India's export dips by 4.85 per cent to USD 32.11 in November: Government Data
3 months, 1 week ago

India's export dips by 4.85 per cent to USD 32.11 in November: Government Data

India TV News  

India's export dips by 4.85 per cent to USD 32.11 in November: Government Data Ministry of Commerce has shared a dip of 4.85 per cent in the merchendise exports in November. As per the government data released on Monday, India’s merchandise exports fell to UDS 32.11 billion in November while the import bill jumped 27 per cent to a record high of USD 69.95 billion. The data by the Commerce Ministry issued on December 16 showed that the country's merchandise exports had increased by 17.25 per cent to USD 39.2 billion in October this year. During April-November this fiscal, exports increased by 2.17 per cent to USD 284.31 billion and imports by 8.35 per cent to USD 486.73 billion.

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History of this topic

Indias exports are bound to grow despite global uncertainties: DGFT
1 day, 23 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report
Top News
2 days, 20 hours ago

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report

Firstpost  

Under a new trade deal between India and the US, New Delhi is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference …

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report
Trending News
2 days, 23 hours ago

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report

ABP News  

India is considering reducing tariffs on more than half of US imports, valued at $23 billion, as part of the first phase of a proposed trade deal aimed at countering the impact of upcoming US reciprocal tariffs, Reuters reported citing two official sources. According to an internal assessment by New Delhi, the new US tariffs, set to take effect on …

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report
3 days, 1 hour ago

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report

ABP News  

India's GDP is expected to grow at 6.5 per cent in the fiscal year ending March 31, 2026, demonstrating the country's resilience in the Asia-Pacific region amid global uncertainties, according to S&P Global Ratings’ report released on Tuesday. This projection assumes a normal monsoon season and soft commodity prices, particularly crude oil, as noted in the global financial institution's latest …

India open to tariff cuts on US imports worth $23 billion: Report
3 days, 9 hours ago

India open to tariff cuts on US imports worth $23 billion: Report

India Today  

The government is open to cutting tariffs on more than half of US imports worth $23 billion as part of a trade deal being negotiated between the two countries, news agency Reuters reported, citing two government sources. According to an internal analysis by India, the new US tariffs could impact 87% of Indian exports to the US, which are worth …

Exports rise 30 times, 'Made in Bihar' boots used by Russia: Defence report
3 days, 9 hours ago

Exports rise 30 times, 'Made in Bihar' boots used by Russia: Defence report

India Today  

India's defence production surged to a record high of Rs 1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. According to a report by the Ministry of Defence, defence exports have also hit a record Rs 21,083 crore in FY 2023-24, expanding 30 times in a decade, with equipment being …

Gold Prices Hit The Roof, But Demand Weakens As Consumers Become Sellers Across Major Markets
3 days, 20 hours ago

Gold Prices Hit The Roof, But Demand Weakens As Consumers Become Sellers Across Major Markets

ABP News  

With gold prices consistently touching the sky, jewellery sellers in Asia and the Middle East are witnessing a rush of customers eager to cash in on their old gold assets. India’s domestic gold prices have surged more than 32 per cent since the import duty reduction in July, reaching a record high of Rs 89,796 per 10 grams. Prithviraj Kothari, …

India’s forex reserves rise USD 305 million to USD 654.3 billion last week
5 days, 2 hours ago

India’s forex reserves rise USD 305 million to USD 654.3 billion last week

Live Mint  

New Delhi, March 23 : India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14. The latest RBI data showed that India's foreign currency assets, the largest component of forex reserves, stood at USD 557.186 billion. Estimates suggest that India's foreign exchange reserves are sufficient to cover approximately 10-11 months …

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015
6 days, 1 hour ago

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015

Op India  

India has reached a remarkable economic milestone, doubling its GDP from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025, marking an extraordinary 105 per cent growth that stands unmatched by any other major global economy, said BJP leader Amit Malviya. In the post he added, “India has achieved a remarkable economic milestone, doubling its GDP …

Tariff-proofing India’s exports
1 week, 1 day ago

Tariff-proofing India’s exports

Hindustan Times  

The tariff turmoil from the United States is emerging as the biggest ‘known unknown’ for the global economy in 2025. Indian economy For some time now, the relative stability of the World Trade Organization -refereed trade regime has cultivated a wide-spread complacency with global trade ballooning nearly five times since the creation of WTO. The long entrenchment in stable global …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
1 week, 1 day ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

​High base effect: On a shrinking trade deficit, rising exports
Trending News
1 week, 2 days ago

​High base effect: On a shrinking trade deficit, rising exports

The Hindu  

India’s goods trade in February saw its steepest decline in nearly two years. While a shrinking trade deficit driven by rising exports would have been a positive development, the simultaneous decline in exports and imports is a cause for concern. The looming threat of reciprocal tariffs has unsettled Indian exporters, as the U.S. is India’s second-largest trading partner, accounting for …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
1 week, 3 days ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025
2 weeks, 1 day ago

India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025

ABP News  

India’s retail inflation, measured by the Consumer Price Index, fell to a seven-month low of 3.61 per cent in February 2025, down from 4.31 per cent in January, as vegetable prices declined, according to government data released on Wednesday. India’s Industrial Output India's industrial production grew by 5 per cent in January 2025, driven primarily by the strong performance in …

India, US working on removing trade barriers: MoS
Trending News
2 weeks, 2 days ago

India, US working on removing trade barriers: MoS

Hindustan Times  

India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement which they hope to …

India, US eye trade deal to boost market access, cut barriers: Govt tells Lok Sabha
2 weeks, 2 days ago

India, US eye trade deal to boost market access, cut barriers: Govt tells Lok Sabha

Live Mint  

New Delhi: India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday. Amid the ongoing tariff war with the US, India is closely watching potential disruptions to its …

On US reciprocal tariffs on India, Centre's updates in Parliament
2 weeks, 2 days ago

On US reciprocal tariffs on India, Centre's updates in Parliament

Hindustan Times  

The Centre on Tuesday informed Parliament that as of date, the United States has not imposed reciprocal tariffs on India. The clarification comes days after US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. In …

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks
2 weeks, 6 days ago

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks

ABP News  

The Ministry of External Affairs on Friday said the proposed India-US trade agreement seeks to lower tariff and non-tariff barriers, expand market access, and strengthen supply chain integration. Responding to a question regarding the Trump administration’s remarks on retaliatory tariffs against India, Jaiswal also highlighted Union Commerce Minister Piyush Goyal’s recent visit to the US as part of ongoing efforts …

India Eyes $6B Export Boost with US Trade Deal
2 weeks, 6 days ago

India Eyes $6B Export Boost with US Trade Deal

Deccan Chronicle  

Chennai: The textile industry hopes that a zero-for-zero trade agreement with the US will increase exports by $6 billion in three years. The US contributed to 28.5 per cent of India’s total textile and apparel exports between January and November 2024. However, the recent trade tensions saw US firms partially moving away from China and this has benefited Vietnam and …

India is very high tariff nation: U.S. President Donald Trump
3 weeks ago

India is very high tariff nation: U.S. President Donald Trump

The Hindu  

India is a very high tariff nation, U.S. President Donald Trump has said as he reiterated that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. “And the big one will be on April 2, when reciprocal tariffs, so if India or China, or any of the countries that really…India is a very …

India is very high tariff nation: US President Donald Trump
Top News
3 weeks ago

India is very high tariff nation: US President Donald Trump

Deccan Chronicle  

India is a very high tariff nation, US President Donald Trump has said as he reiterated that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. And that'll be something very big," Trump said.This is the second time in as many days that Trump has remarked about India's tariffs.In his address to the …

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs
3 weeks ago

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs

India Today  

Prime Minister Narendra Modi is only interested in 'tareef' and not concerned with tariffs, Congress general secretary Jairam Ramesh said on Friday and wondered where is the PM's "56-inch chest" is in dealing with US threats on the reciprocal tariff issue. He said Trump is redoing the entire rules of international trade and asserted that the US President's whole idea …

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain
3 weeks ago

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain

Live Mint  

New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity. Currently, India imports both raw materials—mostly crude oil—and finished goods of the petrochemical value chain from the US, …

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs
3 weeks, 1 day ago

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs

The Hindu  

India's small engineering goods exporters have urged the government to cut import tariffs on some U.S. goods to try and achieve more favourable trade terms as President Donald Trump prepares to implement new steel and aluminium duties, the head of an industry body said. "Of India's $20 billion annual engineering goods exports, nearly $7.5 billion worth of shipments could be …

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January
3 weeks, 1 day ago

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January

The Hindu  

India’s engineering goods exports to the U.S. in January increased 18% year-on-year to $1.62 billion. For the 10 months ended January this fiscal, India’s engineering exports to the U.S. increased nearly 9% to $15.60 billion, EEPC India said on Wednesday. Cumulatively, during April-January in FY25 engineering goods exports were $96.75 billion, a 9.82% increase over the $88.10 billion in the …

Shifting trade patterns may open doors for India as U.S. targets Canada, China
3 weeks, 2 days ago

Shifting trade patterns may open doors for India as U.S. targets Canada, China

Live Mint  

Trade tensions flared on Tuesday after the US slapped stiff import tariffs on China, Canada and Mexico, drawing rebuke and retaliation from its trade partners, and opening up potential opportunities for a variety of Indian businesses. While Canada hit back with matching levies at the "unjustified" US action, China responded with its own tariffs, moved the World Trade Organization, and …

India's exports under pressure as US and EU tighten trade policies
3 weeks, 3 days ago

India's exports under pressure as US and EU tighten trade policies

India Today  

India’s exports are facing heightened challenges owing to aggressive trade policies from partners like the US and the European Union, said a senior trade ministry official on Tuesday, reported Reuters. Santosh Sarangi, head of the Directorate General of Foreign Trade, pointed to the increased import tariffs by the US and policies like the CHIPS Act, which support local manufacturing. He …

India’s forex reserves jump by $4.758 billion to hit two-month high of $640.479 billion: RBI
3 weeks, 6 days ago

India’s forex reserves jump by $4.758 billion to hit two-month high of $640.479 billion: RBI

Live Mint  

India's forex reserve jumped by USD 4.758 billion to USD 640.479 billion in the week ended February 21, the Reserve Bank said on Friday. For the week ended February 21, foreign currency assets, a major component of the reserves, increased by USD 4.251 billion to USD 543.843 billion, the latest data showed. India's reserve position with the IMF was up …

US reciprocal tariffs may hit India’s exports by up to $7 billion in FY26: Ind-Ra
3 weeks, 6 days ago

US reciprocal tariffs may hit India’s exports by up to $7 billion in FY26: Ind-Ra

Firstpost  

India Ratings and Research estimates suggest that should reciprocal tariffs be imposed by the US, India’s exports to the US may decline anywhere between USD 2 billion and USD 7 billion in FY26. Ind-Ra on Friday said India’s exports to the US may decline by USD 2 billion to USD 7 billion in FY26 if the US implements the reciprocal …

India needs tariff cuts, reforms to boost investments: World Bank
1 month ago

India needs tariff cuts, reforms to boost investments: World Bank

India Today  

India must lower import tariffs and introduce regulatory reforms to attract more foreign investment, according to a World Bank report released on Friday. "Relatively high import tariffs, especially on intermediate and capital goods, and significant non-tariff barriers contribute to high trade costs which inhibit greater openness in terms of imports and exports as well as fuller participation in global value …

India’s gold jewellery exports to U.S. may drop 50% in case of higher tariffs, lead to job losses, flags GJEPC study
1 month ago

India’s gold jewellery exports to U.S. may drop 50% in case of higher tariffs, lead to job losses, flags GJEPC study

The Hindu  

The likelihood of India’s key export products to the U.S. attracting higher tariffs ranging from 5% to 20% is lower than the average tariffs in India for USA. While with local taxes Average tariffs in USA are computed at 15.15% which are relatively higher than the average tariffs of 12.19% prevailing in India. India’s gem and jewellery exports to USA …

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll
1 month ago

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll

Live Mint  

India’s economic growth likely rose to 6.3% in the December quarter from 5.4% the previous quarter after a rise in government spending and a revival in consumption, especially in rural areas, provided support, according to a median estimate of 23 economists polled by Mint. “India’s economic performance in Q3FY25 benefitted from a sharp ramp-up in aggregate government spending on capital …

India's gold imports in February to hit 20-year low on record high prices: sources
1 month ago

India's gold imports in February to hit 20-year low on record high prices: sources

The Hindu  

India's gold imports are set to tumble 85% in February from year ago levels to their lowest in 20 years, with demand sapped by record prices for the precious metal, a government official and three bank dealers told Reuters. Lower gold imports could help India narrow its trade deficit and support the rupee that is trading near record low against …

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector
1 month ago

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector

Live Mint  

New Delhi: India’s electronics goods sector should target to boost exports by more than threefold to over $100 billion over the next seven years, said Union commerce minister Piyush Goyal, emphasizing the need for stronger supply chains and globally competitive pricing amid global trade headwinds. The sector should prioritize consumer interests and strike a balance between industry growth and affordability, …

Govt plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods, services
1 month ago

Govt plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods, services

Live Mint  

New Delhi: The Centre will shortly tap various ministries for inputs on tariff and policy tweaks to enhance market access for American goods and services ahead of upcoming trade talks with the US, four people aware of the plans said. Mint reported on 15 February that India plans to counter Trump’s reciprocal tariffs plan with data to show that most …

India forex reserves snap three-week gains; decline USD 2.5 billion in latest week
1 month ago

India forex reserves snap three-week gains; decline USD 2.5 billion in latest week

Live Mint  

New Delhi, February 23 : India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks. In the week that ended on February 14, the forex reserves declined USD by 2.54 billion to USD 635.721 billion. The latest RBI data showed that India's foreign currency assets, the …

Declining exports to Asian peers sees export-GDP ratio fall 5 per cent in 10 yrs
1 month ago

Declining exports to Asian peers sees export-GDP ratio fall 5 per cent in 10 yrs

Deccan Chronicle  

Chennai: India’s export-GDP ratio has declined from 17.16 per cent to 12.37 per cent in the past ten years mainly due to the weakening shipments to its Asian peers, including China. Saudi Arabian exports remain at $11 billion in these 10 years and shipments to Iran have dropped from $4.1 billion in FY15 to $1.2 billion in FY24. US exports …

‘India’s machinery import from Germany grew 2.2 % in 2024’
1 month ago

‘India’s machinery import from Germany grew 2.2 % in 2024’

The Hindu  

India’s import of machinery and equipment from Germany in 2024 increased 2.6% to 4,298 million Euros, according to VDMA, an organisation for the machinery and equipment manufacturing industry in Germany and Europe. “German machinery and equipment manufacturing companies exported goods worth 199.6 billion Euros in 2024, which was 5% lesser than the exports during 2023,” VDMA said in a press …

Donald Trump’s Reciprocal Tariffs: How will it alter India-US trade basket? Decoding the impact
Trending News
1 month ago

Donald Trump’s Reciprocal Tariffs: How will it alter India-US trade basket? Decoding the impact

Live Mint  

Trade relations between the US and India are in focus after US President Donald Trump plans to impose reciprocal tariffs on trading partners. Goods exported from India to US Amount Engineering goods $3.07 billion Electronic goods $ 2.11 billion Gems and Jewellery $ 1.83 billion Drugs and Pharmaceuticals $ 1.68 billion RMG cotton including accessories $ 862 million What India …

US Tariffs Threaten Indian Exports Across Sectors
1 month ago

US Tariffs Threaten Indian Exports Across Sectors

Deccan Chronicle  

Chennai: If reciprocal tariffs by the US come into effect, pharmaceuticals are likely to face 10.9 per cent tariff, diamonds and jewellery 13.3 per cent, and electronics 7.2 per cent. Indian pharmaceutical exports to the US valued $12.7 billion currently face 0.01 tariff, while $567 million worth imports from the US face 10.91 per cent tariffs, resulting in a tariff …

Farm exports to US face 4.9 per cent additional duty if Trump levies reciprocal levies
1 month, 1 week ago

Farm exports to US face 4.9 per cent additional duty if Trump levies reciprocal levies

New Indian Express  

MUMBAI: Indian farm exports may soon face higher tariffs in the United States under a new Reciprocal Tariff Plan announced on February 13. Currently, US goods entering India face a weighted average tariff of 7.7%, while Indian exports to the US are charged only 2.8%, creating a 4.9% difference. At present, Indian farm products exported to the US face a …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month, 1 week ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs A man counting Rs 100 notes. Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, …

US becomes India’s fifth largest oil supplier ahead of Trump trade tariffs, Russia retains top spot: Report
1 month, 1 week ago

US becomes India’s fifth largest oil supplier ahead of Trump trade tariffs, Russia retains top spot: Report

Live Mint  

India's oil imports from the US rose sharply in January from December, making the world's largest economy the fifth largest oil supplier to India. India's imports from its top oil supplier, Russia, rose 4.3 per cent last month to 1.58 million bpd. The share of Middle Eastern oil in India's about 5.1 million bpd crude imports in January rose to …

Trump tariffs: Jitin Prasada tells govt working on plan to protect them
1 month, 1 week ago

Trump tariffs: Jitin Prasada tells govt working on plan to protect them

Live Mint  

The government is proactive in safeguarding the interests of Indian exporters amid global trade challenges, according to Jitin Prasada, Union minister of state for commerce & industry. The minister asserted that India’s market, with its 1.4 billion people and rising aspirational spending power, is well-positioned to take on global trade challenges. Merchandise trade As per the commerce ministry data, India’s …

India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs: SBI
1 month, 1 week ago

India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs: SBI

Live Mint  

New Delhi, February 18 : In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points to India's GDP. SBI said, "Simulated impact of 20 per cent flat tariff on Indian exports to result in …

‘Reciprocal tariff is white noise’: SBI Research estimates tariff impact on India’s exports to US
1 month, 1 week ago

‘Reciprocal tariff is white noise’: SBI Research estimates tariff impact on India’s exports to US

Live Mint  

United States President Donald Trump's reciprocal tariffs on India are likely to turn out to be “white noise” rather than a major impact on Indian exports, according to an SBI Research report. While the Trump administration's move is significant for trade relations between the US and India, “tariff reciprocity may turn out to be more of white noise”, as per …

India will continue to cut import duties, says FM
Trending News
1 month, 1 week ago

India will continue to cut import duties, says FM

Deccan Chronicle  

Mumbai: The government is working on building India as an investor-friendly country, and the rationalization of tariffs is part of this continuing process, said finance minister Nirmala Sitharaman on Monday at a post-Budget press conference in Mumbai. On a question on the potential impact of imported inflation due to global tariff wars, Sitharaman said that the Reserve Bank of India …

Gold imports up 40.79 pc to USD 2.68 bn in Jan
1 month, 1 week ago

Gold imports up 40.79 pc to USD 2.68 bn in Jan

Live Mint  

New Delhi, Feb 17 The country's gold imports in January rose by 40.79 per cent to USD 2.68 billion on account of increasing domestic demands, according to commerce ministry data. Cumulatively, imports during April-January this fiscal year rose 32 per cent to USD 50 billion against USD 37.85 billion in the same period last fiscal year. India's gold imports, which …

India’s goods trade deficit widened to $22.99 billion in January—a two-month high
1 month, 1 week ago

India’s goods trade deficit widened to $22.99 billion in January—a two-month high

Live Mint  

New Delhi: India’s merchandise trade deficit rose to a two-month high of $22.99 billion in January on the back of higher imports. Merchandise exports declined to $36.43 billion in January by value from $38.01 billion in the previous month, and from $37.32 billion a year earlier, data released by the commerce ministry on Monday showed. The cumulative value of merchandise …

India’s exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade deficit rises to $2.67 bn
1 month, 1 week ago

India’s exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade deficit rises to $2.67 bn

Live Mint  

New Delhi, : India's overall exports, comprising both merchandise and services, rose to USD 74.97 billion in January 2025, marking an increase from USD 68.33 billion in January 2024, according to data released by the Commerce Ministry. However, the country's trade deficit too widened to USD 2.67 billion from USD 0.39 bn as imports surged to USD 77.64 billion, compared …

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