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TRADE DEFICIT JANUARY TO AUGUST 2023
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...
- Trump calls Fed board ‘very political’ and ‘doing the wrong thing’ after first rate hike in 3 yearsTrump has renewed pressure on the Federal Reserve, demanding rates of 1% or lower shortly after the central bank raised its benchmark rate ...
- Tonight's US Fed rate decision will cast a long shadow over IndiaFederal Reserve Rate Impact on India: Federal Reserve rate hike is set to intensify pressure on India’s rupee, bond yields, inflation and m...
- US seeks details of India's rice stocks used for Ethanol outputThe United States has sought details from India on the use of rice for ethanol production. Washington has alleged that India’s rice stocks ...
- 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...
- Customs duty hike impact: Gold imports contract to USD 2.3 billion in AugustIndia’s gold imports declined significantly in August following an increase in customs duty, while silver imports rose sharply during the m...
- 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% ...
- 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...
- UK study visa applications fall 16% in year to August 2026UK study visa applications fell 16% in the year ending August 2026, with 360,700 applications from main applicants. Applications from stude...
- Bank of India ordered to pay Rs 15,000 to Kerala man after delay in releasing deceased wife's savingsA Kerala consumer commission ordered Bank of India to pay compensation. The bank delayed releasing a deceased woman's savings to her elderl...
- Dragon meets the elephant: India stresses border peace as leaders push long-term ties reset in Modi-Xi bilateralPrime Minister Modi and President Xi reaffirmed strategic ties and border peace for bilateral development. They committed to resolving the ...
- US budget deficit shrinks in August, year-to-date flat at $1.97 trillionThe US federal budget deficit decreased significantly in August. This reduction occurred due to lower spending and some payment shifts. How...
- 'All set for BRICS 2026!': PM Modi shares video of preparations at venue ahead of mega SummitPrime Minister Narendra Modi shared a video showcasing the decorated Bharat Mandapam venue. Preparations are complete for the upcoming BRIC...
- Sebi fines two Jindal Steel designated persons for trading-window violationsSebi has fined two designated persons of Jindal Steel & Power Rs 1 lakh each for trading in the company’s shares and stock options during t...
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