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INDIA GOODS EXPORTS AUGUST 2023
India-US tariff saga under Trump: A look at key turning pointsNew U.S. tariffs and sanctions legislation create a new flashpoint for India-U.S. relations. Washington imposed tariffs on Indian goods, ci...- India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...
- India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
- El Niño arrived early. Why its impact was felt from India to the Panama CanalEl Niño's early onset has triggered a cascade of atypical weather events worldwide. India faced not only monsoon challenges but also signif...
- EEPC India calls for eliminating non-tariff barriers and smooth payment mechanism among BRICS nationsEEPC India calls on BRICS countries to dismantle non-tariff barriers and streamline payment systems. Such actions could greatly enhance Ind...
- BNP Government of Bangladesh reviews 101 pacts signed with IndiaDhaka is reviewing one hundred and one agreements signed with New Delhi. Bureaucrats trained in India over the past decade may face scrutin...
- Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top marketIndia’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports dec...
- India’s exports surge to key markets: US shipments rise 21.83%, China 52.35% & Singapore 161% in August; check the latest trade dataTrade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year...
- India-China trade reset: New talks begin on trade concerns, supply chains; more meetings expectedIndia-China trade reset: India and China have begun discussions to address key bilateral trade concerns, with a focus on structural trade i...
- EU Parliament votes to scrap carbon border tax's emergency brake, setting up clash with member statesEuropean Union lawmakers voted to remove a clause allowing suspension of the carbon border levy. This move sets up a disagreement with EU m...
- India’s current account deficit more than doubles to $7 billion in July as trade gap expandsIndia's current account deficit grew to seven billion dollars in July. This widening gap occurred as merchandise imports outpaced exports s...
- More talks likely between India, China to address trade concerns, imbalance, supply chain: Trade SecyIndia and China are exploring measures to narrow the trade gap. Both nations seek to address supply-chain challenges and bilateral trade co...
- India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
- India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
- Maruti Suzuki Jimny, FRONX, e-VITARA exports to Japan cross 1 lakh milestoneMaruti Suzuki’s exports of Made-in-India Jimny 5-door, FRONX and e VITARA to Japan have crossed 1 lakh units, highlighting growing demand f...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demandIndia's gem and jewellery exports grew in August, with studded gold jewellery exports surging significantly. Cut and polished diamond expor...
- India-China trade: The numbers behind the relationship as Xi visits DelhiChinese President Xi Jinping's visit highlights India-China trade's stark imbalance. India's imports from China vastly exceed its exports, ...
- India’s merchandise exports jump 15% despite global headwinds: Piyush GoyalIndia's merchandise exports saw over fifteen percent growth from April to August. The nation has set ambitious export targets for the upcom...
- ‘Merchandise exports grew over 15%’: Piyush Goyal sees strong export growth despite global turmoilIndia’s merchandise exports are estimated to have grown by over 15% during April-August this fiscal despite global uncertainties, Commerce ...
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