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Trade deficit

Trade data: Exports grow marginally, imports up 4.5 pct in April

Trade data: Exports grow marginally, imports up 4.5 pct in April

Wed, May 15, 2019

India's exports rose marginally by 0.64 per cent in April to USD 26 billion while imports increased by 4.5 per cent to 41.4 billion compared to the year-ago month.

Exports up 2.44% in Feb; trade deficit narrows: Commerce ministry data

Exports up 2.44% in Feb; trade deficit narrows: Commerce ministry data

Fri, Mar 15, 2019

The trade deficit has widened to USD 165.52 billion during the 11 months of the current fiscal from USD 148.55 billion compared to the year-ago period, the data said.

China says no to India's proposal for bilateral trade in domestic currencies

China says no to India's proposal for bilateral trade in domestic currencies

Sun, Dec 02, 2018

The issue was discussed in an inter-ministerial meeting in October. In the meeting, it was suggested to the Reserve Bank of India and the Department of Economic Affairs would look at the possibility of exploring renminbi-rupee trade with China.

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India's exports enter negative zone, dip 2.1% in Sept

India's exports enter negative zone, dip 2.1% in Sept

Tue, Oct 16, 2018

During April-September 2018-19, exports recorded a growth of 12.54 per cent to USD 164 billion. Imports during the period rose by 16.16 per cent to USD 258.36 billion, leaving a trade deficit of USD 94.32 billion in the first half of the current fiscal.

US trade deficit rises to five-month high on declining exports

US trade deficit rises to five-month high on declining exports

Wed, Sep 05, 2018

Economists polled by Reuters had forecast the overall trade deficit swelling to $50.3 billion in July. The trade gap continues to widen despite the Trump administration`s "America First" policies, which have left the United States embroiled in tit-for-tat tariffs with the European Union, Canada and Mexico as well as an escalating trade war with China.

Petroleum, crude oil drives India's imports; CAD may deteriorate to $14 bn in Q4FY18: ICRA

Petroleum, crude oil drives India's imports; CAD may deteriorate to $14 bn in Q4FY18: ICRA

Sat, Apr 14, 2018

Gap between exports and imports which widened by 28.5% in the last quarter of FY18 and took the trade deficit near $87.2 billion during the fiscal.

India, China agree to draw roadmap to address trade deficit: Com Min

India, China agree to draw roadmap to address trade deficit: Com Min

Tue, Mar 27, 2018

India and China have agreed to draw a roadmap with clear timelines to boost bilateral trade in a sustainable manner, the commerce ministry said today. Trade and other related issues were discussed during the meeting of China-India joint-group on economic relations, trade, science and technology h

India: State of the economy at a glance

India: State of the economy at a glance

Fri, Mar 16, 2018

Exports in February jumped 4.5 per cent to $25.8 bn.Imports in same period have risen 10.4 per cent to $37.8 bn.

Make in India not protectionist strategy, says Indian diplomat

Make in India not protectionist strategy, says Indian diplomat

Thu, Mar 01, 2018

Participating in a panel discussion on 'Deepening US-India Trade Ties: Focus on States' organised by the Center for Strategic and International Studies, Indian diplomat Chawla said that India and the United States were not horizontally competitive economies, but were vertically integrated economies. It is important for economies of large size to reap the benefits of their market size, on their jobs growth potential by creating local ecosystems, he noted.

Exports up 9% in Jan; trade deficit widens to over 3-year high

Exports up 9% in Jan; trade deficit widens to over 3-year high

Thu, Feb 15, 2018

India's exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and petroleum products, even as the trade deficit widened to an over three-year high.

India's external sector continues to be strong: Economic Survey

India's external sector continues to be strong: Economic Survey

Mon, Jan 29, 2018

India’s external sector continued to be resilient and strong in 2017-18, observed the Economic Survey 2017-18 tabled in Parliament today by Union Finance & Corporate Affairs Arun Jaitley. International Developments

Rupee wobbles on gushing trade deficit woes amid rising crude

Rupee wobbles on gushing trade deficit woes amid rising crude

Sat, Jan 20, 2018

Stretching its losses for the second-straight week, the home currency depreciated by 21 paise to end at 63.84.

After a blip, exports jump 30.55% to over $26 billion in November

After a blip, exports jump 30.55% to over $26 billion in November

Sat, Dec 16, 2017

After a brief pause, exports rose 30.55 per cent to USD 26.19 billion in November on account of improved global demand, government incentives and simplification of GST refund process.

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

India's trade deficit narrows to $8.98 billion in September; exports rise by 26% yoy

Fri, Oct 13, 2017

Trade deficit is considered as an economic measure of international trade - in which a country's imports exceeds its exports.

Trade deficit narrows to $13 billion in June

Trade deficit narrows to $13 billion in June

Fri, Jul 14, 2017

India`s trade deficit narrowed more-than-expected to $12.96 billion in June as gold imports nearly halved from a month earlier, government data showed on Friday.

India's trade deficit widens to $ 13841.72 million in May

India's trade deficit widens to $ 13841.72 million in May

Thu, Jun 15, 2017

Taking merchandise and services together, overall trade deficit for the first two months of FY18 was at $ 27090.91 million compared to $11117.77 million during April-May 2016.

India's current account deficit at $ 3.4 billion in Q4FY17

India's current account deficit at $ 3.4 billion in Q4FY17

Thu, Jun 15, 2017

RBI said India's CAD stood at $3.4 billion which was 0.6% of GDP in Q4FY17 higher from $0.3 billion in similar period of previous year.

India GDP growth to remain flat at 7.1% in FY18: HSBC

India GDP growth to remain flat at 7.1% in FY18: HSBC

Sun, Jun 04, 2017

India's economic growth is expected to remain flat at 7.1 % in current fiscal as investment is still weak and government spending might not be as high given the fiscal consolidation, says an HSBC report.

What will India's FY18 GDP growth look like?

What will India's FY18 GDP growth look like?

Fri, Jun 02, 2017

Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon.

Gold imports shrink 32.7% to $19.74 billion in April-Jan

Gold imports shrink 32.7% to $19.74 billion in April-Jan

Sun, Feb 19, 2017

According to industry experts, softening prices of the precious metal in the domestic and world markets could be the reason for the dip in imports.

We have a wide trade deficit with China, says Shaktikanta Das

We have a wide trade deficit with China, says Shaktikanta Das

Mon, Feb 13, 2017

Shaktikanta Das said that they are working to increase their exports in China and to decrease the trade deficit.

Trade deficit may be in range of $100-110 billion by March-end: Report

Trade deficit may be in range of $100-110 billion by March-end: Report

Thu, Jan 26, 2017

Care Ratings has projected India's trade deficit in the range of $100-110 billion by the end of March this year.

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

Mon, Jan 16, 2017

India's current account deficit (CAD) is expected to be around 1.3% of GDP in 2017 as against a deficit of 0.8% in 2016, says a report.

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