Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISIL
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
Tag : trade deficit
India’s Trade Deficit Widened in August as Exports Slump and Imports Surge to Record High
According to the Commerce Ministry, India’s total exports, including both merchandise and services, dropped by 2.4% to $65.4 billion in August 2024, compared to $67...
India had Trade Surplus with 151 Nations and Deficit with 75 Nations: GTRI
As reported by the think tank Global Trade Research Initiative (GTRI), India achieved a trade surplus with 151 countries like the US and Netherlands while...
US Becomes the Top Trading Partner of India in H1 2024: GTRI
According to the Global Trade Research Initiative (GTRI), the United States became India’s primary trading partner in the first half (H1) of this year. At the...
US Goods Trade Deficit Narrows in August as Imports Fall
In August, the US trade deficit in goods narrowed amid a fall in imports, driven by decreasing domestic demand as the Federal Reserve tightens monetary...
Trade Deficit Widens to Record $26.18 Billion
India’s goods trade deficit widened to a record $26.18 billion in June, higher than the government’s previous estimate of $25.63 billion, after the Commerce Ministry...
India’s Trade Deficit In January Widens Up Over Previous Month
Due to the net increase in export, India’s trade deficit has contracted in the month of January year on year basis. According to the data...
India's Trade Deficit In January Widens Up Over Previous Month
Due to the net increase in export, India’s trade deficit has contracted in the month of January year on year basis. According to the data...
February trade deficit comes in at USD 12 billion
India’s trade deficit for February has come in at USD 12 billion. The exports increased by 4.5%, while the imports grew at 10.4%. Imports for...