade deficit lowered year-on-year from $16.6 ...

India's Trade Deficit With 25 Major Countries Widened In 3 Years

On Wednesday, the parliament was informed that India's trade deficit widened in the last 3 years with 25 major countries including Japan, South Korea, Saudi Arabia, Iraq and Germany. A trade deficit occurs when a country's imports are larger than its ...

Imports In May Increase By 7.76% YoY, Trade Deficit Widens

Exports of goods registered a 3.93% y-o-y growth in May to $29.99 billion as many of the major sectors including the likes of engineering goods, iron ore and leather products grew despite a slowdown in exports of gems & jewellery and ...

India's Trade Deficit Widens To 5-Month High On Slow Exports Growth

The trade deficit for the April month has inched to 5-month high as exports surged only marginally by 0.64% to $26 billion. Meanwhile, imports during the month increased by 4.5% to $41.4 billion in comparison to the same month a year ...

Rupee Opens Higher At 70.27

Rupee in Thursday 's trade opened higher at 70.27 after having closed at 70.335 in the previous session. The tensions around the US-China trade deal continue to be intense and amid it, Indian indices lost in the earlier session. Also, the ...

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