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INDIA TRADE DEFICIT
Behind the Modi-Xi border thaw, India's dependence on Chinese imports, especially rare earths, keeps deepeningIndia faces a significant trade deficit with China, importing substantially more goods than it exports. Chinese firms offer superior price ...- 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...
- European Union will use all tools to cut China trade deficit, von der Leyen saysThe European Union will employ all available tools to address its trade imbalance with China. Ursula von der Leyen stated the deficit has r...
- 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...
- Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data showsOverseas deposits from the Indian diaspora significantly boosted the country's capital account surplus. This inflow helped offset the overa...
- 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...
- 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% ...
- China is now ready to address trade concerns with IndiaChina expressed readiness to address India's trade concerns collaboratively. A recent meeting between ministers discussed bilateral economi...
- Piyush Goyal meets Chinese commerce minister; discusses trade tiesIndia's Commerce Minister Piyush Goyal held talks with Wang Wentao, his Chinese counterpart, to explore avenues for enhancing trade and eco...
- India, China agree to 'properly address' economic, trade concerns in balanced wayChina has expressed a genuine desire to work with India to address trade-related issues, with both sides seeking to balance their economic ...
- 'Calibrated capitulation': Congress slams PM Modi after his meeting with Xi JinpingThe Congress party has questioned Prime Minister Narendra Modi's approach to India-China relations. They accused the Prime Minister of "cal...
- 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, ...
- BRICS chief backs de-dollarisation, says local currencies are the way forwardBRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digi...
- India's BRICS trade deficit likely to remain key challenge as imports outpace exports: ReportIndia's trade relationship with BRICS nations is set to experience a notable increase in its trade deficit, driven largely by rapidly risin...
- 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...
- 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...
- India's exports under free trade pacts grew faster than imports in April-July: Piyush GoyalExports under free trade agreements are now growing faster than imports. Outbound shipments to FTA partner countries expanded by 23.9 perce...
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