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Tag: trade deficit

Festive surge in gold imports drives India’s Oct. 2025 trade deficit up 141% to $21.8 billion

Posted on November 17, 2025 By admin
Festive surge in gold imports drives India’s Oct. 2025 trade deficit up 141% to .8 billion

Gold imports grew nearly 200% in October 2025 to $14.7 billion from $4.9 billion in October 2024. File. | Photo Credit: Reuters India’s trade deficit surged 141% in October 2025 to $21.8 billion due to surging imports, driven in large part by a festival-related jump in gold imports, and subdued merchandise exports, official data showed….

Read More “Festive surge in gold imports drives India’s Oct. 2025 trade deficit up 141% to $21.8 billion” »

Business

Rupee falls 17 paise to 88.26 against U.S. dollar in early trade

Posted on September 1, 2025 By admin
Rupee falls 17 paise to 88.26 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 17 paise to 88.26 against the U.S. dollar in early trade on Monday (September 1, 2025), as persistent foreign fund outflows weighed on investor sentiments. Forex traders said the rupee opened on a weaker note this morning and could remain under pressure…

Read More “Rupee falls 17 paise to 88.26 against U.S. dollar in early trade” »

Business

Government unfazed by high import bills and trade deficit spikes

Posted on November 24, 2024 By admin
Government unfazed by high import bills and trade deficit spikes

The Centre is non-plussed about the recent spate of record-high import bills and is not actively mulling any import compression measures. File | Photo Credit: The Hindu The Centre is non-plussed about the recent spate of record-high import bills and is not actively mulling any import compression measures, top trade officials asserted, attributing the rising…

Read More “Government unfazed by high import bills and trade deficit spikes” »

Business

Goods exports drop 9.32% to $34.71 bn in August

Posted on September 17, 2024 By admin
Goods exports drop 9.32% to .71 bn in August

Photo used for illustration purpose only. | Photo Credit: The Hindu India’s goods exports dropped 9.32% to $34.71 billion in August, while the import bill expanded 3.3% to $64.36 billion. The trade deficit widened to a ten-month high of $29.65 billion, reckoned to be the second highest monthly gap in goods trade. “Gold imports more…

Read More “Goods exports drop 9.32% to $34.71 bn in August” »

Business

India’s H1 trade with China declines amid slowdown

Posted on July 13, 2023 By admin
India’s H1 trade with China declines amid slowdown

India’s trade with China has declined in the first half of 2023 after more than two years of record growth. Image used for representation purpose only. File | Photo Credit: K.K. Mustafah India’s trade with China declined in the first half of 2023 after more than two years of record growth, part of a broader…

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