In June, the Trade deficit was higher than anticipated as it widened to a record high of $26.18 billion amid a rise in imports of items such as crude oil, gold and coal. Imports jumped 57.55 per cent to a record $66.31 billion.
- Choosing the best demat account in 2025
- People’s Bank of China Stops Bond Buying
- Nifty, Sensex Suffer Biggest Weekly Loss in a Month Due to Persistent FII Selling
- Canada-Based Startup Launches North
- Economy of India Set to Grow 6.6% in 2025
In June 2022, export grew 23.52 per cent year on year (YoY) to $40.13 billion, which is expected to slow down during a weak outlook for the global economy.
