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INDIA SERVICES TRADE SURPLUS
China says ready to address each other's concerns after Sitharaman flags trade barriersChina said it was ready to work with India to allay its concerns of rising trade imbalance. Finance Minister Nirmala Sitharaman said the tr...
The $50-billion question: Who gets what as India and Canada aim to strike a trade deal?India and Canada are currently negotiating a free trade agreement designed to enhance bilateral trade significantly. Nearly 300 Canadian bu...
India's GDP to grow 7.1-7.3% in FY27 as private investment gains momentum: DeloitteIn the fiscal year 2026-27, India's economy is expected to see growth ranging from 7.1 to 7.3 percent, fueled by a recovery in private inve...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI BankIndia's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices an...
India's current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billionIndia's current account deficit narrowed to $5.2 billion in August, compared to $6.1 billion a year earlier. The capital account surplus in...
India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
Bank deposits hit record $3 trillion in September, boosted by dollar deposits schemeIndia's banking system deposits hit a record high, reaching approximately 284 trillion rupees by September 2023. The increase was primarily...
India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
India, US lock first phase of trade pact; legal drafting underway: Piyush GoyalCommerce and Industry Minister Piyush Goyal announced the finalization of the first phase of the India-US trade pact. This phase is current...
'Big picture, big framework, big items are done': Sergio Gor says India-US trade deal very close ahead of Marco Rubio's visitThe trade agreement between India and the United States is close to fruition, with major issues largely settled. US Ambassador Sergio Gor c...
RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
China's trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance tradeChina's exports have increased significantly, rising by 36.3% in September compared to the previous year. Imports also saw an increase of 3...
India’s 10-year bond yield hits 3-year high as RBI’s liquidity measure weighs on demandIndian government bonds extended losses on Monday, pushing the benchmark 10-year yield to a three-year high as the RBI’s latest liquidity-t...
China's trade restrictions for services exporters under reviewIndia is proactively gathering insights on the trade hurdles faced by its services exporters in China, engaging with industry representativ...
China says can avoid 'escalation' after EU trade talksChina and the European Union held successful trade talks aimed at managing contentious disputes and avoiding escalation. Chinese Commerce M...
India, 14 others ink joint ministerial statement to curb structural excess capacityIndia has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite fa...