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BRICS TRADE DEFICIT
India needs stronger export push as energy imports drive trade deficits with BRICS nations: BRICS CCI ChairmanIndia must increase exports to BRICS nations to counter trade deficits from energy imports. Greater focus is needed on export promotion and...
The BRICS trade boom has a $226 billion hole for IndiaThe dynamics of India's trade with BRICS nations have transformed, with imports outpacing exports and causing the trade deficit to reach $2...
Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...
Piyush Goyal to meet Russian ministers to advance EAEU trade deal talksIndia's minister will meet Russian and EAEU counterparts to advance trade deal talks. Negotiations for a trade pact with the Eurasian Econo...
India sends its Fab 4 across the world to woo trade, tech, energy and capitalIndia engages key partners, focusing on border management and energy security. Discussions with China now include investment alongside boun...
India, China may build new framework for investmentsIndia and China are exploring new frameworks for business exchanges and investments. Beijing may unveil an investment package for India dur...
Jaishankar meets Putin in Moscow, discusses bilateral ties and global developmentsExternal Affairs Minister S Jaishankar met Russian President Vladimir Putin in Moscow. They discussed bilateral ties and global and regiona...
Before Xi Jinping's likely India visit, Chinese money is pouring inIndia is cautiously reopening economic channels with China as Chinese linked investment returns after years of restrictions following the G...
India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12India and the SACU group will sign terms of reference for trade talks. Negotiations for a preferential trade agreement are expected to begi...
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
S Jaishankar raises supply chain concerns, trade imbalance in talks with Chinese FMExternal Affairs Minister S Jaishankar met Chinese counterpart Wang Yi in Manila. They discussed stable relations for a multi-polar Asia an...
India's BRICS trade surges to $416 billion, but widening deficit raises policy imperative ahead of 2026 SummitIndia's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising f...
Int'l trade based on transparent, open, fair approach: IndiaExternal Affairs Minister Jaishankar emphasized the need for a stable and fair global trading system during the BRICS summit, subtly refere...
Fair economic practices imperative as world seeks stable trade: EAM Jaishankar to BRICS amid Trump tariff turmoilAmidst global economic uncertainties and trade volatility exacerbated by Trump's tariff policies, External Affairs Minister Jaishankar conv...
Nirmala Sitharaman in Shanghai to attend BRICS trade ministers meetThe seventh meeting of BRICS will discuss expanding e-commerce cooperation in an upcoming annual meeting, China's Ministry of Commerce (MOC...
BRICS Summit 2016: Exim Bank released research papers, highlighting opportunities to enhance Intra-BRICS tradeThe study highlights the robust trend in bilateral trade between India and rest of BRICS countries and the rising trend in India’s trade de...
China assures greater market access to products of Indian companiesIn 2015-16, India's exports to China were $9 billion, while imports were $ 61.7 billion, leaving a trade deficit of $52.7 billion.
Large FDI from China way to address huge trade deficit: Manmohan SinghThe burgeoning trade deficit has touched almost $20 billion amid declining Indian exports of raw materials like iron ore.
- BRICS may sign pact to extend credit in local currencies
Brazil, Russia, India, China and South Africa's are in advanced stage of reaching a pact for extending cross-country credit in local curren...
- Need to reduce trade deficit with China: PM
In 2010, bilateral trade between two nations was more than $60 billion with balance of trade tilting heavily in favour of China.